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Assuming $15M break even and 50% markup per shot:
# of Machines Shots/Day (3 mins per shot) Days Months Years #of parts/yr
1 380 2308.40 76.95 6.41 138,700.00
2 760 1154.20 38.47 3.21 277,400.00
3 1140 769.47 25.65 2.14 416,100.00
4 1520 577.10 19.24 1.60 554,800.00
5 1900 461.68 15.39 1.28 693,500.00
6 2280 384.73 12.82 1.07 832,200.00
7 2660 329.77 10.99 0.92 970,900.00
8 3040 288.55 9.62 0.80 1,109,600.00
9 3420 256.49 8.55 0.71 1,248,300.00
10 3800 230.84 7.69 0.64 1,387,000.00
11 4180 209.85 7.00 0.58 1,525,700.00
12 4560 192.37 6.41 0.53 1,664,400.00
13 4940 177.57 5.92 0.49 1,803,100.00
14 5320 164.89 5.50 0.46 1,941,800.00
15 5700 153.89 5.13 0.43 2,080,500.00
16 6080 144.28 4.81 0.40 2,219,200.00
17 6460 135.79 4.53 0.38 2,357,900.00
18 6840 128.24 4.27 0.36 2,496,600.00
19 7220 121.49 4.05 0.34 2,635,300.00
20 7600 115.42 3.85 0.32 2,774,000.00
21 7980 109.92 3.66 0.31 2,912,700.00
22 8360 104.93 3.50 0.29 3,051,400.00
23 8740 100.37 3.35 0.28 3,190,100.00
24 9120 96.18 3.21 0.27 3,328,800.00
25 9500 92.34 3.08 0.26 3,467,500.00
26 9880 88.78 2.96 0.25 3,606,200.00
27 10260 85.50 2.85 0.24 3,744,900.00
28 10640 82.44 2.75 0.23 3,883,600.00
29 11020 79.60 2.65 0.22 4,022,300.00
30 11400 76.95 2.57 0.21 4,161,000.00
31 11780 74.46 2.48 0.21 4,299,700.00
32 12160 72.14 2.40 0.20 4,438,400.00
33 12540 69.95 2.33 0.19 4,577,100.00
34 12920 67.89 2.26 0.19 4,715,800.00
35 13300 65.95 2.20 0.18 4,854,500.00
36 13680 64.12 2.14 0.18 4,993,200.00
37 14060 62.39 2.08 0.17 5,131,900.00
38 14440 60.75 2.03 0.17 5,270,600.00
39 14820 59.19 1.97 0.16 5,409,300.00
40 15200 57.71 1.92 0.16 5,548,000.00
41 15580 56.30 1.88 0.16 5,686,700.00
42 15960 54.96 1.83 0.15 5,825,400.00
43 16340 53.68 1.79 0.15 5,964,100.00
44 16720 52.46 1.75 0.15 6,102,800.00
45 17100 51.30 1.71 0.14 6,241,500.00
46 17480 50.18 1.67 0.14 6,380,200.00
47 17860 49.11 1.64 0.14 6,518,900.00
48 18240 48.09 1.60 0.13 6,657,600.00
49 18620 47.11 1.57 0.13 6,796,300.00
50 19000 46.17 1.54 0.13 6,935,000.00
RSM can fit how many machines in their current space?? 3-4? They're going to need at least 8 machines in operation to make ~1M parts/year. Unless they can cut processing down to 2.5 minutes, then they only need 6 machines.
This again, is just to break even....
Doing some quick numbers...let me know if this makes sense.
Let's just say $20M is break even (may be $12-15M but let's just see..).
I'm excluding salaries here since this may be negligible in my quick math.
1. $20M @ $11.40/shot = 1,754,386 shots (now this assumes no markup, which we will need to figure this in to make more sense below).
