A3R will allow MESUREX Aeronautics to lead the in-flight refuelling systems segment with our semi-automatic system in the short-mid-term and with our fully-automatic system in the mid-long term. We will be the exclusive manufacturer of A3R systems, which will let us achieve ~€ 89 million accumulated sales with expected RoI5-years, worst-case > 13, following a pessimistic scenario based upon specific demand manifested to us by main manufacturers: Boeing and Airbus (see letters of interest from executives in charge).
DEFENSYA will receive a compensation for the use of their (patent-pending) innovations and knowledge used in the system (HAPTIX, the IFR system concept, the specific HW designed to build it and the software algorithmic that empowers the platform). Following our current signed agreement, they will receive 15% royalties over total sales, which will let them generate ~€ 13.34 million accumulated revenues within first 4-years of business (RoI5-years, worst-case >13, following the pessimistic scenario described above. More importantly, this project will boost DEFENSYA growth and position them as a world leading provider of augmented-reality intelligent vision system IP cores for different verticals of interest (i.e. surveillance, drones/robotics, borders-control).
We will start providing systems to satisfy military demand (IFR is not approved yet for civilian use), where following a worst-case scenario we forecast 25% market quote in Airbus Defence & Space aircrafts by 2023). Reaching first the military market is a fundamental and most necessary step to reach the civilian avionics market:
1. This is the only market where IFR systems are approved as of today, the only context we can make real-scenario
testing and for sure will let us reach the market with a mature product and be ready for the moment IFR is
approved for commercial avionics.
2. More importantly, defence divisions of main avionics manufacturers will act as a recommendation channel to reach responsibles of the civilian market in main manufacturers with a working product.