Moving Forward In March

Written by Tom Nugent on Thursday, March 3rd, 2011

After a short hiatus, we’re back to blogging.  We’ve had a very busy past few weeks (including a trip to Washington DC). In D.C., we had meetings with a variety of organizations (both in the private and public sectors) about our technology and its uses.  We can’t name names at this point, but there is potential there for contracts utilizing our technology in a range of markets.

In addition, we attended the AUVSI Program Review Air Day. We made some good contacts and learned quite a bit as well. LaserMotive also presented to a group at the Pentagon, as well as presented to a defense venture capital group that was were very interested. During all this, we continue work on our entry for the next Power Beaming Competition to be held later this year. Although the dates are still tentative, we expect that this should take place in the second or third quarter of this year.  We’ll share more details as we learn them.

We continue to focus on laying the groundwork for our next level of growth in the upcoming weeks.  All in all, we’ve taken significant steps and made significant contacts in this direction in the past weeks that we believe will come to fruition in upcoming weeks and months.