Good validation of NVE's sensors, both Boeing and Airbus are using them for anti-aging inspections as well as in new construction.
clamps are installed every six to eight inches along the length the wire harness. (Bottom of page- Thanks to NVE)
Thousands of clamps per aircraft(page 3)
3 or more sensors per clamp depending upon whether it's a voltage sensor or a vibration monitor (page 42)
Looks like NVE has the major aircraft manufacturers covered with GMR sensors, the previous links were with Boeing, this next one is with Airbus. (NVE first reference at end)
Great post ppr_24hrs
Dates for the presentations:
1st document (paper) and 2nd document (powerpoint) were presented at 9th Joint FAA/DoD/NASA Aging Aircraft Conference March 6-9, 2006
Link to conference site:
The 2007 conference was April 16-19, 2007
The Airbus presentation was in Berlin September 25-29, 2006
ECNDT 2006 - Tu.4.4.4
The NVE paper is dated 2005 and was presented March 1-2, 2006 at 10th SPIE International Symposium, Nondestructive Evaluation for Health Monitoring and Diagnostics, Conference 5770
There's a huge PDF file that shows the final program (260 pages). NVE Corp appears on page 47
Wednesday-Thursday 1-2 March 2006
Proceedings of SPIE Vol. 6179
Advanced Sensor Technologies for NDE and Structural Health Monitoring II
Here's the Nondestructive Evaluation page at NASA's Jet Propulsion Lab
OK. This is a perfect example of the marketing evidence I have cited for NVEC sensors and couplers, but missing with NVEC MRAM.
Here is a commercial conference event. Here is an example of a sensor application, with the advantages of GRM educating an industry and creating market demand for smart clamps (and therefor NVEC sensors).
Again, NVEC does this right for their sensor an couplers. Activities like these produce market interest and leads, which turns into sales.
The absence of this sort of Marketing with MRAM leaves this line of business without the same groomed pipeline that their sensor and couple lines of business have.
For me, the bottom line remains the same. You can count on the sensor and coupler revenue, and the eval of NVEC value on that basis is legit. Any eval including potential MRAM IP revenue is premature.
It wasn't the potential applications of NVEC products or IP that people objected to. It was the imminence of commercial announcements and sales revenue that he stated or implied.
Sooner or later, NVEC products and IP may be introduced in any or all of the functional areas cited by any number of posters. But IMHO the question of interest for a financial board like this is "when will it produce revenue for NVEC". He was way off base there and others either said so, or asked him to post real links to back up his claims.
The exposure of NVEC sensors in the smart clamp application in a commercial trade conference is positive, in that trade shows are common marketing events that lead to commercial interest and sales leads, which lead to sales.
Does that mean that sales will spike tomorrow? No, not in my opinion. But it does show activities that will help market NVEC sensors for sales growth.
It wasn't a prediction. There were technical papers describing NVE sensors being used by Boeing going back several years. Ed's downfall was to take that info and claim that NVE is going to be bought out for $4000 a share two years ago.
Now, that's not to say that NVE will not ONE DAY be worth many billions of dollars, but not in 2004, as he "predicted"
Great find, thanks!
This stock will be testing and then passing its 52 week high in no time, with or without a deal with Freescale. If any kind of deal is announced, we're over $100/share, easy.