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Sanswire’s Compelling, Clouded Vision
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An Industry Proudly Comes of Age at Boston Event Business conclaves are always an excellent barometer of the state of the industry they’re focused on. And the Robotics Trends RoboBusiness Leadership Summit 2011, held last week in Boston, was no exception. Optimism reigned supreme throughout the two-day event, reflecting a view that the robotics industry was now back and stronger than ever, following months of slowed performance brought on by the recession. |
What is one to make of Sanswire Corp.? The company (OTCBB:SNSR) is a producer, in partnership with Sanswire-Tao Corp., of “patented lighter-than-air (LTA) unmanned aerial systems (UAS) with the goal of providing intelligence, surveillance, and reconnaissance (ISR) support in various applications.” Sanswire’s technical vision has much to its credit. Also, following the military successes of small unmanned ground systems and unmanned aerial vehicles in the wars in Iraq and Afghanistan, governments across the globe have become enamored with all things unmanned, including unmanned LTA platforms. But vision and a primed market do not a product make (or a company). Unsavory past business practices complicate matters further. For a relaunched Sanswire, the unmanned LTA opportunity is great. Still, after reviewing the technology, the company, and the target market, the question remains, “What is one to make of Sanswire?”
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