this appears to me to be the last push towards commercialisation. the time to push the company forward aggressively is now. the next weeks and months will tell the story.
"to fund its clean energy market launch activities and associated scale up infrastructure. This will build on the first AnteoX commercial revenues in late 2023 with an electric vehicle manufacturer and will support the ten priority customer opportunities being pursued with partners for AnteoX and the ultra-high silicon anode, through evaluation and into commercial revenues and partnerships."
- We have built a body of expertise and technical data that demonstrates without a doubt the true benefits our AnteoX and the ultra-high silicon anode in the high growth battery anode market. TICK
- we have our lead group of commercial partners who each represent substantial commercial opportunities for us, in the electric vehicle, consumer electronics and battery manufacturing sectors. TICK
- With this new funding we will increase our resources and support to our customers, to accelerate their validation of our technology and move towards commercial revenues. TICK
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with the above graphic, I understand the need for commercial operations and production scale up. but what is the $3.67m really for. the funds get cleared on Friday. be interested to see if any announcement follows closely?
so we have been told from the $1.4m qld grant that we will be making our own prototype anodes and pouch cells (low volume) the plans for the expansion to 80K litres would be green lighted, with anteoX selling for around $400 per litre. we will increase our resources and support to our customers.
the dilution sucks but IMO the bigger picture is getting clearer.
GLTAH
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