Full text : March 2, 2018 New Drone Standards Will Spark Economic Revolution in UK, Says BSI Chairman: Businesses and industries across the United Kingdom are waking to a new era in which drones could change the way they live and work. At an event held in the House of Lords recently, the British Standards Institution have set in place a future for the UK that realise the potential of UAVs in the air, in the sea, on land and in space. Founder and Chief Executive of the BSI Committee responsible for Drone Standards of the British Standards Institution (BSI) and Drone Major Group, Chairman Sir David Brown attended and spoke at the event, and explained how drones can benefit the UK economy. �BSI is playing a pivotal role in supporting the exciting global future for drones through its work on standards for Unmanned Aircraft Systems. Standards accelerate innovation, boost productivity and enable trade, while promoting safety and consumer protection,� he said.The event was sponsored by Field Marshal The Lord Guthrie of Craigiebank GCB, LVO, OBE, DL, and politicians including Aviation Minister Baroness Sugg, and other senior stakeholders in the drone industry, including manufacturers, users, service providers, economists, academics and media were also present.The new standards are the result of several years� work and collaboration, and will be a turning point for the UK UAV industry. Robert Garbett, in his role as Chairman of the BSI Committee on Drone Standards, stated in a speech that, �The development and adoption of the first quality and safety standards for the drone industry will make 2018 a pivotal year for an industry which is set to become a global phenomenon. �It is the year when British and world standards will be crystallised, energising the industry, and enabling it to meet its full potential to the benefit of UK plc, and indeed economies worldwide. Drones, empowered by standards that can be trusted and relied upon are the key to many of our economic, transport, security, environmental and productivity challenges of today. They will open up new avenues to innovation that we can only begin to imagine!� The drone industry is growing at a rapid rate. With nearly 4 million drone sold commercially in 2015, one report states that number is forecast to grow to 18 million by 2023. Industries as diverse as delivery, agriculture, medical, construction and marine are already developing and using drones in many capacities.�Two years ago drones were forecast to spawn a $100 billion industry by 2020. But today the opportunities are perceived to be even greater than this since such projections were based upon available data at that time which predominantly focused on the air industry, and we define the entire drone industry as covering surface, underwater, air, and space. If you look at the entire picture the figures are much larger and growing faster than anyone expected. If you then forecast
The company have no dealings with Beaufort they have two other joint brokers who seem to have a good reputation.
I thought their brokers are Sp Angel and Peterhouse ?
I like this bit :-) �It is the year when British and world standards will be crystallised, energising the industry, and enabling it to meet its full potential to the benefit of UK plc, and indeed economies worldwide. Drones, empowered by standards that can be trusted and relied upon are the key to many of our economic, transport, security, environmental and productivity challenges of today. They will open up new avenues to innovation that we can only begin to imagine!�
A very interesting news item out today,report from uk government and house of lords forecasting huge growth in the uk drone industry.Strat have already landed one government deal and it looks very likely they will be getting a fair few more. http://bit.ly/2F6UtVU March 2, 2018 New Drone Standards Will Spark Economic Revolution in UK, Says BSI Chairman: usinesses and industries across the United Kingdom are waking to a new era in which drones could change the way they live and work. At an event held in the House of Lords recently, the British Standards Institution have set in place a future for the UK that realise the potential of UAVs in the air, in the sea, on land and in space. The new standards are the result of several years� work and collaboration, and will be a turning point for the UK UAV industry. Robert Garbett, in his role as Chairman of the BSI Committee on Drone Standards, stated in a speech that, �The development and adoption of the first quality and safety standards for the drone industry will make 2018 a pivotal year for an industry which is set to become a global phenomenon. �Two years ago drones were forecast to spawn a $100 billion industry by 2020. But today the opportunities are perceived to be even greater than this since such projections were based upon available data at that time which predominantly focused on the air industry, and we define the entire drone industry as covering surface, underwater, air, and space. If you look at the entire picture the figures are much larger and growing faster than anyone expected. If you then forecast the impact of integrating drone technologies across these environments, the figures will take on an ever more exciting dimension,� Garbett said.
There are bound to be some late reported trades later from around this time
Ha Ha its clearly a sign the gremlins are on my side,ok I will gladly oblige :-)))
LOL that was weird I was on the VLS bb and somehow it posted here,only thing I can think is the page had not loaded fully before I posted.Anyways apologies for the techy :-(
Mmm don't know what happened there,i was posting on the Velocys bb and it dropped here,bizarre !
In my opinion Mr Abramovich has put himself into the box seat here for a pending takeover,it seems he used the recent placing to move things around abit within his investment vehicles but will emerge with a higher stake in the company.As I said before I wonder why he would be interested in a future multi-billion pound company trading at barely above its cash levels lol Its game on here IMVHO because they are very close to releasing that update on Oklahoma and the RIN,s :-)
They trying to shake a few more out that's all ! they mugged a load of folks last week below 4.3p and within a few days it was sitting on a 6.75p bid orbeit briefly.
Expect the mm,s to shake a few more out before they let it go,last week they shook quite a few out on the drop to 4p I wonder if they have the cahonies to try it again lol
A big announcement coming guys,remember the offer is 12.7p it may even go higher IMVHO
Just had a quote for 3m @ 6.75p - something major going on here
It looks like the loan book starting to get called in guys,expect a big announcement shortly :-)
Look at all those disclosure RNS ! this merger is happening for sure and I think we are extremely close now to a final deal being announced.It could even be announced later today IMVHO and may even be above the indicated 12.7p per stellar share equiv.Newfield are very very keen to wrap this up now.
If Newfield wanted to pick up Stellars assets for next to nothing all they would have to do is pull out of the merger deal and wait for the company to dilute out of existence to pay off the loan due at 24% interest..But of course that would only happen if Newfield were bad guys and it would put them in a bad light in terms of future licences on the assets.
I doubt Newfield will seek an AIM listing,its the wild west !!! they are listed on a well ordered and regulated exchange in the form of the ASX where market abuse is much harder to perform.If they want to dual list on another exchange they might consider Canada which is also well regulated and attracts large investment into mining sector.
Nice tick up before close on Friday,i think this should move up abit closer to the indicated offer price in the next few sessions.An announcement that Final Terms have been agreed could land anytime here,the new company will be fully funded to production so it is very possible that the new enlarged Newfield could bounce back into the $40c -$50c levels where it was recently making our Stellar shares post deal worth around 20p per share. That is why this is one of just a few shares I am prepared to average up on :-) these will be worth holding onto IMO
Today could be the last day to get in before the merger,we could easily find an early Rns on Monday stating final terms agreed and trading halted.Remember the ex rights price equates to 10p per stellar share but I think there is a strong possibility that could double to 20p in value once the new company gets established.They will be fully funded to production lets not forget so this is a rare opportunity IMVHO