First Derivatives has announced that Red Bull Racing will be using Kx for sensor analytics, initially in wind tunnels and then during Grand Prix races. This deal will deliver revenue and has the potential to open up additional markets such as the growing vehicle analytics market. We make no changes to our forecasts, recommendation or target price ahead of interim results due out tomorrow.
06 Nov 2017
N+1 Singer - First Derivatives - Kx to be used by Red Bull Racing for sensor analytics
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N+1 Singer - First Derivatives - Kx to be used by Red Bull Racing for sensor analytics
FD Technologies PLC (FDP:LON) | 1,194 23.9 0.2% | Mkt Cap: 335.4m
- Published:
06 Nov 2017 -
Author:
N+1 Singer Team -
Pages:
3
First Derivatives has announced that Red Bull Racing will be using Kx for sensor analytics, initially in wind tunnels and then during Grand Prix races. This deal will deliver revenue and has the potential to open up additional markets such as the growing vehicle analytics market. We make no changes to our forecasts, recommendation or target price ahead of interim results due out tomorrow.