EDE is not becoming a purely battery manufacturing company. They...

EDE is not becoming a purely battery manufacturing company. They have secured for themselves what seems like quite an advantageous deal for their IP's and a new market for their CNT. As they have been working towards and foretelling in their announcements for a while now.

"The request by Venture Aerospace for Eden to enter into this joint venture reaffirms the value of Eden’s intellectual property including its suite of patents and the considerable amount of know-how and trade secrets, and its commercialisation, developed over the past 20 years.
In addition to creating a new, potentially significant market for Eden’s carbon nanotubes, this project offers Eden a unique opportunity to participate in a cutting-edge research and development project in one of the most currently important sectors of technological research and development."