Liquidmetal Technologies Inc (LQMT)

[jrs5]

LQMT never "directly manufactured " anything. They had licensing agreements with Engel for machines and with Materion for raw materials. All they have done is change licensing partners to Eon who has a process to actually mass produce. And (most importantly) they have the partners to spend the capital to make mass production available. This was NEVER going to happen with Engel and Materion.
Yes, they did try to buy a few machines to produce small batches in house, which failed (as expected). Partnering/licensing with entities that can purchase equipment and materials in bulk for mass production is the way forward.