Nice job. Note, they disclosed in the call Q&A the $43m is expected to accrue to revenue over 1 year. Scott: “this is $43 million that we expect to earn in the next twelve months or so, off of the first five commercial satellites and the first Block 2 satellite”
Important info missing from the 2 times the figure was mentioned.
Also the prepays by the MNOs would be important to add.
Nice job. Note, they disclosed in the call Q&A the $43m is expected to accrue to revenue over 1 year. Scott: “this is $43 million that we expect to earn in the next twelve months or so, off of the first five commercial satellites and the first Block 2 satellite”
Important info missing from the 2 times the figure was mentioned.
Also the prepays by the MNOs would be important to add.
Thank you! Will add in the next article!