I wish RFX well, sold most of my shares a while ago.
I feel they need a larger cornerstone investor, to really kick this along.
Like a power company, or a manufacturer who has can deploy the tech at scale, or manufacture at scale.
If they can get the 4 hour storage market, be price competitive to pumped hydro, its a winner at scale.
Look at the millions put into snowy river pumped hydro project, it would have probably cost less to have deployed RFX.
The profit may not be in the batteries, but the tech. to use it to displace gas pecker plants, or buy power and store it and resell it at peck prices.
If they had the capital , like tesla, I would be deploying as many large batteries as possible, and play the energy markets.
Probably requires a power company, or super fund or saudi arabia, or a government to do it, but rfx could do it if they had the capital.
If it was me, I would partner with companies who wanted to do this.
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