CFOAM, page-480

They have landed some pretty significant contracts in the past with an already proven product, nothing to suggest that the new focus on commercialization won't deliver bigger and better things.

When the reports are for a $100m sales pipeline there is absolutely nothing to suggest otherwise. Let's see what the next announcement brings but my guess is an ASX announcement of the investor update received a few weeks before listing date. Being that this was sent to all IPO investors I would assume that the day one director purchase would not prevent expansion on the significant contracts highlighted.

Here's an old example of a navy contract landed for 11m US, easy to believe that the navy have their sights set for bigger things here. Take note of the icons on this one too....

Defense Production Act
Title III

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Coal-Based Carbon Foam

what's this?
Project Status: Current
Description
This Title III Project is expanding domestic production capability for Touchstone’s Coal-Based Carbon Foam (CFOAM®) products for military and commercial applications. The effort has reached a 3X production capacity level to 36,000 cubic feet annually. CFOAM® is an innovative structural material made from inexpensive coal precursors using Touchstone’s patented and proprietary manufacturing processes. The resulting material is a rigid, lightweight, structural foam with excellent mechanical properties and fire resistance. CFOAM® is unique in that its physical properties can be tailored for density, thermal conductivity, and electrical resistance. PA # 88ABW-2011-1990
Contractor Information
Touchstone Research Laboratory, Ltd
Triadelphia, WV 26059
www.trl.com
(304) 547-5800
Contract Details

• Date of Contract Award: September 27, 2007
  
  
• Total Contract Value: $11,450,755.00
  

Title III Carbon Foam Production
Click image above to begin slideshow.
Applications & Benefits
CFOAM® is easily integrated with a wide range of materials and is versatile in creating composite structures. Touchstone developed a variety of CFOAM®-based products: durable and prototype composite tooling, light-weight armor for blast and ballistic protection, insensitive munitions, thermal protection systems, radar absorbing materials,

structural composite fire panels, and electromagnetic shielding structures.

CFOAM® durable composite tools have an excellent value proposition versus Invar, steel, and aluminum tools. They provide significant weight savings versus metal tools and offer a low coefficient of thermal expansion for tight tolerance part production. CFOAM® composite tools can produce 800+ parts at 375°F and 100 psi autoclave pressure.

Touchstone developed self-heating CFOAM® composite tools for the Missile Defense Agency (MDA) , NavAir, and NASA. This break-through technology significantly reduces autoclave cycle times plus creates the potential for out-of-autoclave part production.
Activities & Accomplishments
- Designed, purchased and installed a new 8 ft x 25 ft high-pressure/high-temperature autoclave, which tripled the current production capacity to 36,000 cubic-ft annually.

- Increased CFOAM® production capacity by 30% by re-designing a large kiln furnace.

- Decreased CFOAM® material costs by 35%.

- Developed a rapid prototype composite tooling surface, which reduced fabrication time by 75% and overall tooling cost by 50%.

- Installed and commissioned a 10 x 20 ft paint booth for fabrication of CFOAM rapid prototype tools.

- Developed a CFOAM® durable composite tooling training manual to assist customers with specific details in the tool building process.

- Developed next-generation energy absorbing blast designs based upon CFOAM®.

- Built CFOAM composite tools for 15+ defense companies including all of the largest aerospace producers.