We will pursue government /military contracts either directly or in association with qualified general contractors. Barriers to entry in these markets are extremely high, because contracts are often awarded on a relationship basis. Cracking these markets takes patience, resources, and specific organizational skills to comply with federal government paperwork and contracting requirements.
Based on confidential testing that the Company has performed with selected R & D partners in the past, we are optimistic that there are many needs that Ferrate can accommodate. The Company will pursue business opportunities with the U.S. Navy, the Department of Defense, the U.S. Army Corps of Engineers, and the U.S. Air Force.