2. There are 1140 mins/day and at 3 mins to produce a part (roughly) that means 1 machine can produce 380 parts per day.
3. 1,754,386 shots / 380 shots/day = 4,617 days/154 months/12.8 years
Now...increase the number of machines assuming all the above:
# of Machines Shots/Day (3 mins per shot) Days Months Years
1 380 4616.81 153.89 12.82
2 760 2308.40 76.95 6.41
3 1140 1538.94 51.30 4.28
4 1520 1154.20 38.47 3.21
5 1900 923.36 30.78 2.57
6 2280 769.47 25.65 2.14
7 2660 659.54 21.98 1.83
8 3040 577.10 19.24 1.60
9 3420 512.98 17.10 1.43
10 3800 461.68 15.39 1.28
11 4180 419.71 13.99 1.17
12 4560 384.73 12.82 1.07
13 4940 355.14 11.84 0.99
14 5320 329.77 10.99 0.92
15 5700 307.79 10.26 0.86
16 6080 288.55 9.62 0.80
17 6460 271.58 9.05 0.75
18 6840 256.49 8.55 0.71
19 7220 242.99 8.10 0.68
20 7600 230.84 7.69 0.64
21 7980 219.85 7.33 0.61
22 8360 209.85 7.00 0.58
23 8740 200.73 6.69 0.56
24 9120 192.37 6.41 0.53
25 9500 184.67 6.16 0.51
26 9880 177.57 5.92 0.49
27 10260 170.99 5.70 0.48
28 10640 164.89 5.50 0.46
29 11020 159.20 5.31 0.44
30 11400 153.89 5.13 0.43
31 11780 148.93 4.96 0.41
32 12160 144.28 4.81 0.40
33 12540 139.90 4.66 0.39
34 12920 135.79 4.53 0.38
35 13300 131.91 4.40 0.37
36 13680 128.24 4.27 0.36
37 14060 124.78 4.16 0.35
38 14440 121.49 4.05 0.34
39 14820 118.38 3.95 0.33
40 15200 115.42 3.85 0.32
41 15580 112.61 3.75 0.31
42 15960 109.92 3.66 0.31
43 16340 107.37 3.58 0.30
44 16720 104.93 3.50 0.29
45 17100 102.60 3.42 0.29
46 17480 100.37 3.35 0.28
47 17860 98.23 3.27 0.27
48 18240 96.18 3.21 0.27
49 18620 94.22 3.14 0.26
50 19000 92.34 3.08 0.26
That's a lot of machines!
Just for giggles, you would need 1,479 Engel machines to produce 200M parts in a year!
Gotcha....just wondering why it wasn't for more than 1 year.
Only a year this time.....how many times are they going to kick this can?
"Item 1.01. Entry Into a Material Definitive Agreement.
On June 17, 2015, Liquidmetal Technologies, Inc. (the “Company”) and Apple Inc. (“Apple”) entered into a third amendment (the “Third Amendment”) to the Master Transaction Agreement that was originally entered into on August 5, 2010 and amended on June 15, 2012 and May 17, 2014 (the “MTA”). Under the MTA and its first two amendments in 2012 and 2014, the Company was obligated to contribute to Crucible Intellectual Property, LLC, a special purpose subsidiary of the Company, all intellectual property acquired or developed by the Company from August 5, 2010 through February 5, 2015, and all intellectual property held by Crucible Intellectual Property, LLC was exclusively licensed on a perpetual basis to Apple for the field of use of consumer electronic products under the MTA. Under the Third Amendment, the parties agreed to extend the February 5, 2015 date to February 5, 2016. The Third Amendment has an effective date of February 26, 2015."
Hopefully yours wasn't also affected....
"We are re-finishing your knife. This first production run was a bit tricky, and we want to assure that every knife is perfect. We're waiting for parts back from Liquidmetal Technologies that needed re-finishing. Yesterday (Friday), Liquidmetal Technologies confirmed that the parts will be ready on June 29th. So, that means we can start shipping out the affected orders later that week after we sharpen, hand-finish and assemble. We will ship out in the order received."
Juli said she's been really swamped with new orders....
