while we have no control over when and if we'll be incorporated...

while we have no control over when and if we'll be incorporated in the next design freeze

we do have control over the events leading up to it

when we are tying up our small team of scientists with these companies, we still have all the other overheads that need to be paid.

if companies want to work with us, we need clear contracts up front

ADO: if we achieve a 40% increase in energy retention, reduce cost by over $500usd and increase the cycle life by 26%, what would that be worth to you?

EV1: if you can achieve that, then you can name your price

ADO: the deal is $1m upfront and on completion of the milestone a payment of $5m. We can then enter into a supply contract or you can walk away