I like the obvious evidence of high barriers to entry, and the apparent work done by EDE to cultivate relationships with US Govt authorities. I like the certification of E/C by various Govt bodies etc.
EDE is a totally insignificant producer of CNT. More producers are entering the market and squeezing EDE tiny share even further.
One SMR (over 1600 exist) produces far more hydrogen in an hour than EDE produces in a year.
EDE gets a few small political favours in Georgia and Colorado - that is the entire extent of their connections to government. No other state or foreign DOT has shown any real interest.
Certification is nothing more than paperwork and is a certainty as long as the product isn't detrimental. No extra testing is done by state authorities to validate the results.
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