ADO (ASX) why ADO is a multi multi bagger

Originally posted by captainblood ↑

deals and developments that shareholders have been told will happen shortly, (next few months)

1/ from the Aus.... biz interview on the 27th march

We're also working with some leading consumer companies that have wearables such as electric watches and earbuds. we've just signed a materials transfer agreement with a leading company in Europe, to evaluate the use of our lead product, AnteoX, in these products with a view to entering into a commercial agreement in the second half of the year.

so this is approaching 100 days. using 6 cycles a day getting to around 600 cycles.

View attachment 6283896

only another month to reach 800 cycles if thats needed. was another consumer electronics company we were dealing with at the same time

2/ SIOI "In January 2024, management met with senior representatives from the Serum Institute of India (SII) at their headquarters in India. SII are the world’s leading vaccine manufacturer and are currently using AnteoBindTM in the development of a new vaccine. The incorporation of AnteoBind into a vaccine manufacturing process, if approved by international regulatory bodies, would ensure AnteoBind would be used for the life of the vaccine which is typically more than 20-years, providing a long-term annuity-style revenue stream for AnteoTech. The discussions for an initial commercial contract are well advanced.

3/ leading IVD manufacturer has successfully leveraged newly launched anteobind NXT to develop assays.

plenty of published papers showing the performance improvement and cost reductions from using NXT

4/ ev1 "This transition process is underway between EV1 and its preferred cell manufacturer." for the prototype

5/ev2 "The outline of the development services required by EV2 to assist them to incorporate AnteoTech’s proprietary silicon anode technology has been discussed and a costed proposal will be provided shortly, to be followed by negotiations on a joint development agreement."

6/ similar to the 1st anteoX sale to ev1 last year, increased revenue from testing from the 18+ partners we are dealing with. produced from our 20k litre production facility

7/ battery separator supplier " AnteoTech management met with this Materials Supplier at The Battery Show and have agreed the in-principal terms and scope of a Materials Transfer Agreement (MTA) and the initial research to be conducted by this partner. A short validation process by the Materials Supplier is targeted for completion by September, and, upon successful outcome it is expected that a commercial agreement will be executed for this new targeted usage of Anteo X."

8/ international sales director "Further interviews have been conducted with a short list of potential candidates for the role with a final selection and job offer expected to be made in the near term, after appropriate reference checks have been made."

9/Multiple non-dilutive funding applications in clean energy

"AnteoTech has continued to progress several separate government grants related to the development and commercialisation of its clean energy products. Having passed the initial expression of interest phase, AnteoTech has provided detailed applications with this review process underway."

got one $1.4m grant already, have several more in the works

get the quarterly this month, interesting to see further progression in partnerships and product development and company growth and revenue. GLTAH......

Expand

Wow, Marketing initiatives have been put in place across the battery market , congratulations David , the secret is getting out at last, shame we didn't get much before the last 2.5c crap raize .

AnteoTech CEO and Managing Director David Radford said the company was now benefiting from the marketing initiatives that have been in put in place across the battery market and was becoming recognised as a serious player within the transition to high silicon anodes.
AnteoTech battery tech headed for EV batteries

Clean energy technology company AnteoTech has revealed that its battery anode technology is to be incorporated into prototype batteries being developed by a major electric vehicle manufacturer.
The company, which recently held discussions with battery manufacturers at the 14th international Advanced Automotive Battery Conference (AABC) in Strasbourg, France, met with the project management team from the battery division of a global electric vehicle manufacturer, dubbed ‘EV1’, which has been evaluating the use of Anteo XTM technology.
AnteoTech told investors: “EV1 has confirmed that use of Anteo XTM in their anodes both reduces their input costs and improves the performance of their proprietary anode.

“As a result of this successful validation, EV1 have advised they will now incorporate Anteo XTM into the prototyping process for their next generation batteries, to further validate Anteo XTM in the next stage of the battery development process.”
The technology covers a proprietary high silicon anode, made with unrefined silicon which offers advantages of size, weight and cost, according to the company.
AnteoTech CEO and Managing Director David Radford said the company was now benefiting from the marketing initiatives that have been in put in place across the battery market and was becoming recognised as a serious player within the transition to high silicon anodes.

Radford said: “To have a leading car manufacturer proceed to prototyping evaluation in a very short time frame, based on outstanding results generated by our technical team, is testament to the potential that Anteo X offers manufacturers seeking higher energy density from a cost effective solution.”
The battery prototyping process will be facilitated with the major cell manufacturer that currently supplies batteries to EV1.
“The cell manufacturer has already been advised by EV1, and a tripartite meeting with AnteoTech and EV1 teams will be held in Europe in the coming weeks to co-ordinate the production of battery cells incorporating Anteo X for testing by EV1.
“EV1 advises that it remains on track for their targeted design freeze by the end of the calendar year.”
AnteoTech also met with management of its second electric vehicle potential customer or ‘EV2’, who have confirmed they wish to accelerate the move to higher silicon anodes.
Follow-up face to face meetings are planned for mid-June.
“The sales funnel of opportunities for AnteoTech has been further developed as a result of meetings with three additional electric vehicle manufacturers from Europe.”
Picture: AnteoTech

https://www.aumanufacturing.com.au/anteotech-battery-tech-headed-for-ev-batteries