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No credible evidence just a gut fell that news is on the way. Whenever I see a couple of100k buys then it is usually followed by some news. I am still holding for +20p as I can see this company growing rapidly with the new team in place and the Democrats coming in to spend big.
All IMO
I have high hopes for this stock. Good financials, definitely under the radar. I'm nibbling away
New on MNO gone under the radar. Usually take a day or two for the positive news to get noticed here.
think this one will fly at some point so happy to hold in my SIPP till a buyout which IMO is what will happen.
Cloud and A.I. are the Tech future.
MNO poised to do well with their entry in USA.
That's where the Big money is...
Bobat123,
Do you know which broker?
I like the A.I. space which is the future.
Got some today.
Stumbled on this one last night during research.
Like the y-on-y growth figures and expansion in USA.
A.I. is big across the pond and investors in USA have a far better appreciation of the Tech and pay top dollar.
Will not be surprised if this is gobbled up by the bigger US Tech companies down the road.
Always a good sign but this share seems under the radar!
Big buys coming in!
£165k and £120k!
Something is up :-)
More buys then sells and we are down. Mms playing this share down. Dyor. Hla
Broker rating 20p plus. Dyor. Gla
Buys coming in today. Looking good for the week. This moves very fast.
More buys then sells. Very under valued. Hopefully good week next week. GLA
Key Financial Highlights
• Airsight revenue standalone 1 July - 30 June 2020 grew 68% (74% in constant currency)
• Total expenses decreased by 48% (47% in constant currency).
•Cash balance at 30/06/20 was £1,584,891.
Gradual buys coming in. DYOR. GLA
Maestrano Group PLC - cloud-based platform for master data management and business analytics - Signs joint distribution agreement with Netherlands-based unmanned aerial vehicle producer Acecore Technologies.
"The partnership is expected to substantially increase the distribution networks and sales volumes for both companies," Maestrano said.
Maestrano unit Nextcore designs and manufactures a lightweight UAV based light direction & ranging unit under the model name RN50, which is used by digital survey companies worldwide and is sold via a network of specialist distributors.
By Paul McGowan; paulmcgowan@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Excellent Rns. Very under valued. Buys coming in now.
Hopefully sellers have sold out. Patience is the key.
This share was given a speeding ticket few weeks ago for going up without any news and now with news this will go up even more.
Whoa 1 pi bought 30649 and now sold out for a 400 loss. DYOR.
Excellent news and peeps selling out. DYOR. GLA
Lots of recent news
Maestrano Group Plc #MNO announced the appointment of a distributor in the US and an update on its contract with Meitetsu in Japan. It announced the appointment of MODUS as its first North American distributor. Maestrano's subsidiary, Corridor Technology, has successfully completed Phase 1 and 2 of the Meitetsu paid pilot project announced on 15 January 2020. The customer has approved progression to a new Phase 3 with an increased scope and term. The requirements definition has been refined and Corridor Technology will create an additional four Machine Learning models and deploy these during Phase 3 of the project.
Maestrano Group PLC ("Maestrano" or the "Company" or the "Group")
Nextcore signs joint Distribution Agreement with Acecore Technologies
Maestrano Group PLC (AIM: MNO), the Artificial Intelligence platform for transport corridor analytics, announces the signing of a joint distribution agreement with Netherlands-based UAV producer Acecore Technologies. The partnership is expected to substantially increase the distribution networks and sales volumes for both companies.
Nextcore, a business unit of Maestrano Group PLC, designs and manufactures a lightweight UAV (drone) based LiDAR (Light Direction and Ranging) unit under the model name RN50, which is used by digital survey companies worldwide and is sold via a network of specialist distributors. The RN50's on-board inertial navigation software is closely integrated with the host drone, making the choice of vehicle critical to the quality of survey results.
Nick Smith, Vice President Sales for Maestrano, said, "Acecore have a strong reputation in the UAV industry for advanced airframes that allow for increased flight times and therefore area coverage. Similarly, our RN50 LiDAR (Light Distance and Ranging) system is highly regarded in the digital survey industry. The combination of Acecore's drone and the RN50 is a perfect match for scanning large areas."
