Srt Marine Systems Share Discussion Threads

[lavalmy] 29/8/2016 12:29

What do they do with the fish, if they are out for a couple of weeks and have no on-board power?

[owenski] 29/8/2016 12:07

Seems a kind of obvious solution in some ways, the identifier was always going to be limited by five days worth of battery power, some of these 'small' fishing craft can be out for a couple of weeks at a time, not much point in tooling up a craft if it cant be monitored after five days. This solution wont be required on all craft as obviously it adds to the cost, but it covers a gap in the product capability. IMO

[fft] 29/8/2016 11:55

What has been released isn't an rns non. It is just a website that has then been picked up and repackaged by advfn.There is nothing on the SRT website in either news or products that I could see about this product. Maybe it is a gimmick, but... it does seem interesting coming so close behind the split with ee and the apparent need to have something more for the small vessel market.

[crazycoops] 29/8/2016 11:42

I doubt there will be a further RNS on this, it looks like they have already released it as a non-regulatory announcement - i.e. not immediately material.

[hjb1] 29/8/2016 10:51

hmmm! I'd rather news on contracts than more new toys they can't sell! just look at Aton, very poor so far!

[fft] 29/8/2016 04:29

or the original is in :



Definitely has to be an RNS on Tuesday for this. No info as to whether it will be 5W, or if it can reach 12W to work with Indian Satellites.

[billbyrne] 28/8/2016 22:35

Trident5Yes, make that Tuesday for a news release :-)

[trident5] 28/8/2016 22:13

BB - good spot. But bank holiday tomorrow.

Presumably this will be a strong selling point where vessels do not have power and governments want them installed for fishery protection.

[billbyrne] 28/8/2016 21:58

New news on a Sunday night, might see it released tomorrow morning. The worlds first solar powered class B.

[crystball] 25/8/2016 19:43

Presumably for poor sales performance? Is it simply a case of the sales being delayed. Ie will they still produce revenue from the existing stock of old class A AIS or are boat owners holding off until buying the newer model? How much leeway has been given to boat owners before being compelled to fit it?

[billbyrne] 25/8/2016 19:39

Lav

I asked Richard Hurd about our USA sales lady at the AGM, he was a bit more
diplomatic :-), he said it didn't work out.

[lavalmy] 25/8/2016 19:19

She got sacked.

[crystball] 25/8/2016 18:29

Can anyone give more information to me about what was said at the AGM to explain what had happened to the sales of class A AIS in the USA? There was a dedicated sales lady assigned to this. I wonder how she got on?

Apologies if this repeats what was said earlier in these postings.

[lavalmy] 25/8/2016 17:48

C5

Yes, I am large shareholder, but I don't have the ear of Mr Tucker. In fact, I rarely contact him at all, as I consider that his time is best spent dealing with the business. Having said that, big shareholer or small, he goes out of his way to engage or reply to questions.

A listen to eE's recent webcast about 15 or so minutes in suggests that very many countries are interested in the small vessel tracking capability made possible by a low-cost producer of transponders. SRT are on the slide, but don't get a name check. So my conclusion is that ABSEA is currently the only game in town and that eE will continue with their arrangements for that. The RNS clearly stated that SRT would continue to get their percentage of the gross (NB) that eE derives from the ABSEA data.

[crystball] 25/8/2016 17:34

Wise words LaValmy.

[countryman5] 25/8/2016 16:52

Lav. You are a large shareholder and one must assume that you have the ear of ST and so it must be 'wild speculation.........

[lavalmy] 25/8/2016 16:17

SRT haven't got anything in the small vessel market without eE. eE are completely tied to Iridium, who compete directly with Inmarsat, so absolutely nothing doing there.

This whole revised deal with eE gives SRT more flexibility about what they can do with other satellite owners and with the data generated via ABSEA. I think it is wild speculation to imagine that there is another, non-ABSEA related, method that SRT have devised to detect Class B transmissions. This is why the mutually exclusive relationship carries on for ABSEA. It is also mad to assume that SRT would abandon access to the new Iridium constellation (due to start launching soon) which has dedicated AIS payloads in favour of nothing at all.

Far too much has been read into a simple change of the arrangements with eE which allows SRT more flexibility to collaborate with their clients and/or other satellite owners and to tailor the service level to what those clients actually need.

[2vdm] 25/8/2016 15:54

....or take them over?

[the prophet] 25/8/2016 14:58

Immarsat is possible, but my understanding is its too expensive and they haven't got anything for the small vessel market.....unless they partner with someone like SRT?

[9degrees] 24/8/2016 15:49

Any working with Inmarsat possible?

[lavalmy] 23/8/2016 17:34

C5

High powered, at 12 watts, even more than Class A.

Incidentally, Mabson of eE was saying that they had been trialling small chips emitting at 12 milliwatts developed by their Australian investee company and that they could pick it up. Not on the AIS channels, but there are heaps of others in the maritime frequencies (60 or so from memory). I still don't know what that gives you. I think Diesel pointed out a while ago, that if you know that your container is on such-and-such a ship, it is fairly pointless to track the container when you can track the ship.

Mind you, I think a lot of things are fairly pointless, but many companies make vast sums from them.

[countryman5] 23/8/2016 17:13

'I think they will be partners with eE for years, but that they want flexibility in the arrangement, both working with other satellite owners, particularly governments, and adding value to the data downstream.'
LAV I believe that you are correct. SRT has now developed another string to its bow which allows for the likes of Indian satelites to view low powered AIS signals coming from SRT kit

[lavalmy] 23/8/2016 16:43

ftt/TP

The website may not acknowledge ABSEA but focuses on eE's brand, exacTrax, which is powered by ABSEA. It is doubtful whether they would have had the resources to come up with something completley different and still had to cut'n'paste from the ABSEA white paper.

eE's recent webcast at a Canaccord growth event reiterated the point that many of the small vessel projects are in progress. Those are, in the main, the projects that we have been discussing for years here. They haven't gone away, nor has a new techonlogy sprung out of nowhere that makes ABSEA redundant. Nor has anyone launched a rival AIS real time constellation.

Look at the AGM presentation, page 8, Q2 last year

'Major trial of MDM system and ABSEA capability in S. America', i.e. Ecuador. They will have only recently finished trialling that, so the idea SRT has something else developed, ready to go, is fanciful. Look at how long it took them to get ABSEA anywhere near effective. Look too at how long it has been since Tucker has been saying that the first ABSEA revenues would be coming, two years at a guess, the other thread has Bakky fretting heaps about that.

I think they will be partners with eE for years, but that they want flexibility in the arrangement, both working with other satellite owners, particularly governments, and adding value to the data downstream.

Possibly, eE's focus has shifted to this silly internet of things and they too have imagined a future where the satellite revenues from SRT's installed Class B base will fund such an adventure.

[the prophet] 23/8/2016 16:13

fft

I feel our chances of recurring revenue are even better now, but, as you say, probably not from an ABSEA direction.
SRT are in control and it all looks good to me. The news release talks of a better and more flexible service that SRT will be able to offer their customers, sounds like a win/win, least for SRT and their customers, but perhaps not for EE.

[fft] 23/8/2016 15:56

Until the situation is clarified, it would appear that hopes of recurring revenue from ABSEA are over. As pointed out above, Ee's website doesn't even acknowledge ABSEA exists any more, so EE aren't trying to sell it and the chances of SRT getting EE to amend a contract to make it more palatable to the end user (i.e. no sell on of info) could be close to zero so SRT wont try to sell it either.

I wonder what went on in the background to get to this situation ? Doesn't seem amicable.