Structural Monitoring Systems: Shares soar on rollout milestone achievement
- Structural Monitoring Systems has reached important milestones in the roll-out of its metal fatigue detection system
- The company has now received the Stage two FAA Issue Paper (IP), meaning SMN is one step closer to commercial roll-out of the CVM technology
- The company will exploring relationships with major airlines worldwide while the application process finalised
- SMN’s financial position and key partnerships are currently looking healthy, despite the global impacts of COVID-19
- Structural Monitoring Systems is up a remarkable 140.4 per cent on the market today
- Then the company can now move on to stages three and four of the approvals process