Blow molding ( BrE moulding ) is a manufacturing process by which hollow plastic parts are formed. In general, there are three main types of blow molding: extrusion blow molding, injection blow molding, and injection stretch blow molding. The blow molding process begins with melting down the plastic and forming it into a parison or in the case of injection and injection stretch blow moulding (ISB) a preform. The parison is a tube-like piece of plastic with a hole in one end through which compressed air can pass.
The parison is then clamped into a mold and air is blown into it. The air pressure then pushes the plastic out to match the mold. Once the plastic has cooled and hardened the mold opens up and the part is ejected.
Injection blow molding[edit]
The process of injection blow molding (IBM) is used for the production of hollow glass and plastic objects in large quantities. In the IBM process, the polymer is injection molded onto a core pin; then the core pin is rotated to a blow molding station to be inflated and cooled. This is the least-used of the three blow molding processes, and is typically used to make small medical and single serve bottles. The process is divided into three steps: injection, blowing and ejection.
The injection blow molding machine is based on an extruder barrel and screw assembly which melts the polymer. The molten polymer is fed into a hot runner manifold where it is injected through nozzles into a heated cavity and core pin. The cavity mold forms the external shape and is clamped around a core rod which forms the internal shape of the preform. The preform consists of a fully formed bottle/jar neck with a thick tube of polymer attached, which will form the body. similar in appearance to a test tube with a threaded neck.
The preform mold opens and the core rod is rotated and clamped into the hollow, chilled blow mold. The end of the core rod opens and allows compressed air into the preform, which inflates it to the finished article shape.
After a cooling period the blow mold opens and the core rod is rotated to the ejection position. The finished article is stripped off the core rod and as an option can be leak-tested prior to packing. The preform and blow mold can have many cavities, typically three to sixteen depending on the article size and the required output. There are three sets of core rods, which allow concurrent preform injection, blow molding and ejection.
Advantages: It produces an injection moulded neck for accuracy.
Disadvantages: only suits small capacity bottles as it is difficult to control the base centre during blowing. No increase in barrier strength as the material is not biaxially stretched. Handles can't be incorporated.
https://en.wikipedia.org/wiki/Blow_molding
Articles rolling in.
http://www.eppm.com/
Yep, just add a RSS feed and stay up to date daily.
RANCHO SANTA MARGARITA, Calif.--(BUSINESS WIRE)--Jun. 15, 2015-- Liquidmetal® Technologies, Inc. (OTCQB: LQMT), the world's leading developer of amorphous alloys, will be showcased over the course of the next three days in St. Valentin and Linz, Austria during an in-house exhibition sponsored by machine maker and Liquidmetal Technologies manufacturing partner ENGEL GmbH.
With several world premier and pioneering solutions scheduled for launch before an anticipated worldwide audience of up to three thousand attendees, ENGEL will be presenting the technological and market possibilities that its collaboration with Liquidmetal Technologies has opened up for plastic processors and metal goods manufacturers.
The three day symposium is held every three years in Austria.
About Liquidmetal Technologies
Liquidmetal Technologies, Inc. is the leading developer of amorphous alloys that utilize the performance advantages offered by amorphous alloy technology. Amorphous alloys are unique materials that are distinguished by their ability to retain a random structure when they solidify, in contrast to the crystalline atomic structure that forms in ordinary metals and alloys. Liquidmetal Technologies is the first company to produce amorphous alloys in commercially viable bulk form, enabling significant improvements in products across a wide array of industries. For more information, go to www.liquidmetal.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150615006397/en/
Source: Liquidmetal Technologies, Inc.
Liquidmetal Technologies, Inc.
Otis Buchanan
Media Relations
1-949-635-2120
otis.buchanan@liquidmetal.com
I think he's talking about Dermot Stratton. I believe he used to work with the LQMT guys a while back, moved to work with Amazon, but is now back at Apple.
According to LinkedIn, "Materials Engineer with extensive experience in metal production. Current focus is on exploration of emerging metals technologies for use in consumer electronics applications."
