Interested to see Ukraine asking for the Hawkei platform to be thrown into the mix for contributions to the Russia-Ukraine war. One of the reasons the government has cited for not yet offering it are braking issues. Australian Braking Technology (ABV) was contracted by Thales to provide a braking solution to the Hawkei platform in 2019. This was done under a licensing agreement with VEEM (VEE) - who predominantly provide maritime propulsion technology. ABV provide a number of braking capabilities to mining and commercial transport companies. I believe the Hawkei contract was around the park brake offering, called Failsafe. The brake issue cited with Hawkei seems to be around the service brake at medium/high speed and, therefore, not a reflection on ABV. However, I could be making that up and you'd want to fact check that before making an investment.

ABV has been on my watchlist for the last 12 months or so. It's been a listed entity for donkeys but has been a bit of a basket case for most of that. A change in Board/management has started to show some early signs of playing out but it's still early days. The cancellation/variation of a recent contract with Glencore has given a bit of pause, but it does seem to be more of a Glencore issue than an ABV one. It's one I'm keen to see the full year results of, to see whether the recent untick in performance can continue.