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Yes, Integrity (left brain - right brain)
As I reread the PLA recently, it came down to integrity - hence (left brain - right brain). Exactly.
Unless there is a whale of a shareholder in LQMT, outside of Li, he simply is going to be guided by his business integrity, or his general compassion to be a USA/China firm; vice versus, China/USA firm.
Interesting take on the idea that if a CE product is mfg in China but sold in USA, how does this relate to exclusive territory when it comes to revenue from geographic execution of said revenue/sales- however,
"2.1. Patent License Grant to Eontec. Upon the terms and conditions set forth herein (including the termination provisions in Article 7 hereof) and subject to the Field of Use Restrictions, LMT hereby grants to Eontec a non-revocable, paid-up, royalty-free, perpetual license (or sublicense, as the case may be) to the LMT Licensed Patents and LMT Licensed Technical Information to make, have made, use, offer to sell, sell, export and import Eontec Licensed Products within the Eontec Field in the Eontec Exclusive Territory and Non-Exclusive Territories. Such license shall be exclusive to Eontec (including to the exclusion of LMT and its Affiliates) in the Eontec Exclusive Territory and shall be non-exclusive in the Non-Exclusive Territories. Notwithstanding the foregoing, nothing in this Agreement shall prohibit Eontec from engaging in research or development activities in the LMT Exclusive Territory. "
Eontec can mfg in China and export to USA, free and clear, the way I interpret this. It simply paid $64 million for the right to do this.
Thyssen Shipping
How does this affect LQMT?
What exactly did they ship?
And from where, to whom?
I understand Eontec and potential for existing IP (amorphous alloy before LQMT) and the door cavities for mfg in china, or even the straight use of LQMT via PLA in China - but it has no bearing on LQMT(USA).
Again, until Tesla, or other, decided to mfg(make) it in USA, it has no bearing on LQMT USA or revenue for LQMT stock.
I shouldn’t say theft
I should say legal channels of acquiring US IP through market driven mechanism to lever Chinese bank funding to support nationalistic efforts to dominate global manufacturing. Remember, Eontec gets Asia, free and clear if a product is made over there. Unless I don’t understand the PLA correctly. If GM wants to mfg a part with LQMT in China, then Eontec gets 100% of revenue, license free. Again, not theft but of what I would call intelligent designed IP capitalization/integration.
The $64 million from Li is just that. Again, integrity here is the key.
And whether Materion/Engel were price insensitive, Li punted on them and is moving back to homeland and China for same, taking the IP with him. Another market slowed(Europe and USA), and such opportunity for raw material formation back to homeland.
I think the saddest part of all thisnin way is Tim Cook and Apple, unless they are at the table now which I assume they are knowing Foxconn is building a behometh in Wisconsin, on our dime FYI.
Also, to be clear I have a ton of this stock and believe it is the future but the price decline is evident of said facts.
Integrity
Integrity
Integrity
Trade War Concessions
The premise and fear of IP theft is real - while the market structures allow such- ie: mfg exportation, China is looking to dominate next gen mfg. Remember, Eontec is funded by China bank which is issentially China government.
Again, I trust LQMT(Li) but this is the risk in the premise. It’s clear that he is being pulled in many different directions.
https://www.zerohedge.com/news/2018-12-12/giant-trade-war-concession-china-prepares-replace-made-china-2025
The PLA reflects the fear. US firms have to step up USA mfg game or else we simply will export all of our knowledge, expertise and general ability to mfg.
This is why the stock has being crushed. And why Engel and Materion bolted.
Li - a focused man, integrity is the key
That is a plausible scenario, gloomy but plausible, and I believe this is what has been driving the stock price down, not up - if you read the PLA again, the Europe/USA markets carry the most bread and butter but Li is hardly focused on European business, perhaps some USA business(since the client base he deals with is in USA).
