Hey @myASX TTT still expecting to sell a machine this year. From the June update.
Titomic is working collaboratively with TAUV to fast track OEM production of some soldier systems products that are currently being tested that could see potential revenue ofup to AUD$1.5M on top of the phase 3 AUD$1.5M. We have received strong interest from several defence primes to purchase TKF1000 systems for their own research onnext generation metal super alloys and various high performance coatings for ballistic protection. Titomic believes it will finalise the sale of at least 1 TKF 1000 in 2019 for USD$1.5M with the sale of another 2 TKF1000 machines currently being negotiated for finalisation in early CY 2020.
I'm surprised the share price is where it is at. The June update shows the potential for at least 3 additional deals at $1.5 million, with more significant deals in 2020.
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