Okay ...so ...
AnteoX helps silicon anodes full stop - whether a company ends up using the Anteo ULTRA high silicon anode or their own silicon or high silicon anode, performance will be improved - thats a major win for Anteo as its not going to matter whether a company uses Anteo's ULTRA high silicon anode or their own high silicon anode - they will will get benefits from AnteoX - obviously when Anteo's anode is ready that will be the best available no doubt at 70% silicon
David in the the latest webinar
regarding AnteoX ... "we have had first sales to a leading international car company for incorporation into their next generation anode"
Not our anode but their anode
Read this again from the half year report - why two separate points
... the first deals with a third party's high silicon anode that is not Anteo's - the second deals with Anteo's ULTRA high silicon anode
From the December 2023 quarter 4c
- there are 2 milestones - the first dealing with a high silicon anode and the 2nd dealing with Anteotechs High silicon anode
So lets just take Sila out of the picture - who does this high silicon anode relate to that Anteotech have been talking about - I don't care if its sila or not but Anteotech are supplying AnteoX to and tweaking a third part high silicon anode ... as well as working on their own Ultra high silicon anode.
And there is a good possibility that that third party anode and AnteoX will produce that EV companies next battery, probably coz that may simply be fastest to market - .... we just don't know how far off the Anteotech Ultra High Silicon anode is
And if that is the case I'm also happy with that as we get revenues sooner from sales of AnteoX probably in the hundreds of thousands of litres - our own anode will get its day next.
Or perhaps this third party anode will fail even with AnteoX and they wait for the Anteo anode - but thats not want we want either - as we want mass sales of AnteoX in everything silicon based
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