But the main focus, with the PLA, which was a buy in to be the go to mfg in China for all things AMM, including the Apple agreement. This strategy gives LQMT USA very little revenue, if any at all, if I understand it correctly. Sure, IP sharing, technical expertise value for sure can be shared back in LF.
However, even LM106c, which would be a cross license, gives Eontec all rights to mfg with it in Asia and never give any royalty to LQMT USA, if I am looking at the agreement correctly.
Engel/Materion went away, from what I can now tell, in June, with Hauck - and that began the clarity for those in the know that Europe is a long way away now, as Engel is going to develop that, to the best of its ability, with Haraues.
And Materion was given the same pink slip - same time I'm sure. Anyone in the know saw the writing on the wall - and the trade war, talk of IP theft, etc. doesn't help.
Li's integrity is now on the table in LF - I do trust him actually, and believe his integrity will carry through. I also know he is a business man, and Asia and Eontec is his first line of business. In fact though, at some point, he will realize being in USA, doing what Eontec was/is doing in China, will need to be done here with the same clients. Scaling LF to capacity, then going East Coast perhaps, who knows.
Maybe one day Apple, or anyone with any guts, would make the investment into USA mfg - actually, Tesla did and it seemed to pay off, barely. Perhaps that's a forward looking source for LQMT revenue.
Time will tell - stock has been crushed.
LQMT USA
Needs a contract, an order, that is substantial to the exclusive territory, the USA. As simple as that. Until then, the authenticity about business model/plan will continue to be in question, imo.
LM106c is great but again, Eontec gets all juice on this in Asia. The MTA in relation is itemized in the PLA but LM106c isn't included in such.
Questions:
How does LQMT benefit from LM106c and Apple, if at all?
Can LQMT benefit from LM106c in China?
Yes, Li's investment - already a winner
This is exactly why the stock is where it is - Li already won here, along with Eontec/China. The $35 mil cash is currently what is left of such along with mfg facility to perform prototype business for "fruit company" Eontec, back in China.
For $64 million, Li bought Eontec a perpetual license, royalty free to mfg LM products in China, without every putting any more money inside the USA. Unless USA is a priority, or Europe(this is the only exclusive area, then LQMT revenue possibilities have shrunk as no one is looking for business in Europe anymore), and USA is now the VP, Sales only. The Engel and Materion relationships were this exclusive market and opportunity for headway into these channels, which are now gone - yet the China market continues to be the focus, without any revenue for LQMT USA.
When it comes to Apple, they could care less, simply - China is their Master.
The focus is Eontec, simply stated.
Cash Value
The market, imo, wants to price this to $0 because of trade war, market for LQMT USA has not scaled, the upgrades to electrical are still not finished, and the idea that Li bought LQMT(in kind like fashion) to ultimately bring the technology back to the homeland and that is where his/China bank/Eontec focus is, while the LQMT business and revenue side is of less importance; hence, the stock and employment agreements recently -either the employees did something great or Li is afraid of losing them as he still needs them to continue his plan, perhaps get some LQMT business going in USA but ultimately, based on the recent Materion/Engel relationship severing, this is indicative of a longer term horizon and shift in approach. This also has ramifications on timeline - hence cash depletion, etc. where he is scaling relationships in the tech space to bring mfg back to Eontec - specifically Apple, where LQMT gets 0, and others with the Eontec material IP which isn't subject to Apple MTA. The USA division seems to be more a IP house where some fat scraps, while good and tasty, are the only thing LQMT USA gets - yet, China/Eontec, gets the tender stuff, and keeps all the bones too.
Essentially, $67 mil for IP and China 2025 plan, with the mfg front in USA, warrants serious consideration in the way the approach may have been formulated. I hope I'm wrong, and this was always a sort of fear in background, but this is plausible.
All imo.
Thank you in advance..
When I clicked it, it brings me to a page that says I need a subscription which I don't have or plan on getting. If you could copy paste anything, that would be great - otherwise, all is well, and trust the premise that:
1. LM106c is not involved with the Apple MTA, and therefore, is available for CE market - unless Apple came to the table.
