If there's a way to post pictures on this thread, then I don't know it, I have been searching for early signs of Nexus pre-launch, but can see no reference at all to the X100 on Em-trak's website. Meanwhile, if you go to SRT's Linkedin page then search for Alec Buchness , who is our man in America you will see that he has posted several Em-trak adverts which I haven't seen anywhere else. Wanted to copy them onto this thread but no can do. Still no direct mention of X100 launch but good to see Em-trak's brand being promoted over there. How Trump's threatened tariffs will affect the game is anyone's guess but hope SRT have managed to ship plenty of hardware over there in advance anyway. |
A google search shows numerous UK universities doing research on maritime security. Do they know about SRT? I believe that Geovs was a university spin out. Should SRT seek to engage? What will be the next technology? Can SRT afford to sponsor research? |
Does SRT sit within the defence sector of the UK stock market? |
some chunky trades this morning seem to have provoked the share price rise. |
lav. Well found. Very interesting. Thank you. |
To a jaundiced eye that increase is directly linked to the £1.5 billion announced by Starmer for missiles for Ukraine. Topping up the pot as it were and giving the government the ability to make another positive annoucement.
For SRT, however, the capacity available to countries for which UKEF lending support (as opposed to bond coverage) may be required such as Asia and Africa are largely untapped. A while ago I posted about how much they had lent to the whole Indo-pacific region in the latest year and it was a pittance, so little that I couldn't be bothered to find it again. And there is billions of capacity available. That is one of the reasons why I expect a bit of fanfare when the UKEF/MOF is announced as it is not just SRT but seven others in the queue and scheduling the fanfare may be contributing to the lack of annoucement.
A lady called Catherine West movements might be worth following.
I don't think that HMG is unaware or unsupportive of SRT. |
It would be nice if this also applied to SRT's products:
UK defence companies which deliver military goods abroad will benefit from a £2bn increase to UK Export Finance (UKEF) lending capacity, in what the Treasury claims will bolster growth and increase the number of jobs in the sector.
On her visit to Scotland today (14 March), UK Chancellor Rachel Reeves is expected to pledge that "we must bring about a new era of security and renewal that protects working people and keeps our country safe".
The additional £2bn increase to the UKEF lending facility is expected to enable further UK defence exports such as missiles, aircraft and armoured vehicles overseas. |
Reports say cost of Neom is now nearer 9 Trillion hxxps://www.newarab.com/news/saudis-neom-bill-skyrockets-500-billion-88-trillion |
A fleet of Chinese navy vessels completed an unprecedented voyage around Australia, conducting live-fire drills and entering the country’s exclusive economic zone, raising concerns about national security and reliance on the US, reports The New York Times. |
I see that the Saudi budget for Neom, the futuristic development along the Red Sea coast, is $500 bn. |
.."I get the impression that UKEF now understands the SRT offering ..."
I'm not sure that Simon would agree with you there ;-<<
.." especially since the company is now awash with cash."
I'm not sure that I agree with you there ;-<< GLA |
 There are so, so many countries around the world that need to monitor their coastlines, with IUU fishing being one of the drivers. China is a major aggressor as it hoovers up fish stocks around the world. The other driver is the need to monitor coastal waters for illegal activities including smuggling (Guns, drugs and people). I suspect that many countries are looking at SRT, with the company receiving numerous inquiries. The limiting factor is the funding. Obviously oil rich counties have ready cash , but others will need to borrow using UKEF. I get the impression that UKEF now understands the SRT offering and has confidence to help on numerous fronts. How fast can SRT grow? I am hoping for contract news from Kuwait and Saudi Arabia in the next few months. I am also hoping that Tanzania and Kenya can borrow the necessary funds. If Australia puts its toe in the water it could start around the northern territories. I imagine that New Zealand has a similar problem. Simon has always said that competition will eventually arrive, but for the time being it has the market to itself. Finally there is the growing threat of underwater and surface drones, which are the new dimension of warfare with their ability to attack underwater cables and pipelines. At some stage the market is going to wake up to what SRT represents. However, I suspect that there are major defence contractors trying to decide how to capture this little company based in Somerset. Interesting and exciting times, especially since the company is now awash with cash. |
The Australians seem to be able to catch them.
Australia Destroys Indonesian Fishing Boat for Illegal Shark Finning |
Dangerous times. |
It's possible that it was deliberate, then the question is, who is the actor behind it. |
 LaV, article in The Times is better informed, they mention AIS:
"There is a variety of systems on board large ships to avoid collisions but no specific anti-collision technology like that found on commercial planes. Radar is the primary system used to monitor nearby traffic but experts insist no technology can replace the human eye, or “Mark One Eyeball”, and that this should be the primary source of navigation. Radar systems can be used to help collision prevention. “You can get the radar software to calculate something called a CPA, the closest point of approach,” Matthew Schanck, chairman of the Maritime Search and Rescue Council, said. “That tells you how close you are going to get to the point. Had they done this with the Stena Immaculate, it would have told them that on that course there was a ‘zero CPA’, ie you are going to hit it.” Both ships also had their automatic identification system, or AIS, switched on. This is required by the International Maritime Organization and other management bodies in order to help avoid collisions. AIS data generally includes a ship’s location, course, speed and vessel identification. It can be integrated into navigational charts, meaning a ship can see the position, course and identity of other nearby vessels."
Goes on to question why the Solong chose a course through what is known to be a deepwater "parking" area for ships. Also says AIS data shows no attempt made to change course.
Intriguing puzzle. |
An example of the confusion concerning RADAR and tracking data is here:
A professor at Cardiff of all places says 'The tanker is now visible on vesselfinder.com [a ship tracking website], but it may have also been radar silent at the time of the collision for security reasons.' Vesselfinder has nothing to do with radar. |
Then there's this :
The use of aircraft to provide intermittent, expensive and incomplete surveillance of mainly Chinese 'illegals'.
I've sent a link to Simon, though I'm sure it's already on SRT's radar (geddit?).
No use going to UKEF for support on this one, presumably, but maybe the Donald could be tapped for finance : yet another 'security' for minerals play (reverse alphabet - first Ukraine; then Greenland; now DR Congo; next week Argentina...?).
'The world is not enough'.
GLA |
Weird interview on R4 at the moment - expert hasn't even mentioned AIS - 'both ships have radar'... |
'Tracking data appears to show the Solong hit the Stena Immaculate when it was anchored'.
Bizarre. |
There was another programme yesterday about the attacks and future threats to infrastructure running under the North and Baltic Seas. They'll have to get serious about MDA sooner or later... |
An oil tanker and cargo vessel have collided in the North Sea.
Reported on BBC News. Tanker on fire apparently. |
Yes China’s tentacles are reaching into all sorts of developing country infrastructure. |
I believe that SRT bid for a contract with Peru, but it was awarded to China because China had paid for the new port. It is how China works. Perhaps better that SRT did not win the contract because China would have tried to steal everything. |
Point 1 Pretty much sums it up and I’ve been trawling through the market for years and don’t recall finding a “moat” like this. Lots of claims for one of course from all sorts of wannabes. The proof is that there aren’t any similar contracts being awarded to a competitor, not that there are any competitors. |