Speaking to Defence Connect’s Phillip Tarrant, Takor Group managing director Amir Farhand said the firm was presently undertaking an initial public offering. Farhand confirmed that the innovation specialist was scouting for a sizable cash injection and a listing on the ASX.
"We've got a close-out period that's coming out soon,” said Farhand. “But everything's going so well … I've just been overseas just pushing it because I want to concentrate on building a great business."
"That's one of the things that we have to [achieve] because the time difference and the tyranny of distance is a big issue for us," he added, noting that it would also step up its marketing push around the firm’s Mappt mobile mapping product.
"We really want to just market the hell out of this product, both from a consumer level … but also other products, which we've got coming up over the horizon that relate to drone technology, for example,” Farhand said. “We're not building any drones, but we're building very intuitive software that does some incredible cool things with drones, and we want to integrate that."
Additionally, Farhand said the immediate goal was to get to a point where people would instantly associate the name of Takor with the concept of top-end geospatial mapping.