I'm interested to know how "bound" are they in these NDAs. I guess it's understandable, with such a new technology, the company in their respective industry wants to be the first to deploy it in their application, especially if there's a cost savings over their competitor.
If I was a company doing something or using something nobody has used before, I want to shine once it's announced. Unfortunate for the shareholder who has to remain in the dark and invest based upon carefully selected statements.
28 different customers came to the open house. Some may be taking a look but it would be surprising to see the sign-in roster of what companies participated. Aerospace/defense, automotive, medical, "specialty"....
Steipp doesn't want to make any false promises. I think he truly sees 4 new contracts next year...but nobody has signed on the dotted line. Remember, a TON, if not all (until recently), prototypes were made at Visser, whom probably doesn't have the most recent Engel machine (or never had an Engel machine to begin with).
Now they have to essentially either re-certify those parts on the new machine or continue to use Visser (which they stated they probably will). They may not gain substantial revenue but they show the viability of producing and the adoption of liquidmetal parts.
They'll be getting another mold maker certified this year, have a solid MSR sales force, and people are requesting molds to be made on the Engel machine. This is great news and another step forward.
Let's not forget, Paul is working in the background. He distances himself from all the BS tap dancing, NDAs, should/coulda/woulda's, and financial BS.
He's determined, has a plan, and is standing up to the challenge.