Pittsburg is four hours away from York, PA. This is definitely much closer than Cupertino.
http://appleinsider.com/articles/15/06/11/apple-leases-26k-square-foot-space-in-pittsburg-for-unknown-project
Liquidmetal is not for Phillips-Medisize....yet. At least they have an eye on them.
http://www.themoldingblog.com/2015/06/11/wireless-medical-devices-drive-growth-at-phillips-medisize/
The company has kept an eye on the Liquidmetal amorphous metals technology, but so far it’s not a fit. “Liquidmetal is an interesting technology that we have followed for many years, and will continue to follow, but the opportunity and fit for our customers’ products has not yet emerged.”
We are out of the "midst"!!!!
http://ir.liquidmetal.com/mobile.view?c=130649&v=203&d=1&id=2057800
Good news for Liquidmetal process.
http://www.themoldingblog.com/2015/06/03/new-engineering-standards-lightweighting-point-to-mim-cfrp/
Liquidmetal V3.0 Design Guide Available
http://info.liquidmetal.com/blog/liquidmetal-design-guide-3.0
Engel Symposium is going to be BIG for LQMT. They really need to demo automotive parts as well.
I'm sure LQMT could even make the below part even cheaper with less post processing...
http://www.themoldingblog.com/2015/06/01/new-auto-designs-propel-molded-metal/
Are we running a little late on the Apple MTA extension?
Btw....have to go to NY for work...so no more blade show!!! :(
Julie is not telling me if Richard is going to Linz...Will someone please give her a ring?
Are we running a little late on the Apple MTA extension?
Btw....have to go to NY for work...so no more blade show!!! :(
Julie is not telling me if Richard is going to Linz...Will someone please give her a ring?
Go Pack.
Miltner Adams confirmed to me Paul Hauck and Sean O'Keefe will be attending the Blade Show at their booth.
I'll ask Paul at the Blade Show.
I'm attending the Blade Show in Atlanta. I'll report back what I can gather.
Maybe I can even pick up my knife in person ;)
Heard something about it being sold in all Bass Pro Shops and Dick Sporting Goods.....
Julie should have more information on this.
Beat me to it....finally updated their website!!! This is the beginning of a new era.
http://ir.liquidmetal.com/mobile.view?c=130649&v=201&d=3&id=10229508&idParam=RV^
"At the Annual Meeting, the Company’s stockholders (i) elected six directors to the Company’s board of directors, (ii) failed to adopt the Company’s 2015 Equity Incentive Plan, (iii) failed to grant advisory approval of the compensation of the Company’s named executive officers, and (iv) ratified the appointment of SingerLewak LLP as the Company’s independent registered public accounting firm for fiscal year 2015"
What part do you think is the disposable part? The finger grips, graspers/tips, or rod?
Anyone have a watch I can borrow? Need a sample the size of a pencil eraser.
https://www.ifixit.com/Teardown/Apple+Watch+Teardown/40655
"As we work our way to the S1 SiP, we encounter the tiniest Tri-wing screws we've ever seen."
Wonder if you can make these screws by normal MIM processing....
Was today....surprised we haven't had a summary yet.
Not I......
Looks like these 3 may not be there? Did Paul take the picture...?
https://www.facebook.com/liquidmetaltechnologies
Who's on the left?
I would have opted for business casual...
True.....but melting point and time to final part = $$$$$.
We all already knew this.
Look at my last post.
If Tom said these shares are for Hauck and Glenton, would this change your vote?
New Liquidmetal Case Study - Sporting Arms
Need to see more written about cars, planes, and medical devices....
In the ever-changing sporting arms market, innovations in manufacturing are paramount to the profitability and value of a firearm. Striving for lower weight, enhanced consistency, better durability, and improved customization are staples in the market. This case study dives into how Liquidmetal alloys offer sporting arms manufacturers the opportunity to no longer have to make trade-offs for one quality over another.
Now you can have lower weight in combination with improved strength.
Now you can have authentic, custom hand engravings, without the cost and man-hours of engraving each individual firearm.
Now you can have improved dimensional consistency for lower cost components.
http://info.liquidmetal.com/case-study-sporting-arms/