Mission & Objectives
- Maximise revenue from the commercialisation of our patented technology in conjunction with our licensees and partners
- Increase shareholder value
- Continue to develop new technology based on our core competencies
Strategy
Subsequent to the recent Strategic Review, the Company has looked to supplement its existing long term projects with a series of measures designed to produce additional near term revenues, and where possible accelerate adoption of our patented SAW sensor technology. These measures include:
- Working more closely with our licensees to actively market our technology
- Aggressively targeting high margin market segments where our technology has unique selling points. We have identified the “Off-the-road” (“OTR”), truck and motorsport sectors as fulfilling these criteria
- Extract additional income from the supply chain
- Vertical integration, forward into distribution and/or backwards into assembly
- Establishing joint ventures & strategic alliances
- Entering non-automotive markets
- Actively marketing our technology in the Far East
- Producing demonstration kits for technical evaluation
- Providing engineering consultancy
- Licensing of our tooling and calibration rig
- Seeking development grants and funding
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