Thursday, October 16, 2014 8:40:04 PM
Great summary btw Watts!
Only thing I have to add is the following:
1. New website coming - I think we all know that. Going to be less of, "hey look at me..." and more of, "here's what we do and how we can do something for you".
2. NASA SIBR Phase II coming up for proposals (only open to phase I awardees). Tom said they're focusing on making products not so much R&D. Good point but when you have $0 revenue but up to $750k for two years on a NASA contract. They wouldn't comment more but I'm sure Stephanie will submit a proposal. I can tell she loves this stuff!
3. Paul focusing on big accounts. I think automotive may come next after medical. Not necessarily focusing on regions or areas in US but big customers. Good clarification since announcements say "North West rep of xyz..." but he said there's also a need to keep things as confidential as possible and not give away who they're working with. Easy to put two and two together sonetimes.
4. No answer on CLMs.....still working and can't reveal anything more. They do have access to scale operations once production scales. I heard they have more space nearby in the business park. They've already extensively studied how many Engel machines could fit in their current space. But go back on forth on how it would be done. Again, RSM location to only be used for low rate production (100,000s) whereas high rate (1Ms+) with CLMs.
5. Paul acknowledged he's worked with some of the MSRs and mold makers and they all know the business and what they can target for 100g units.
Overall very impressed and interested in the things to come!!
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