How do you know that your ground-breaking new technology is going to be a major force moving forward? When the first of the big players tries to copy it.
Chasmtek is a startup around the size of EDE. It has 34 employees trying to commercialise another academic research project. It has raised a mere USD33M since 2015 and has a pilot plant producing 50 tonnes pa.
https://pitchbook.com/profiles/company/167465-98#funding
I would give it the same change of success as EDE - close to zero.
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