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Friday, September 04, 2020 12:18:20 PM
so for the limited 3 market mmwave 5g iphone pro max and lower volume headphones/air power and years of research/manufacturing improvements chances are good yihao/other cm are ready/have capacity for volume production.
Management Commentary
Dr. Bruce Bromage, the Company’s Chief Operating Officer, stated that “the third quarter of 2018 showed the Company’s continued execution of our commercialization strategy. Early production orders shipped during the quarter for Amorphous Metal Molding (AMM) and Metal Injection Molding (MIM) customers. In addition, the Company has active development projects with top-tier medical, automotive and consumer products companies, each with potential for volume, multi-year production.”
Dr. Bromage continued that “several projects are underway in collaboration with Yihao Metals, taking advantage of Liquidmetal’s amorphous metals expertise and proximity to US customers to develop parts that can be produced in high volumes in Asia. Liquidmetal and Yihao are working together to improve the cost of commercial AMM machines, alloys and processing methods to open markets globally.”
Q3 2018 Financial Summary
During the third quarter of 2018, the Company generated $253 thousand in revenue through completion of the production tooling portion of commercial orders for both our AMM and MIM platforms. During the third quarter of 2018, we finished validation procedures for the Company’s first eight-cavity mold, highlighting our development efforts and continued emergence as a volume manufacturer.
all of the above was from 2 years ago!
but lets say those ‘first/volume/recurring/orders’ are not consumer parts/products/devices/electronics and its just medical (for now) well that aint so bad cause it looks like graspers would be far more expensive per piece than parts/components for consumer products which means much bigger profit margin for lqmt.
so apple/microsoft/huawei/samsung etc hype or bigger medical revenue?
either would spike lqmt price
win win
and both would be killer
https://www.alibaba.com/countrysearch/CN/medical+graspers.html?fsb=y&IndexArea=product_en&CatId=&SearchText=medical+graspers&isGalleryList=G
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