Interesting analysis/opinion...
But we think you probably don't need to read between the lines.
The company wrote in today's announcement, "titanium body armour industry expected to grow to +US$3.5bn by 2028". That's pretty significant. On the one hand, the potential market opportunity is a billion dollar market and, on the other hand, the fact that titanium is used in body armour leaves no room for option if titanium is strong enough.
What we like about AL3's 3D printing technology is they can make stronger, cheaper and lighter products, with significantly lower emissions and less waste than traditional manufacturing techniques such as forging and casting (...which is a competitive advantage in this new green world).
We also trust that Lightforce has done rigorous testing in the initial stages of stage 2 trials, or it wouldn't be interested in doing an extension on more of its products. Once the full range of detailed testing is completed and assessed in the phase two extension over the coming months, Lightforce will be focused on the commercialisation and business opportunities for the product range.
BTW, assuming this printing/testing is wrapped up by 31 March 2022 (the end date for Q3 FY22), then we're looking at just over seven months until a potentially mega-commercialisation deal.
Hopefully the company can announce a new corporate preso/ CEO letter/ investor webinar, which talks about some of the other deals and provides more timelines. What's going on with AdditiveNow? What's going on with Austal? What's going on with ASC Shipbuilding? What's going on with the 3DPC Propeller? What's going on with Thyssenkrupp and Wilhelmsen? We haven't been kept in the loop about those potential deals (and others) and remain a black box.
Hopefully the shareholder communication starts turning around from now...saying this, today's announcement is really positive and a deal could catapult the share price towards $1 in seven or so months.
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- Ann: Prototype testing of next-gen body armour expanded
Ann: Prototype testing of next-gen body armour expanded, page-7
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