Youri van Helden, Marketing Manager at Acecore Technologies, said, "As a result of growing demand for LiDAR systems under our drones, we got in touch with Nextcore as they have a unique value proposition that makes 3D scanning accessible for a lot more companies. Nextcore's own post processing software and transparent pricing are key elements in making this possible."
When attached to the Acecore Noa hexacopter, the RN50 will be capable of accurately and autonomously scanning over 80 hectares in a single flight. The Acecore systems can be fitted with laser-guided terrain following and 360° collision avoidance technologies, further improving the performance and ease of use of the RN50.
The two companies have been working closely together for an extended period of time in order to establish seamless integration of the two technologies and plan for the distribution of the bundled turnkey solution within their current world-wide sales networks.
Ian Buddery, Chairman of Maestrano said, "The board is pleased by the rapid growth of Nextcore's partner channel, increasing market reach and solution depth. In addition, the demand for alternative UAV systems has been growing strongly in recent months for customers who require absolute data protection and integrity. We are proud that our RN50 is made in Australia and we are partnering with the best UAV from Europe, delivering secure and trusted platforms for the global digital survey market."
About Acecore Technologies
Founded in 2013, Acecore Technologies is a leading developer and manufacturer of Unmanned Aerial Vehicles for cinema and cr
Todays Rns plus also rns few weeks ago
Maestrano Group PLC on secured a distributor agreement in North America and reported "excellent" progress at its Meitetsu pilot project.
The companies Nextcore drone-making subsidiary named San Diego-based MODUS as its first North American distributor.
"MODUS is a pioneer in military and commercial remote sensing drone technologies and a leading solution provider to the surveying, construction, forestry, environmental management and mining industries," Maestrano explained, but did not offer any financial details involved in the agreement.
Its Corridor Technology unit has completed the first two phases of the Meitetsu scheme.
The advanced artificial intelligence rail pilot project in Japan will now move the phase 3 "with an increased scope and term".
Maestrano Vice President for Sales Nick Smith said: "We are making excellent progress working with Meitetsu and the evolution of our Machine Learning platform in the Japanese rail network environment. It has been particularly pleasing to see the applicability of developments from Australia and the UK in Japan and vice versa."
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Maestrano Share News - MNO
Current Price
9.50p
0.00 0.0%
Bid Price Offer Price
9.00 10.00
High Price Low Price Open Price
0.00 0.00 0.00
Shares Traded Last Trade Market Cap (m)
0.00 01:00:00 8
Maestrano Group PLC Joint Distribution Agreement with Acecore
Intraday Maestrano Chart
Intraday Maestrano Chart
20/08/2020 7:00am
UK Regulatory (RNS & others)
TIDMMNO
RNS Number : 6517W
Maestrano Group PLC
20 August 2020
20 August 2020
Maestrano Group PLC ("Maestrano" or the "Company" or the "Group")
Nextcore signs joint Distribution Agreement with Acecore Technologies
Maestrano Group PLC (AIM: MNO), the Artificial Intelligence platform for transport corridor analytics, announces the signing of a joint distribution agreement with Netherlands-based UAV producer Acecore Technologies. The partnership is expected to substantially increase the distribution networks and sales volumes for both companies.
Nextcore, a business unit of Maestrano Group PLC, designs and manufactures a lightweight UAV (drone) based LiDAR (Light Direction and Ranging) unit under the model name RN50, which is used by digital survey companies worldwide and is sold via a network of specialist distributors. The RN50's on-board inertial navigation software is closely integrated with the host drone, making the choice of vehicle critical to the quality of survey results.
Nick Smith, Vice President Sales for Maestrano , said, "Acecore have a strong reputation in the UAV industry for advanced airframes that allow for increased flight times and therefore area coverage. Similarly, our RN50 LiDAR (Light Distance and Ranging) system is highly regarded in the digital survey industry. The combination of Acecore's drone and the RN50 is a perfect match for scanning large areas."