2. LM106c is a superior metal (that allows for larger part creation).
3. LM106c is a LQMT/Eontec creation; therefore, any use will be a revenue driver for licensing.
Thank you for all the information!
Highly informative - thank you
Last couple of questions/notes:
1. LM106c
- I don't have any upgraded version to search this hub message board so it has been hard to find info. Any direct links you know to it would be appreciated.
- LM106c- in general, this seems to be a larger, lower cost version?
- It is my understanding that Apple and the MTA does not cover this - and yes easy is a big word but, and unless, LM106c is superior, or more scalable (price to strength, or other), this would be leverage to get Apple to the table and where LQMT could realize license revenue?
2. Local mfg
- true, unless a reason to do so - Id imagine with Foxconn moving into to US, someone has put a couple of thoughts on paper of the future of pricing, shipping, etc.
- what is happening with China mfg, imo, is no different, or some version of USA mfg in 50s-80s whereby we wanted lower cost; however, and unseen at that time, or maybe so, at price of quality. However, the China 2025 plan is looking to achieve the opposite; quality vs price, and the quality out of china has begun to show improvement, imo.
3. $35 mil in cash
- does this provide enough runway to get to $8 mil in rev(+/-), which would show net $0.00 profit but losses would cease, and perhaps provide another avenue of financing to leverage and scale something of importance.
- "Eontec has 150 units of advanced magnesium die casting machine, more than 300 sets of precision CNC machines" - from Eontec website. The question becomes can LQMT scale this same way, will it - perhaps you have already stated that LF, or LQMT USA, will never be scaled this way but rather low volume center.
4. Military Applications
- What do you know? Or is this way to difficult to determine? I believe the PLA, if I remember correctly, excludes military applications; however, excludes it under the premise of LQMT and voter majority (ownership).
- If this application does have superior benefits for any reason I'd imagine there would be issues.
I begun investing in LQMT in 2014, and have been accumulating for this time frame on the premise of a mfg renaissance in USA, in many ways, with the technology. Obviously the Apple involvement lured me in but in discussing technology with some friends(who are way smarter on the metallurgy side than I ever will be), they did endorse the superiority of the metal/mfg process but did warn that being able to commercialize has been tough, this was in 2014-2015. I'm still here and did trade in and out at times but am waiting for the S curve to begin now - where the $0.40 range is broken to the upside, imo. Id like to get the LT capital gains too but this never seems to work out with LQMT.
Business model for LQMT
Thanks for reply - very thorough understanding of the business model. It seems the current dynamics for the stock decrease is:
1. Trade war - however, and the main advantage/thought process for LQMT, imo, and always was for LQMT to be regenerative USA mfg in metals, mass production market. For, and after LI investment, it still was/is, that he/LQMT/Eon would/will come to be a multi-country mfg; ie; a USA mfg. with a China division and vice versus.
2. The PLA was designed for LQMT with more freedoms domestically and European potential. The Engel and Materion partnerships, which now seem to have been severed, without notice, imo, were to bear such fruits. These channel markets are gone.
- to that note; however, and I wonder often, why neither of these firms made any larger investments into LQMT.
- and/or they did try but Lugee tried harder and bigger, who knows.
- it does seem both firms are racing now to try and find a market for themselves.
3. The Apple MTA has done nothing but create another Apple slanted agreement that gives Apple all the advantage. And with the original thought of LQMT being the AMM mfg for the firm as a contract mfg, this has now subsided in theory based on the fact that Apple can directly mfg with anyone, including Eontec, or other with the LQMT IP, without any revenue to LQMT. Unless of course, Apple wanted to build a USA AMM factory, and LQMT(Li) was contract mfg, or a LLC(corp) of sorts was created with Eontec/LQMT as a multipronged strategy - this would depend on what Li wanted to do, as stated. Or Eontec could take the whole thing, in ways.
