{
 "as_of": "2026-11-06",
 "cmr": "uk-cm-kg/LSE/BVC",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# BATM ADVANCED COMMUNICATIONS LD (LSE Main Market: BVC) — research page\n\nAs of 2026-11-06 · uk-cm-kg · record version 1\n\n## Identity and listing\n\nBATM ADVANCED COMMUNICATIONS LD is listed on the LSE Main Market under ticker BVC. The ISIN is IL0010849045 and the LEI is not on the record, as the ISIN is not in the GLEIF ISIN-to-LEI mapping file. The security type is Corporate, the segment is SET3, the sector is Pharmaceuticals and Biotechnology [201030], and the jurisdiction is Israel (IL). The issuer is listed and not halted.\n\n## The disclosure read\n\nThe record holds 25 filings across 23 filing days in the window 2025-11-06 to 2026-11-06. The median gap between filing days is 8.5 days. The latest filing is dated 2026-09-07, a regulatory announcement, 60 days before the record date of 2026-11-06. Exchange peers on LSE Main Market hold a median of 29.0 filings, a median cadence gap of 4 days and a median latency of 3 days. Sector peers hold a median of 42 filings, a median cadence gap of 6.0 days and a median latency of 4.0 days.\n\n## Auditor\n\nThe auditor of record is not on the record, none found. Its location is not on the record. Auditor changes are not on the record, as the market has no lifecycle type map for this register yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as the market has no lifecycle type map for this register yet. The halt flag is listed, not halted.\n\n## Orderability\n\nFor elective professional client, the signal is ACM-200 and the outcome is determinable. For eligible counterparty, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with chapter as of 2026-11-04.\n\n## Coverage\n\nThe field has not been read, so the research houses named on the issuer's investor-relations page are not on the record.\n\n## Open research\n\nThe field has not been read, so openly published research notes are not on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer has no sealed years on the record. The market's vintage is not sealed, and the market earliest sealed date is not on the record. The live record began 2026-09-11. Years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (identity.exchange)\n- https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/BVC (identity.isin)\n- https://www.londonstockexchange.com/stock/BVC/batm-advanced-communications-ld/company-page (identity.jurisdiction)\n- https://mcp.uk-cm-kg.ai/events/LSE/BVC (the disclosure lines)\n- https://marketsecurities.fca.org.uk/officiallist (the halt flag)\n- https://mcp.uk-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.uk-cm-kg.ai/record/LSE/BVC (the record)\n",
 "market": "UK",
 "node": "uk-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-11",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the UK store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "market": "UK",
    "reason": "none found",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "UK",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "UK",
    "state": "not_on_record"
   },
   "changes": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "uk-cm-kg/LSE/BVC",
  "coverage": {
   "note": "the coverage field has not been read for this issuer",
   "state": "not_read"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 892,
     "median_cadence_gap_days": 4,
     "median_filings": 29,
     "median_latency_days": 3,
     "name": "LSE Main Market"
    },
    "sector": {
     "issuers": 51,
     "median_cadence_gap_days": 6,
     "median_filings": 42,
     "median_latency_days": 4,
     "name": "Pharmaceuticals and Biotechnology [201030]"
    }
   },
   "by_type": {
    "agm_record_date": 1,
    "corporate_action": 4,
    "director_dealing": 2,
    "early_warning": 5,
    "financial_statement": 3,
    "regulatory_announcement": 10
   },
   "cadence_median_gap_days": 8.5,
   "filing_days": 23,
   "filings": 25,
   "latency_days": 60,
   "latest": [
    {
     "category": null,
     "date": "2026-09-07",
     "source": "https://www.investegate.co.uk/announcement/rns/batm-advanced-communications-ltd---bvc/new-1-0m-order-from-leading-us-broadband-provider/9757602",
     "title": "New $1.0m order from leading US Broadband Provider",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-08-24",
     "source": "https://www.investegate.co.uk/announcement/rns/batm-advanced-communications-ltd---bvc/interim-results/9735239",
     "title": "Interim Results",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-08-17",
     "source": "https://www.investegate.co.uk/announcement/rns/batm-advanced-communications-ltd---bvc/notice-of-gm-and-update-on-transaction/9723851",
     "title": "Notice of GM and Update on Transaction",
     "type": "agm_record_date"
    },
    {
     "category": null,
     "date": "2026-08-05",
     "source": "https://www.investegate.co.uk/announcement/rns/batm-advanced-communications-ltd---bvc/first-order-for-tactical-encryption-platform/9704912",
     "title": "First Order for Tactical Encryption Platform",
     "type": "regulatory_announcement"
    },
    {
     "category": null,
     "date": "2026-07-06",
     "source": "https://www.investegate.co.uk/announcement/rns/batm-advanced-communications-ltd---bvc/contract-extension-with-top-us-broadband-operator/9653045",
     "title": "Contract extension with top US broadband operator",
     "type": "regulatory_announcement"
    }
   ],
   "latest_filing_date": "2026-09-07",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/BVC",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "LSE Main Market"
