"our technology attracted attention from representatives of global power companies. The delegates had not seen any product with the energy storage qualities
of 1414 Degrees’ thermal energy storage system (TESS), and were impressed at its advanced stage of development,” said Executive Chairman Dr Moriarty."
This statement really bothers me. I'm ultra suspicious whenever a salesman busts out the 'other people are saying' line ("so much spaghetti!"), especially when it says elsewhere that it has competitors that are 'better established but...'
One to keep an eye on for sure, but this combined with making excuses ('oh yeah nah that's just the early investors collecting their profits, don't even worry about it') and a few other statements... my gut says they're overselling themselves, which suggests low confidence to me.
Stable electricity storage is a needed market though, so there's plenty of potential.
Please dyor![]()
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