Ion gets 5 year contract with Brunei Shell. There really is a tooth fairy!
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Unless they can turn this into an easily configurable, scalable repeatable product that doesn't need a full development cycle for each customer it won't be enough. I imagine it probably cost them a lot to win this project and the returns will be modest if any.
Sounds like death throes
Conspicuously absent from announcement is the actual contract value. It’s nice but don’t think this will move the needle much.