On a positive note, the Samsung supply agreement is super positive from my point of view. Samsung are at the top of the tree for battery quality the other being Sanyo/Panasonic. But Novonix has to morph from a research company into a fully blown chemical manufacturing company at large scale to survive long term. Investors will have to wear a lot of dilution or debt before Novonix gets to that point. All the while established competitors will be using Novonix's own equipment to improve their own methods and quality. It looks like climbing mount Everest to me.
How will Novonix compete?, page-32
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