don't think some shareholders understand the company.
we have 3 different divisions at the moment. we have been told that revenue from our high silicon anode won't arrive until 2025.
revenue (apart from lifescience) will come from anteoX, where we have progressed with an ev1 company to testing an anteoX enhanced anode to see if it gets locked in to their design freeze for future generation batteries.
if we go back to the above graphic.
anteox production facility completed. TICK
grant funding to support CET activities 1/4 TICK
whats next?
commercial deals ev companies !!!!!!
we need the production facility commissioned which should be close. funding isn't sorted yet but having $1.4m guaranteed (non dilutionary) is a start (and another KPI for 2024 partially ticked off) and then start signing some deals.
ps. the funding was stated for
- Funding to support the delivery of AnteoTech’s Generation 1 Ultra High Silicon Anode programme
- Programme to develop a prototype and then commercially available anode ultra high silicon anode
for a pouch cell battery - suitable for the high growth consumer electronics market
electronics market right. if we have to wait 18 months for our 70% high silicon anode tech why have we already manufactured and in the process of testing a 70% silicon anode? suppose with certain areas of our 70% anode tech we are more advanced than the ann suggests.
"In a separate project, a manufacturing run has taken place to demonstrate the ability to scale-up production of AnteoTech’s Ultra High Silicon anode at this same third-party manufacturing plant. This anode is currently undergoing testing, but early indications confirm that the 70% silicon anode is easily manufactured, and again, reproducible with the expected performance characteristics."
a good day $1.4m in the kitty, part of 2024 kpi ticked off, a good day
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