Good Morning Everyone How you doing Stoney - what you make of that fella Bury? Michael James Burry Small Potato here, watching from sideline due to lack of funds now and Market issues per below. Will watch you all navigate pickup some knowledge.
I DID IT!!!!! https://www.leonardo.us/advanced-targeting-systems Leonardo DRS went public through a merger with publicly traded RADA Electronic Industries, Ltd. that closed in November 2022 at which point Leonardo DRS began trading on the NASDAQ and TASE under the ticker symbol “DRS”.
Shares of Sharps Technology (NASDAQ:STSS) surged on Thursday after the company said it signed a 5-year, $200 million syringe sales agreement with Nephron Pharmaceuticals. STSS+33.4%at $0.61 in early open market trading. The agreement would complement the company’s asset purchase agreementto acquire the InjectEZ specialty syringe manufacturing assets in West Columbia, South Carolina. Product delivery is scheduled to begin late in the second quarter of 2025, with projected revenue totaling approximately $37 million for the first 12 months of sales.
Company Profile Leonardo DRS, Inc., together with its subsidiaries, provides defense electronic products and systems, and military support services. It operates through Advanced Sensing and Computing (ASC) segment, and Integrated Mission Systems (IMS) segments. The ASC segment designs, develops, and manufacture sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision making and execution; and offers sensing capabilities span applications, such as missions requiring advanced detection, precision targeting and surveillance sensing, long range electro-optic/infrared, signals intelligence, and other intelligence systems including electronic warfare, ground vehicle sensing, active electronically scanned array tactical radars, dismounted soldier, and space sensing. This segment also provides network computing, which are utilized across a range of mission applications including platform computing on ground and shipboard for advanced battle management, combat systems, radar, command and control, tactical networks, tactical computing, and communications. The IMS segment designs, develops, manufacture, and integrates power conversion, control, and distribution systems, ship propulsion systems, motors and variable frequency drives, force protection systems, transportation, and logistics systems for the U.S. and allied defense customers. This segment also offers electrical propulsion systems, which includes power conversion, control, distribution, and propulsion systems, as well as power dense permanent magnet motors, energy storage systems and associated efficient, rugged, and compact power conversion, electrical actuation systems, as well as cooling technologies; and motor controllers, instrumentation and control equipment, electrical actuation systems, and thermal management systems. The company was incorporated in 1968 and is based in Arlington, Virginia. Leonardo DRS, Inc. operates as a subsidiary of Leonardo S.p.A.
Seems like he got lucky once and then blew himself up. Michael Burry, of ‘Big Short’ fame, just bet $1.6 billion on a stock market crash Updated 3:11 PM EDT, Wed August 16, 2023 This was a $800M+ bet against the market in Aug of 23'; pretty sure we are up from there lol.