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Sunday, 05/05/2024 11:51:42 AM

Sunday, May 05, 2024 11:51:42 AM

Post# of 232822
Another industry that is growing is the Smart lock industry. Currently grossing over $2.5 billion and projected to reach $10 billion by the year 2030. These locks do not fail solely due to power loss. They require repetitive mechanical movement. There are more than one manufacturer making smart locks. Enough for LQMT sales reps to explore to see if the larger companies want to invest in a prototype. A longer lasting lock would be far more competitive. There are varyious studies as to how long these locks last. A good R&D expert could prove the value for using LQMT’s IP.
Think pinions zero lubricants etc.
Time for LQMT to step up.

Good luck to all in LQMT
Wish TC luck.
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