First commercial sale of Anteo X battery technology, that is reasonably significant. The amount may be inconsequential but the fact they are charging for use of the technology and that it is a major EV company testing Anteo X for a new battery in their range is highly significant.
If initial testing proves Anteo X can do as stated - save money by reducing inactive and costly materials, increase cycle life, enable much higher silicon content and be intergrated into existing manufacturing processes. Then much larger orders and interest will follow, and we should all do very, very well…if it doesn’t …we all know what the outcome will be and the risk we have all taken.
Got to be in it to win it, we have seen the flop now time for the turn, place your bets.
GLTA …bring on the pilot plant…
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