That’s true too, but it really makes you wonder what Inderes’ definition of the “near future” actually is.
After all, that MoU is made for 2 years. In Defense, two years is not some distant illusion, but rather active business here and now—especially since the French have already field-tested the equipment.
It’s pretty strange if a two-year active pipeline is just brushed aside and supposedly doesn’t affect the valuation in any way. In Germany, at least, they immediately understood what a 2-year window like this, with already tested tech, means for the company’s value.