Hopefully not for long. Initial Liebherr MOU set to expire in coming months. Seems machine is ready just depends on "economic profitability has been achieved in operation".
"As soon as the product is ready for series production and economic profitability has been achieved in operation, a long-term Manufacturing and Commercialisation Agreement can be signed by both parties. With this transition to the second phase of the agreement, the focus shifts to serial producing the robot and preparing for market entry. The MOU continues for a period of at least two years or until the execution of a Manufacturing and Commercialisation Agreement."
Be good if FBR can focus on tech and more JV's building the order book for Liebherr to fulfil.
Ann: FBR receives R&D Tax Cash Refund of $8.7 million, page-8
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