- LM106c- this seems to be, as stated a JV between Eontec/LQMT, as a way to unleash the CE market where Apple would have to come back to the table to LQMT/Eontec, or Eontec, with LQMT receiving license fees. If I understand it right, without really understanding LM106c, LQMT/Eontec could easily take LM106c to any other CE firm, if I understand this correctly.
-not sure what LQMT as a mfg means to LI in many ways, this is a major question. Probably why the stock incentivization and employment agreements were handed out - essentially, many may be questioning what exactly the goal is with the technology and mfg in USA through LQMT as a company.
4. Market in general is down. No control here.
5. Confusion - always creates issues but also creates opportunity, that's where we may be.
6. Power upgrade - while it still has weekends, this should have been finalized already - in general, the market is sensing that there is not major urgency to reward here since capacity isn't urgent. If so, SCE and that permit would be in hand and lights on.
7. The final reason is - no one really knows what Li's intent with LQMT is, really.
- Did he buy it to ultimately strip it?
- Did he buy it to be a USA mfg, knowing this was/will be a part of the trade war?
- The lqmtchina.com has Eontec etc. and others as "partners" - on the USA site, Engel and Materion, have been removed, and Eontec and others are not there.
-this does create a stray from domestic USA raw material providers such as Materion being a major player in USA with LQMT - Engel, whilst in Europe, was still more central to the PLA advantages.
Thanks again for your knowledge.
- What is your position here with LQMT
--not size, or how many shares, but ultimately your vision of what LQMT has been and will become?
Eon focused
"We continue to drive ongoing projects that are progressing to domestic production, but we have increased our focus on developing EON-based projects. Our ability to develop parts in the US, and produce in China, is very attractive for customers that require very high production volumes."
https://www.liquidmetal.com/oct-ops/
1. Does this mean Eontec machines?
2. Or is this all Eontec revenue side?
Clearly, this statement, "increased our focus on developing EON-based projects" is not saying they are focused on LQMT projects. Perhaps its the costs but:
1. Is it the same quality?
2. Are they simply referring to the machines themselves?
One year later, and there still is no power upgrade - that's quite frustrating to say the least.
Agree: Engel and Materion missed out...
I always wondered why neither of them didn't make a strategic investment into the bigger picture. I think other metal firms will/should be paying attention, and probably will now, as LQMT is now light years ahead in terms of market readiness - if you notice the employment agreements, they are written with:
"I know, I know we are shifting gears, changing course, but stay, so we can get this thing moving and don't worry, on the back end, youll be paid for 3 years of your time, no matter what/when + some"..
And Li has all the leverage for sure.
Materion Enters Into License Agreement
Nice find Out The Window.
http://www.digitaljournal.com/pr/4058597
Engel gets into its own licensing agreement/partnership with Haraeus in October.
Now Materion gets into its own agreement/license with NJ based firm Eutectix.
https://eutectix.com/
Folks, something happened in June of 18 when Hauck left. The shareprice is reflecting something, not sure what. I don't want fear to override here but the evidence is mounting/emerging that the stock price is right. It is starting to make sense too on why Li gave stock away perhaps - to keep the employees while existing partnerships are hemorrhaged and he steers the ship toward China and the network. Also, right now the only production is coming on weekends cause the power upgrade, so theres that too.
I will say though that I am not sure what Materion is doing exactly - if in fact they are actually looking to increase supply, that is one thing, if they are trying to create new, competitive materials, that's another. The former would be an interesting take here.
Remember, if anything, Eontec/Li has access to all the patents, etc. - $67 million is a drop in the bucket in the end.
I am quite surprised that the power upgrade isn't finished, and actually not surprised that Li is being quiet. Li is underwater but not really because he still has 44%, almost controlling share - essentially, if needed, another $5 million invested, if LQMT got into financial trouble, and he could probably walk away with the company.
If you'd have said the stock would be at $0.12 a share in October of 2018, nobody would have believed you.
If you say the stock will be at $1.00 in October 2019, nobody will believe you.
