Dan Thoren: Yes. Kind of think about it mostly as fluid movement. So, we get involved in launch vehicles where we’re basically pumping fluid out of the tanks and into the combustion chamber. And so those are rocket engine turbo pumps is what we talk about. And then we also have thermal management systems on communication satellites. So, it’s pumping fluid around within the satellite to cool the electronics and communication equipment, so thermal management systems. And then we’ve also got a contract through NASA that is public that where we’re developing both blowers and pumps for the NASA’s future backpack. So, when the astronauts go on space walks, Barber-Nichols will have some of the environmental control types of equipment in those backpacks.
Bill Baldwin: And do you look for the trajectory of the space business to be fairly, I guess non-lumpy, I’ll say? I mean, or is it going to be, kind of a, you know probably up and down, but the long-term trend will be up? Is it going to have a lot of volatility there or is it going to be fairly predictable?
Dan Thoren: I don’t think it’ll be predictable, Bill. But it’s so small right now that we do expect that it will continue to grow. It might be a little bit lumpy depending upon what applications we get on. We are searching for those applications that have repeats potential associated with them. So, launch vehicles is one of those, satellites is another one of those. And then the backpacks, not sure how many they’re going to be making, but there’s multiples of those also. So, we tend to kind of focus on the ones that have some repeat potential associated with them because that forms more of a steady base of business than the one-offs. While the one-offs are a lot of fun from an engineering perspective, they aren’t as good from a business stability.
Bill Baldwin: I understand. Well, congratulations on the job you fellows are doing and thank you for your time today.
Dan Thoren: Thank you, Bill.
Chris Thome: Thanks, Bill.
Operator: Our next question is from John Bair with Ascend Wealth. Please proceed.
John Bair: Thank you. Good morning, Dan and Chris.
Dan Thoren: Hey, John.
Chris Thome: Good morning.
John Bair: I echo the previous callers about the great job that’s going on and the turnaround well underway. It looks like, so congrats on that. You touched on a space quite a bit, which is €“ what was one of my questions, so I can skip on. I was just wondering, is your ? Are you still involved with that?
Chris Thome: Yes. We still for the students that attend. And then in exchange for that, they come to work for us for two years. We just had a class that graduated at the end of the year and we’re recruiting for our class, which is going to start here in February and we have some good response there and we continue to €“ it’s been a nice program for us. As I mentioned, we have a €“ we’re at the highest level in Batavia direct labor than we’ve been for the last year and a half. So, we’re pleased in the way that’s going. We continually need to bring in talent as we talked about earlier on the call with welders and engineers and looking for ways to keep doing that. And as you heard Dan mention, Barber-Nichols being ranked in the top 10 on Glassdoor for small and medium sized business companies to work for just show some of the work that they’re doing, to recruit talent. So, just like everyone else, talent is a resource that we continue to go after.
