LIVE Interview with Exiger CEO Brandon Daniels at the Pennsylvania Defense & Innovation Summit...

Yeah. So at our heart, Exiger is an advanced AI development company. But what we do with that artificial intelligence is we apply it to the supply chain and procurement areas of business, military acquisition, and contested logistics. What we do is we make sure that you first of all know your entire supply chain. Most companies are not responsible for the vast majority of their production. I mean, if you think about it, even me, I run a software company. We host our software on AWS compute. We're in the cloud. We're using multiple software vendors to help us support our software development life cycle. So even software companies that can localize most of what they do, we've got extended supply chains. So the first thing that we do is we help to x-ray a supply chain. We tell our customers whether it's a big defense company like a Lockheed or a Raytheon or a customer like Coherent, which is one of the most advanced AI chip and optical transceiver companies in the world. We tell them where all their parts, all their pieces, all their components come from. So we break down a system whether it's a Chinook or a Lululemon pair of sweatpants. We break them down into their constituent parts and we tell you where all of that's being sourced. Now, why do companies want to know that? They want to know that because depending on where those materials come from, they could have parts or components that are routing through the Strait of Hormuz right now. They could have parts and pieces that are subject to disruption because of shortages because of the LNG and crude that's being kept or held in the Middle East right now. They also are able to identify opportunities. So in many cases, for instance in our military customers, they look at their parts and they say, 'Oh, we have parts and components that are going to go on to a major weapon system and there are only two or three or four companies in the world that can make those parts. Let's say one of those companies goes out of business.'

Like last year, a company called Chicago Magnesium had all their facilities burned down. One of the largest of only three major magnesium casting companies who build parts for our major subs, for our major military equipment like tanks, for our large hull battleships. Those magnesium castings because that one company had a fire, the entire market for them reduced by 50%. Overnight, right? And so knowing that you have those dependencies and then knowing how to manufacture with alternative manufacturing, with additive manufacturing, with new capabilities across the industrial base, it allows you to have flexibility. So we help them to identify ways in which they can contract with new providers to reduce cost or to increase the resilience of the supply chain.