Tuesday, March 05, 2019 7:22:23 PM
Management Commentary
“During 2018, we validated our first multi-cavity production molds for our amorphous and metal injection molding operations, resulting in production orders,” said Bruce Bromage, the Company’s Chief Operating Officer. “In addition, we have recently received our first amorphous production tooling order for a higher volume medical device application with validation and acceptance protocols in process. We are also working with our customer to develop the next generation of this application, demonstrating their commitment to our technology and to Liquidmetal as a trusted supplier. We are focused on bringing more applications into our production pipeline.”
Assuming 24 weeks for a mold and 8 weeks to validate parts, this higher volume application could begin to generate revenue in 2019. And, I like that they are following up with a “next gen” part as well. It shows a commitment in this technology for their product line. Break-even could come in 2020!!
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