Ann: ASTRAZENECA SALE & SERVICE CONTRACT UP TO A$4.1M, page-53

Just found a Share cafe webinar done by Brent yesterday. Doesn't looks like its uploaded to youtube yet. Discussing the announcement and foreword outlook amongst other things well worth a watch

https://www.*********.com.au/2024/08/09/lbt-innovations-asxlbt-webinar-presentation-3/

Key takeaways
- "Installing an instrument to Novacina near term.."

- "....600 manufacturing sites globally target market in the near term"

-"This is an initial order ...train and embed over the coming 6 months"

-"Initial 5 instruments across phase 1 facilities.....Raise initial order for 5, lets get the those installed, implemented, then lets look at the embedding part"

-"Got a lot of work of work ahead of us"

-"We've also started/or will start another evaluation with two large pharmaceutical customers...top 10 biggest pharmaceutical customers by revenue...so we've got a bit of a pipeline here" ... "think the size of AZ"

-"14,000 to 15,000 facilities that could use our technology"

-"We aren't going to raise capital at the moment we have runway entering to the back end of 2025"

-"Our internal plans are to push through to cash flow positive and that's what we are really laser focused in doing

Possible newsflow catalysts I have identified

- Completion of installation of instrument to Novacina
- Found it interesting when he said "we've also started/or will start another evaluation with two large pharma customers". Not sure if slip of the tongue but this news might pop soon. What will make it market sensitive is when they are named, as this hasn't occurred yet. Only info so far is they are as large as AZ.
- Completion of installation of of 5 instruments to AZ. Possible rollout order to occur thereafter...the big one...however might take 6-12months
- No updates on Thermo Fisher yet with their APAS Pharma QC instrument installed 6 months ago. Possible left field. However they have 36 manufacturing sites globally