I've been looking at 3DA too, and yes as you say it seems AL3 have a more crystallized commercialization milestones. Also 3DA looks very top heavy as well as heavy cashburn. My view of the recent price rise is they might be due for a CR, they have a bit left in the bank but I don't think they will leave it to last minute before raising. Their 4C should give an indication. Also they don't have their own 3D printing technology, which makes them feel like just a distributor in some sense. (I know they still produce parts). I'm keeping a close watch on them as I do like their research, also they would specialise in smaller more precise parts, I don't think they can do large scale, like TTT or AL3.
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I've been looking at 3DA too, and yes as you say it seems AL3...
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