Key points on the doc from my point of view - which I must say was very encouraging overall.
1.) Print campaign progressing with 130 kg of products/tests done so far in about 2 months.
This is an important number as its for qualifying an aerospace certification and aerospace parts sell for 2-4k++ per kg so this volume could reasonably be worth (as a production capacity) up to 3m+ per year from one machine. This is an amazing result for a product that (from memory ) they are pitching at sub 2m. Also its under ‘real’ operating conditions. Not artificial ones just for a test
2.) Ongoing discussions with potential partners – hopefully to capitalise on above or provide a cash injection
3.) First to achieve this std with 1500w lasers which may allow Aurora to make faster, more powerful machines with less lasers
4.) Developing commercial printer design based on market analysis and feedback to ensure the product is attractive to both potential partners and end use customers.
5.) Print services expanding – including new machine
Overall a great update – my preference is they push hard on the services to ensure some revenue – particularly in the Aerospace field but also tie in with a partner to provide some capital and established marketing networks to expand. All IMO
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