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"We raised a lot of money to develop our technology over five years, and literally this month is the first that we've started shipping product," Mr. Okonsky said in an interview.
"First, to develop our technology because lunar exploration requires many types of technology, including communications, computers, all kinds of IT skills and the use of different kinds of materials.
"We anticipate that our operating expenses will increase substantially in the foreseeable future as we continue to hire additional employees, develop our technology and enhance our product and service offerings, expand our sales and marketing teams, make investments in our distribution channels, expand our operations and prepare to become a public reporting company," the filing added.
"We anticipate that our operating expenses will increase substantially in the foreseeable future as we continue to hire additional employees, develop our technology and enhance our product and service offerings, expand our sales and marketing teams, make investments in our distribution channels, expand our operations and prepare to become a public reporting company," said the filing.
"Aviva's investment and access to their millions of UK customers gives us confidence that we can become the leader in this market in the UK and beyond," he said, adding: "The capital investment from Aviva will be used primarily to accelerate our ambitious growth plans as well as develop our technology to enhance the proposition.
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Developing our technology and taking advantage of an opportunity if and when an opportunity arises, that is essentially the position for now on narrow body".
The fault is in the college, not in a society that has lost the will to support institutions that for years have powered our economy, developed our technology, educated our democracy, and enlivened our imagination.
"We started developing our technology three years ago.
My role entails developing our technology strategy, guiding our technology investments, technology planning, which includes technical architecture and roadmaps.
We were able to employ another four scientific staff members and begin developing our technology in earnest.
We know we will learn and grow as we continue developing our technology and making it stronger.
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