Q: What do you make of their deal with Globetronics etc. announced 23/12/2024 ?
5i Research Answer:
Markets seem to like the news both on signing a manufacturing partner and also the further momentum in the deal with SAIC. The financial impacts of the deal are not overly clear from what we can see but the increased capacity with the deal and signing of the manufacturing agreeement at least indicate that increased demand is coming down the pipeline. This announcement may, however, still take a bit of time to have any revenues flow through to PTK.