That's the market.
Thank you - appreciate the thorough response.
Stock price - APPLE
In conclusion, and imo only, the stock price drop, not from $0.40 but the $0.25 range is the market discounting that LQMT may never realize revenue from Apple - another supplier that Apple, the great social mirage of a company, exploits with unfettered terms and conditions.
Eontec, through the LI purchase and PLA, can and most likely will - this realization came in beginning of 2018 and when Engel realized this, and Eontec and LI were most likely going to develop half the continent initially with Eontec machines, they bolted - got with Haraeus and now have a competitive product for sale - Amloy, license free nonetheless; however, I'm sure this is a limited time type of thing.
With all of that, and timeline of such, Hauck, Engel, etc. - it is more clear that the market started discounting this in hindsight.
GOING FORWARD:
The market is big - and LQMT has many opptys in other areas. And LI is pursuing such. If Apple decided to mfg in USA, then LI could have a internal, perhaps ethical/empathetic compass to get LQMT involved, imo.
Ultimately, market is huge, and stock has bottomed, imo.
Anyone - LM106c?
I have seen this thrown around - anyone have a intelligent synopsis of this?
LM 106c
Can someone explain to me what this is?
ie;
Who is creating it?
What is the main difference from LM105?
Where is there any information on this?
When is it expected to become viable market?
How does the patent information look in terms of creators?
Also, is LM105 berrylium or non-berrylium?
Doesn't the Apple MTA only include LM105 (berrylium)?
Thanks in advance
My take - PLA and CE
LQMT can have skin in the game if:
1. They develop a superior material, or version of the existing material
2. They become a direct, contract mfg in USA for Apple
Other than that, Eontec in China gets all CE business if Apple wanted to use them for mfg - this is due to both the MTA and PLA. LQMT will not get any China mfg. business w/ Apple, imo without the new material creation. Eontec can use any "other" material created, before MTA/PLA, after MTA/PLA(jointly developed with LQMT or not) outside of the CIP portfolio to mfg anything in the CE space. But in the end, Apple will come to the table if they use LQMT, this is clearly going to happen - depends on USA or China territory and how this affects LQMT,
Then it becomes if Lugee puts LQMT in mix in USA if Apple decided to open mfg in USA. Due to the nature of the MTA and PLA, Eontec can go after Apple in USA. This is, imo, the only way LQMT gets revenue from Apple, without creation of any new materials, or better versions of such.
Now, maybe we can start a harder, even more complicated session around Military Applications..
Correction Re; Licensing PatentGuy
..apologize for confusion. I meant "PLA", not "MTA" - and so from there:
The PLA states exactly my concern:
Li's Investment
1st - Li's $67m was to secure Apple with Eontec (making machines is Eontecs business, also mfg products is also), first and foremost ("fruit company")
LQMT, according to ("MTA") gets license revenue from any Eontec business in China using the material; however, Apple has exclusive, free licensing of material so there is no revenue from that.
Eontec will make machines for Apple and become their case mfg - however, LQMT has no revenue from this. In fact, Apple could tell Eontec, as a stand alone entity, to move mfg to USA, Wisconsin say, next to Foxconn - but LQMT will could be excluded, very very possible and likely.
As far as the LF mfg facility, this is to bring in other business and create a mfg facility with LM105 materials, for USA mfg and business. There is still revenue potential and growth.
Apple and Eontec can simply leave LQMT shareholders on the floor - Lugee will still benefit greatly since he is a shareholder of Eontec.
And to ensure his LQMT counterpart and employees he still 'cares' about them, he tosses them some shares and guaranteed 3yr income contracts because he likes them.
I'm a believer in LQMT, Lugee and potential; however, with the Engel relationship disrupted, and general structure of LQMT/Apple/Eontec, I have become less optimistic that LQMT will ever be intertwined with Apple.
The fact is, Apple is at beckon call to China, always has been. And will now be even more with the tariffs and Eontec holding mfg scaling potential in China.
