RE: RNS13 Sep 2021 09:05
I would argue its very positive, the seeds are being sown here without a doubt and with continued growth and record for a 6month period the future looks bright.
Nice bit..
Importantly, in a landmark deal for the Company, we signed our first 'Powered by Blackbird' licensing contract for the core video technology post period. As well as being long term and the largest financial deal to date for the Company at a minimum expected value of EUR2 million, this is also of strategic importance and provides substantial evidence of the value of our IP outside of our own Blackbird product which we have been talking about for some time. This deal, signed with a global broadcasting company, also provides the Company with financial upside potential should the product rollout be successful. It has been made technically possible by the advancement of our API strategy which also opens up new routes to market for our existing business as well as new potential opportunities beyond our core strength of video editing.