OG2 Mission 1 Update: June 20, 2014
SpaceX has begun fueling the Falcon 9 rocket in preparation for our OG2 Mission 1 launch targeted for 6:08
pm ET this evening.
Begun fueling...but weather still shaky so probably will get scrubbed.
SpaceX Falcon 9 v1.1 set for Orbcomm OG2 mission
June 20, 2014 by William Graham
Latest article with a lot of technical info about the launch
Iteris is, of course, a technology company with not much experience marketing to the public and not a lot of reason to do that type of marketing.
Basically, they go to a lot of meetings with cities listen to what they want, develop products based on need and when the time ,they offer solutions based on what they can do competitively and the latest products they have developed.
So this seems to be just another thing in their bag of tricks.They seem to have a lot of patents and a lot of new products.
But maybe their biggest asset is their relationships with various cities.
If you Google around with key words"Iteris city meeting minutes" or even add "voted to approve", you'd be surprised at the prolific results. They go back decades with some cities as a solution provider and consultant.
So their focus seems to be to leverage their existing relationships and let the cities be a free channel to the public via city web sites and CATV. No expense. No special sales force. Just another gizmo in the bag, ready for when the need arise in a routine meeting.
The recent game changer for Iteris, of course, has been the availability and cost reduction for 'big data" . This app is just one product based on that game changer.
If they get 5000 subscribers it'll be small potatoes but a fairly painless high margin cash flow I would think. Then there's the possibility for some viral or mainstream coverage and 50,000 subscribers per region.
Transportation Secretary Anthony Foxx said Tuesday that time is quickly running out for Congress to approve a new round of road and transit funding.
Foxx said the latest projections from budget analysts show that the transportation department’s Highway Trust Fund will run out of money in August, a full month before the scheduled expiration of federal transportation funding.
Foxx said the DOT’s latest analysis confirmed earlier reports that the agency will not have enough money to pay for transportation projects beyond the end of the summer.
...we're still expecting a shortfall as early as August.”
Foxx has been pushing lawmakers to approve a four-year, $302 billion transportation bill that has been suggested by President Obama before the projected bankruptcy in federal infrastructure funding occurs.
Of the 7 small caps I own Glass Door has the best reviews of this company given by employees. You may have to give Glass Door your email info to read all the reviews but, in any case, it's good if employees are on board and enthusiastic. Amazingly, they are.
Don't know much but interesting article:
Google: Inorganic Scintillators Market worth $299.2 Million by 2018
market is witnessing a significant growth and will continue to do so
The major players in the global market include, ...RMD (Dynasil
Maybe it's an inaptly named app?
If you Google bluecommute CCN Crown City News, there is a video and an interview of Iteris Sr. VP, Alan Clelland regarding the app. The app lets you put your specific route in and provides info relevant to that route to your smart phone.
Besides the CCN partnership/deal, the app is laying low right now, it seems. Iteris may try to get city web sites to integrate a link but so far I haven't seen to much retail or social media promotional activity.
But Iteris has meetings all day long with city planners and they may intend to leverage those relationships in order to get some free exposure via presenting info on CATV Community Access TV. Mr. Clelland says the app is unique in that the information can be put over CATV Community Access TV. So They are trying that angle. But it's local to around LA, at least right now. The city of Pasadena liked the idea and set Iteris up with CCN.
Pasadena has agreed to use Blue Commute traffic info screens on two Community Access Channels. Chair Beste asked if cities may link Blue Commute to their websites and
Alan Clelland said that if a city wishes to link the Blue Commute logo on its website, Iteris will upload local events or notices to Blue Commute. Stephanie Katsouleas pointed out that Blue Commute can be used to notify utility companies of construction as well.
South Bay Cities Council of Governments
Infrastructure Working Group January 15, 2014 – Meeting Notes
The first phase of the Michigan Department of Transportation intelligent snow plow project was a success.
...streamlines data gathering process
...saves time and improves data accuracy
...takes maintenance operations to the next level.
MDOT worked with Delcan Technologies and ITERIS
Iteris has a website, Bluecommute recently up and running. They have a free 30day trial. Then they charge subscription of $.99 a month for "personalized traffic information on your regular routes".
So this appears to be a competitor to Waze with whom Iteris is partnered for the GDOT NaviGator 511 system in GA.
Waze was bought by Google for$1.5B.
WAZE was getting 1.5 Million new customer a month with their free app- from what In read in the CEO's interview recently. They are making WAZE to be helpful for travelers all over the USA , in S. America and elsewhere. Waze makes no profit but the strategy is to build up users and go from there.
Seems to me, the Iteris app focuses on a few regions, drilling down into Big Data like Waze but maybe Iteris comes up with more comprehensive and actionable info in the specific areas they map.The strategy seems to be to let people try it and like it and then charge them a small amount. The app has to be better than Waze for this to work. Here is an app brought to you by people who live eat and drink and write books about traffic for the past, what? 25years??
