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ASX/Media release
Phase imaging company, Iatia (ASX:IAT) announced today that it has successfully completed the fifth milestone under its Capability and Technology Demonstrator (CTD) contract with the Defence Science and Technology Organisation (DSTO).
Iatia's Chief Scientific Officer, Dr Brendan Allman will be presenting a paper on Iatia's CTD progress and results at the Land Warfare Conference 2006 being held in Brisbane during 24th to 27th October. This paper will be made available in a later release. Iatia will also have a booth at the accompanying trade show.
Iatia will receive a $135,000 progress payment for the completion of Milestone 5 under the $2,700,000 CTD contract.