LQMT will still get business in USA, cross-licensing with Eontec, and most likely be a spoke or two in the wheel - but Apple has systematically stolen the licensing and market for LQMT, in many ways. Lugee saw the only way in - and he jumped on it, as USA mfg's and even European firms, stood watching.
Engel saw this, bolted - created a partnership with a global material company as a way to get more control of its own destiny and bring amorphous production to its global clients; specifically, European clients.
Apple USA mfg of IPhone
Here is a "case" in point - no pun intended.
https://www.cnn.com/2018/11/28/tech/trump-tariffs-apple-iphones/index.html
The stock troubles and why LQMT has continued to decline is that they will likely never see any revenue from Apple, unfortunately.
If you look, Eontec will build machines/mfg epicenter in China using LQMT tech for all Apple CE markets - LQMT is left in the cold, since the Apple licensing is free. This is why the market has continued its decent, Hauck left, Engel moved on and Lugee is promising employees stock to stay.
Essentially, Lugee paid $68m to get Eontec the Apple contract, everything else may be table scraps.
LQMT needs $8m-$10 mil in revenue to get cash flow + and I keep seeing $500 mil in revenue which is a dreamscape.
Essentially the tariffs are simply going to propel Apple to invest into mfg of IPhone technology, using LQMT for free, while paying Eontec China - this could make up the 30% tariffs when they can ramp/scale the mfg process.
LQMT was Lugee's ploy for dominance, at expense of you and I
No Mention of LQMT
Engel makes no mention of the once very friendly, exclusive relationship, now excludes LQMT from all mention.
https://www.engelglobal.com/en/ca/news-press/news-press-releases/detail/news/detail/News/injection-molding-of-amorphous-metals-cycle-times-reduced-by-up-to-70-percent.html
To me, this is indicative of a major shift and why Hauck left I bet - and stock price has deteriorated. Lugee may be taking small steps to total control of LQMT through its maze of ownership structure. If LQMT ran out of cash, Lugee would simply take it from the market.
This may be more indicative of the troubles here - Lugee giving out stock concerns me if there isn't a deal on the table and will be announced soon.
IPhone Tariffs
If so, Eontec could team with mfg to decrease costs using LQMT tech, but partnered with Eontec for mfg which could make up for the tariffs. Liquidmetal tech is already exclusive without licensing fees to LQMT and with minimal mfg experience on scale, LQMT could be left hanging onto nothing here - this could be the reality.
Specifically since the Engel exclusivity is over and they basically started their own amporhous company with Haraeus - which indicates Eontec wants to create larger machines; specifically and with the potential to be the iPhone machine.
Unless Apple wants in the USA mfg, and believes scaling in USA is advantageous with LQMT, which has no record of such, yet Eontec does, it may be that Lugees goal was to get the tech, bring it to China and Eontec for Apple.
I also believe this board is underestimated the fact Engel walked into a new partnership with Haraeus - this all begun happening in June, when the stock started its decent.
Thoughts or comments welcome.
1. Why can't Eontec call their machines Injection Molding?
2. If you look at the timeline from when Engel shifted away from exclusivety with LQMT, and Hauck leaving, it is around the June timeframe - so, while not directly indicative, it surely may be correlated.
3. The current shareprice is reflecting something - I don't know what but I'm sure well find out.
4. The power upgrade is a VAR support thing - essentially there is a ton of high tech manufacturing here, go look at the substation to the north where this is all coming in, and so therefore the "feeder" it was to be connected was already loaded and couldn't handle more - they probably worked out a long term commitment deal if utility was to pull/pay for more capacity.
5. All in all, Lugee is set up now with the facility, once the power is upgraded. And with the most recent stock options, he is assuring the employees he isn't going to let the company fail.
6. Lastly, Engel and LQMT are now competitors, imo - Haraeus and ENGEL decided to get with each other and take on the market, directly.
