I agree 100%
we had this in the last presentation
with this from davids webinar
"we have separated these out as 2 separate projects because we have applied for government support and funding for both of these projects"
the $1.4m funding was for consumer electronics. GEN 1
then we had this from the QLD Treasury yesterday
AnteoTech are
leading the charge on developing revolutionary lithium-ion battery technology in Queensland!
The Queensland Government’s Critical Minerals and Battery Technology Fund
will support the Brisbane-based company’s development of silicon dominant anodes to supercharge battery performance.
⚡Silicon anode lithium-ion batteries showcase superior characteristics including lower cost, increased energy density, faster charging times and reduced weight.
These make the batteries the ideal choice for a wide range of applications
including electric vehicles, consumer electronics, medical devices and grid storage.
so, will support development of of silicon dominant anodes for not just consumer electronics but also electric vehicles, medical devices and grid storage.
the same grid storage that anteotech have have said they have applied for a 2nd round of funding. and this doesn't include possible funding from ARENA and NRF or other government battery support programs.
like all shareholders I would prefer Anteotech to be able to stand on it's own, but in this transition period we are going thru, government support is most welcome.
