here's how I see the significance of this announcement
all testing to this stage have been with button batteries
today we have been told that we have a 3rd party that has "completed production of the first commercial high silicon anode containing Anteo X "
this is an anode for an ev battery. who would it be for? maybe ev1 ?
what is the significance of this?
"Significantly, anode formulation and scale up was successfully transferred to a third- party manufacturer, who completed on time delivery of the anode to the EV company. The first successful manufacturing run confirms the ability of contracted anode manufacturers to scale-up the slurry mix containing Anteo X into a larger scale manufacturing process and represents a key validation point in the development and commercial adoption of our Anteo X product."
so the step up from button batteries to car batteries for ev's was successful. and the transfer of anteox and our anode formulation to a 3rd party has been successful.
ev1 can now test our CET anode technology in it's prototype high silicon anode battery model. just another major tick and step forward
another thing of significance IMO, is the 3rd party producing the silicon anode. we had these milestones from the agm.
now that the 3rd party (quite possibly the above battery manufacturer) has successfully completed production of the 1st high silicon anode containing AnteoX, what would be holding back a commercial agreement being signed ? maybe the 3rd party could be one of the battery cell & pack suppliers below?
not the announcement that I and the market was looking for but an announcement that ticks a few boxes that needed ticking before commercial deals are able to be signed.
so, tick tock !!!!!
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