   },
   "isin": {
    "read_by": "LSE instrument reference record (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/BVC",
    "state": "confirmed",
    "value": "IL0010849045"
   },
   "jurisdiction": {
    "read_by": "LSE issuer profile (exchange site) (country of incorporation)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/BVC/batm-advanced-communications-ld/company-page",
    "state": "sourced",
    "value": "Israel (IL)"
   },
   "lei": {
    "market": "UK",
    "reason": "ISIN not in the GLEIF ISIN-to-LEI mapping file",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "BATM ADVANCED COMMUNICATIONS LD"
   },
   "sector": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/BVC/batm-advanced-communications-ld/company-page",
    "state": "sourced",
    "value": "Pharmaceuticals and Biotechnology [201030]"
   },
   "security_type": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "SET3"
   },
   "ticker": {
    "read_by": "LSE price explorer (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer (price-explorer feed api.londonstockexchange.com/api/v1/components/refresh, markets=MAINMARKET, categories=EQUITY, showonlylse=true)",
    "state": "sourced",
    "value": "BVC"
   },
   "website": {
    "read_by": "LSE issuer profile (exchange site)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.londonstockexchange.com/stock/BVC/batm-advanced-communications-ld/company-page",
    "state": "sourced",
    "value": "http://www.batm.com"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "UK",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "UK",
  "node": "uk-cm-kg",
  "numbers_hash": "sha256:12ed5386b8e8be78ce9fa177ab3e88152c1e3d5a63d0346efeb1d782e7b3e763",
  "open_research": {
   "rows": [],
   "state": "not_read"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "elective professional client",
    "eligible counterparty"
   ],
   "outcomes": {
    "elective professional client": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "eligible counterparty": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.uk-cm-kg.ai/book/aio.json",
    "door": "https://mcp.uk-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/uk/product-governance-fca-prod-sourcebook/r1",
   "section": "uk.aio.v16"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.uk-cm-kg.ai/record/LSE/BVC",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://marketsecurities.fca.org.uk/officiallist",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:12ed5386b8e8be78ce9fa177ab3e88152c1e3d5a63d0346efeb1d782e7b3e763",
 "path": "/uk/LSE/BVC",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "BATM ADVANCED COMMUNICATIONS LD is listed on the LSE Main Market under ticker BVC. The ISIN is IL0010849045 and the LEI is not on the record, as the ISIN is not in the GLEIF ISIN-to-LEI mapping file. The security type is Corporate, the segment is SET3, the sector is Pharmaceuticals and Biotechnology [201030], and the jurisdiction is Israel (IL). The issuer is listed and not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 25 filings across 23 filing days in the window 2025-11-06 to 2026-11-06. The median gap between filing days is 8.5 days. The latest filing is dated 2026-09-07, a regulatory announcement, 60 days before the record date of 2026-11-06. Exchange peers on LSE Main Market hold a median of 29.0 filings, a median cadence gap of 4 days and a median latency of 3 days. Sector peers hold a median of 42 filings, a median cadence gap of 6.0 days and a median latency of 4.0 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, none found. Its location is not on the record. Auditor changes are not on the record, as the market has no lifecycle type map for this register yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as the market has no lifecycle type map for this register yet. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "For elective professional client, the signal is ACM-200 and the outcome is determinable. For eligible counterparty, the signal is ACM-200 and the outcome is determinable. The rule version is acm-68000/uk/product-governance-fca-prod-sourcebook/r1, with chapter as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The field has not been read, so the research houses named on the issuer's investor-relations page are not on the record.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The field has not been read, so openly published research notes are not on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer has no sealed years on the record. The market's vintage is not sealed, and the market earliest sealed date is not on the record. The live record began 2026-09-11. Years 2021, 2022, 2023, 2024, 2025 and 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.londonstockexchange.com/live-markets/market-data-dashboard/price-explorer"
  },
  {
   "for": "identity.isin",
   "source": "https://api.londonstockexchange.com/api/gw/lse/instruments/alldata/BVC"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://www.londonstockexchange.com/stock/BVC/batm-advanced-communications-ld/company-page"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.uk-cm-kg.ai/events/LSE/BVC"
  },
  {
   "for": "the halt flag",
   "source": "https://marketsecurities.fca.org.uk/officiallist"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.uk-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.uk-cm-kg.ai/record/LSE/BVC"
  }
 ],
 "title": "BATM ADVANCED COMMUNICATIONS LD (BVC) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}