Member Info for Hippy316

@johnlay****

government sovereign.ai goes live

@ProfitJock

Whitespace is a private company who can do what they want with whoever they want. Being exclusively working with DH has never been mentioned.

They have been around for 10 years, why would they suddenly only work with DH??

Filled at 1.9, reversed and refilled at 1.2

Just because someone has exercised their warrants doesn't mean they are going to sell, plus if they are exercising now, there are less to go through in the future

Big hint from Andy Mac

https://www.linkedin.com/posts/anmccartney_𝗧𝗵𝗲-𝗔𝗿𝘁-𝗼𝗳-𝗦𝗶𝗹𝗲𝗻𝘁-𝗩𝗲𝗹𝗼-activity-7428069239539990528-B71E?utm_source=share&utm_medium=member_ios&rcm=ACoAAF8H2XoBTc26XCmGMLbyNhr2_gJXsy_53Yw

Andrew Webber having a catch up with Microsoft next week. The guy he's meeting was the Microsoft police contact but is now MoD contact for Microsoft

@johnlay****

in the 5 year plan it says a £60m raise in 2026, but obviously if they have contracts, and can use the atm with a higher share price then they won't need to raise as much

As referenced in the Company's recent Operational Update, the Board had progressed to the advanced stages of a Chief Executive Officer appointment process, with a further update expected in January. The Board is pleased to confirm that the process has now concluded and that agreement has been reached ahead of that anticipated timeframe.

The new Chief Executive Officer is expected to formally move into the role in early Q2, following completion of contractual arrangements and notice period obligations associated with the appointee's current position. The Company will provide a further update once these matters are finalised.

For anyone expecting an update about the CEO this month, please stop. As you can see above from the rns, the next update will be when everything is finalised

The aim is to raise £60m, but if there's contracts and increased funding from the ATM at a higher share price then they might not have to raise the £60m, it could be half that.

@RichMacintyre

The company is currently in the final stages of it's first contract, has hired a CEO ( should be another RNS about them soon ) and is currently doing a pov trial with Gloucestershire police.

Hopefully in the coming months this low drifting price should be a thing of the past

RC Fornax plc has been accepted as a Specialist Provider on Aurora Engineering Partnership's Evolve network, a significant UK defence engineering framework. This acceptance allows RC Fornax to participate in competitive sourcing events for engineering services and collaborate with other network members, maintaining access to a key route for customer engagement. The Evolve network, which has supported nearly £2 billion in contracted works since 2018, has reduced its approved suppliers and aims for approximately 25 per cent of total spend to be with small and medium-sized enterprises. This development follows RC Fornax's strategic focus on strengthening its bid and framework approach, alongside operational enhancements.

Not DDAD 😂😂 but a different engineering framework

Guessing they were put on DDAD, which it looks like DH didn't go for, and DIANA was too early for DH to apply, so nothing has changed for DH until the next RNS which should either confirm contract signed or who the CEO will be

@DonBroco

Saga is something separate. The announcement is basically just an expansion of what Whitespace did last year when they put AI on an aircraft carrier. Nothing to do with DH

And just want a quick buck, instead of waiting for the real money

@Pixels

It's been 2 weeks since the last RNS, how quickly do you honestly think they can finalise a contract with defence??

They hope to finalise it soon and give more info on the new CEO soon.

Yes the price drifting can hurt,but people seem to think everything will happen with the snap of a finger. Unfortunately most people don't have the stomach to hold a

Closer than yesterday, further away than tomorrow

I'm guessing you mean 500k as that's what the blocks were yesterday,not 5m

There's a sell order @2.9p

@Scoutt

DDAD probably won't be announced till the government actually decide what can be spent by the MoD. The spending announcement seems to be delayed till March, so who knows when they might announce anything

This individual brings deep experience leading complex, defence-aligned organisations through delivery and scale, and we very much look forward to working with him as he joins the Company and leads the next phase of execution."

From the rns