So this may amount to nothing much at all or it could be the start of a pretty big deal. In any case when you buy ITI at near book value and you get this for free.
So the Ipems seems to be well received in the marketplace, with today's news. These investments that Iteris has made seem to be going, at long last, into ROA.(return on assets) So far they've largely been an expense. So improving ROA can be a metric that influence PPS.
In any case Bluecommute is just like the extra thing you get on the Ginsu knife info commercial when the announcer say's, '"but wait. there's more".
Wait!! Buy ITI today and you get the agronomy connection. The deal with Tinga, Clearpath Weather, etc., the new video products and the new channel partners selling Iteris solutions overseas.
Maybe the recent article is right. "The Rapid Growth Story at Iteris IS Only Just Beginning
9th Biggest gainer today on the AMEX. Nice!! Finally moving.
HERE, a Nokia business, is offering the first location cloud that delivers people the world's best maps and location experiences across more screens and operating systems unified under the HERE brand
HERE currently processes 20 billion real-time GPS probe points a month, with almost half of all the data less than 1 minute old and more than three-quarters less than 5 minutes old.
"Traffic data is the single most important telematics application," said Roger C. Lanctot, Associate Director in the Global Automotive Practice for Strategy Analytics. "Whether for fleets or consumers, traffic data is essential to determining the fastest or most efficient route and HERE's expanding relationships on the enterprise side are significant. Traffic information is core to maximizing uptime and essential for alternative fuel vehicles such as EVs."
The I-95 Corridor Coalition, working through the University of Maryland, is pleased to announce the completion of a thorough competition for procuring real-time speed and travel time data. Under this new contract, Coalition member agencies will realize up to a 50% reduction in cost over the prior contract. The competition resulted in the selection of the following three well-qualified vendors:
Member agencies may choose from these vendors to procure traffic speed and travel time data. The multiple-vendor approach creates a traffic data marketplace--allowing agencies to best meet their traffic data and information needs while still maintaining uniform data use rights, common real-time situational awareness in the corridor for incident response and traveler information, and consistent data standards to support performance measures and planning using best-practices Coalition wide.
Through this competitive process, the Coalition secured even higher quality specifications for accuracy, timeliness and granularity of the data. Additionally, the network emphasis was expanded to include freeways and principal (signalized) arterials – creating an industry-first, multi-vendor, unified operations picture that spans critical road classes. Later this year, the Coalition will seek to expand capabilities yet again with industry-first, real-time volume and origin-destination data to augment speed and travel time, so stay-tuned.
Once it broke the 50 and 200DMA it was all downhill. Could have been a lot of stop losses triggered. Could have been a technical sell off and a sort of long squeeze- forcing longs to keep their gains. I bought a bit more at $10.20. I'll wait for the selling to die down for lower volume and for some sign of a bottom. There was massive buying on May 22. That day started the rally.The stock sort of doubled topped at the last highs. It's below it's 200DMA so I'll be watching to see if it can mount a counter rally to today's sell off.
Nice move! ITI up 7.22 % today and GTT down 7.97%. You must be happy about that! Good Luck!!
12th largest Nasdaq gainer for the day today. 4x avg volume. This all fits with the big picture. The stock price seems to be trying to catch up with the company as it is after the divestitures and the recent sales wins.
However, the non committed were still willing to sell.
The 5 yr. chart shows a rounded bottom that began mid Oct 2012 and completed March, 2014. As all profit takers and weak hands sell out, you can see the dip, (or handle of the cup).
At some point there will be a technical move to close to $2.40. IMO.
This will take time, probably some new products or more sales wins. But DYSL seems to be at base camp,with it's gear packed and about to start the climb to the summit to around $8.
Nice scoop! Orbcomm confirms
We are currently targeting launch of OG2 Mission 1 on Friday, June 20 at 6:08 pm ET at launch pad SLC-40 with a back-up date of Saturday, June 21.
Thanks! I was able to see that Thomas Rice has written about it. Good info. If a stock is in the turn around mode, sooner or later people like Mr. Rice find it. It just confirms what we've all been saying. Going up, IMO!!
Could be breaking out today to $1.85. Opened at $1.64 and 74K shares traded in the first ten minutes. That's over an average days volume in ten minutes. Fantastic!! GLTA!!
OG2 Mission 1 Update: June 15, 2014
On Friday, June 13 SpaceX completed a successful static test fire on our dedicated Falcon 9 launch vehicle with our six OG2 satellites on board. We are presently encapsulated, and the satellites are in ready-to-launch condition. SpaceX is in the process of finalizing the launch schedule with the Range at the Cape, and we expect to announce a new launch date shortly.
From Iteris PR
May 5, 2014
Over the past year, we have invested significant resources building our ClearPath next-generation technology platform. ClearPath Weather is the first product series we are introducing to the market as we have strong customer relationships, talented subject matter experts, and many years of experience. The ability to empower customers with real-time, hyper-local weather is highly valuable in many adjacent markets.
We expect to enter the precision agriculture market shortly, with our ClearPath Agriculture solution.