Amloy - Engel
I am not sure this is "old" news - in fact, the press release for Engel and Haraeus is from Oct 24th, 2018 so this is in fact, recent.
https://www.pim-international.com/heraeus-and-engel-partner-on-the-injection-moulding-of-amorphous-metals/
And it indicates that the LQMT and Engel relationship, which was a 10y exclusive, may be over, or changed dramatically.
And/or Eontec may now create amorphous machines to replace Engel. If you look at the LQMT quarterly, they mentioned making the process less expensive, or such.
Additionally, Engel used to have LQMT machines on their website with information about it - now it has been replaced with "Amloy" amorphous metal which is a partenership between Engel and Haraeus.
Perhaps I am out of touch - but this seems significant. If you look at timeline, this all started to occur May/June 18 about the time the stock started to slide from $0.25 so in essence, something changed with the Engel relationship. Sure, they only make the machines, but obviously they are a staple in the industry and now seem to be a competitor.
No?
Something is up with Engel - below discusses the exclusivety of Engel and LQMT
March 2018.
http://www.themoldingblog.com/2018/03/07/new-molding-machines-may-lift-liquidmetal/
"One thing Liquidmetal did right was to partner with Engel to develop and produce, exclusively, injection molding machines for the Liquidmetal process. Engel has also introduced the technology to its European customers, who are a Who’s Who of elite manufacturers. A 10-year exclusivity grant was awarded Engel in exchange for payment of royalties based on a percentage of net sales price per machine."
Yet, Engel mentions difficulties re; commercialization but a customer interested in a 2nd machine..
June 2018
http://www.themoldingblog.com/2018/05/08/engel-execs-describe-liquidmetal-commercialization-as-slow-and-challenging/
"Engel is still interested in the market, and an existing customer ( not identified) is in negotiations to buy a second Liquidmetal machine."
Yet, in Oct 2018 - Haraeus and Engel team up re; Amloy material - Where is LQMT?
Is this "new machine" giving any royalty to the AMM machine?
https://www.pim-international.com/heraeus-and-engel-partner-on-the-injection-moulding-of-amorphous-metals/
All very interesting - not sure what Engel and LQMT relationship is anymore...
Engel thoughts on LQMT and commercialization - see last line re:
"Engel is still interested in the market, and an existing customer ( not identified) is in negotiations to buy a second Liquidmetal machine."
http://www.themoldingblog.com/2018/05/08/engel-execs-describe-liquidmetal-commercialization-as-slow-and-challenging/
I wonder if the below
http://www.themoldingblog.com/2018/03/07/new-molding-machines-may-lift-liquidmetal/
"One thing Liquidmetal did right was to partner with Engel to develop and produce, exclusively, injection molding machines for the Liquidmetal process. Engel has also introduced the technology to its European customers, who are a Who’s Who of elite manufacturers. A 10-year exclusivity grant was awarded Engel in exchange for payment of royalties based on a percentage of net sales price per machine."
New here.
A couple of questions I had:
When it comes to Engel, it seems they have recently partnered with a new firm Haraeus to bring amorphous alloys to the market using their Engel machines. Essentially they partnered to form "Amloy" materials using another version of amorphous alloys.
https://www.pim-international.com/heraeus-and-engel-partner-on-the-injection-moulding-of-amorphous-metals/
It also seems like they pulled the marketing page for the Engle Liquidmetal motion machine.
https://www.engelglobal.com/en/at/liquidmetal-en.html
This is what Engel had to say about the amorphous market, fyi.
http://www.themoldingblog.com/2018/05/08/engel-execs-describe-liquidmetal-commercialization-as-slow-and-challenging/
Q: How long was the Engel exclusivity? It seems this has ended.
Q: Does Eontec have Amorphous machines? Or are they all MIM?
Q. In their latest news release. it says "Liquidmetal and Yihao are working together to improve the cost of commercial AMM machines" - Is Eontec and Yihao working on a different AMM machine?
Q. Is Engel still a partner here?
Thanks