I dont think the raising of capital is much of an issue moving forward.
As Dr Burns stated, the BIF grants are minimum of USD $100 million dollars. If they are successful in securing this grant, that will greatly assist with the build out into 2025. Possible Defence Production Act as well could come into play and then followed up with US DOE Loan Program.
Interesting comments about EV Cell Manufacturers or Auto OEM'S helping finance and securing supply too. The next 30,000TPA could very well be JV'd to Samsung SDI or Volkswagen etc.
Then there is the other business branches with BTS and Cathode to continue to scale up. Much work to do. Lets hope the BIF grants are good to go and Novonix snags a good chunk above the minimum threshold!!!
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