$ALRT is one of the few listed UK defence technology companies focused on AI-enabled defence innovation. With exposure to this in the U.K. being very rare, it presents a unique opportunity.
Key stats:
Market cap: \~£29m
Shares outstanding: \~2.47bn
\- Whitespace Holdings is their Ai partner.
\- They have secured their first revenue-generating contract with the UK Ministry of Defence, worth \~£226k.
\- The board includes people with military and technology backgrounds. Lord Houghton being the most notable.
Overall while they are making great progress, contracts are needed. If management executes and defence spending keeps rising, today's valuation could look very different in a few years.
I will continue to DCA until the theory changes.
Not financial advice.
RND average share price = p.1.45
Current share price = p.1.08
Arigato, Real Name Data (RND)
