been looking at our relationship with ev1 was 1st mentioned in...

been looking at our relationship with ev1

was 1st mentioned in the July 23 quarterly, so it's been under a year.

"Another opportunity developed from discussions with EV manufacturers, is to leverage AnteoX to decrease several of the costly input materials, thereby reducing the cost of the anode significantly. Further work is planned in conjunction with one EV manufacturer to prove this approach on a prototype scale model prior to a “Design freeze” for their next generation car battery."

we got this from the nov23 presentation



main take aways are data is critical and credilibilty is key. at this stage Anteotech was very much still experimental. in the accompanying webinar David told us that these major ev companies get hundred of concepts pitched to them with only a handful getting taken further.

what power did anteotech have with a company like mercedes, BMW, audi, Porsche with demanding conditions in the agreement ???

so we were 1 of the handful that ev1 progressed into evaluation. what has happened since.



we now (with the help of ev1)  we have

"The first successful manufacturing run confirms the ability of contracted anode manufacturers to scale-up the slurry mix containing Anteo X into a larger scale manufacturing process and represents a key validation point in the development and commercial adoption of our Anteo X product."

significant

a week later



obviously ev1 have given us access to their anode composition and anteotech have presented the cost savings AnteoX can generate thru reduction of the need for expensive carbon nanotubes.

it was the 15th of feb before the production facility was built. about 3 weeks ago that the 1st full scale production run happened

a couple of weeks ago





before the partnership with ev1

we didn't have a commercial scale anteoX enhanced anode.
we had no cost saving data
we had no production facility
we had no testing of an anteoX reaching 1000 cycles

how much hand did we hold to demand conditions with ev1?

but now things change. it appears Anteotech have reached most of the conditions ev1 would have demanded of them. I'm not saying next week (but it would be nice and fits in with the partner visits David and Manuel are doing) but within the next couple of months something solid should be announced.

also seeing we now have the data and credibility, new deals like the MTA with consumer electronics1, new deals with ev2, giga factory, ce2, nanotube company should have stronger conditions in them.

also the life science division pivot from last year to anteobind NXT (where milestones weren't meet) should be getting deals in the coming months as David said mid year 24 in the last couple of webinars.

so, the next few months IMO are going to be pivotal for anteotech. should be interesting.

FHC  "I’m foolish" "Yes. I have freely admitted that previously".