Pretty much excited too! I gotta say that at first, based on the Tom Scarpa mail last night I wasn't too thrilled about the development of the lab: Phase 1, Phase 2 and who knows how many more phases we need to go through before getting the full efficiency. It was just looking like a software developer talking to its project manager and saying that the code is 90% completed. Everyone knows that the last 10% might will take you at least as long as the 90% initially done. Plus the "you know, we are still a R&D tech company" excuse at this stage is not something I want to hear for the next 6 months to justify blown estimates about revenues that don't materialize.
But the NR of today is quite awesome! We get a strategic alliance with MX Group and 5 others european companies, probably all members of the EPIA which might open up a great customers base dedicated to make the "Paradigm Shift" (detailled in the EPIA outlook) to solar PV happen , we get Dr. Daniele Margadona (I'll try to do some research on her later on) not only to validate LPD technology but actually working to enhance the possibility provided by this new paradigm. This is major because every enhancement using the LPD process will give it more industry recognition and ease the adoption of it. I'm very very positive about this part. Inlicensing LPD is really the way to go!
It also send a clear message to others that shown interest but stayed on the sideline (or are dragging their feets) like Kodak, Phono and the Chinese that they now have a concrete option on the table regarding funding of their technology (don't forget that FS solar is eyeing the R2R if I recall correctly)!
I'm also quite happy because Natcore is building out companies/business infrastructures, business relationships with many over the world and we hedge ourselves against being controlled by a single entity that would offer all the funding plus we minimise the risk of puting all hope on Kodak (that is not in a good shape) or with the Chinese (that we know we can't 100% trust). This is a situation of a growing company that is not looking for a buyout of their IP portfolio. Natcore ain't going out like that!
I also like that Natcore is once again proving its worth without any grant yet, which should be an eye-opener for the US that they are creating real job (15-50 with that announcement). Provini was pretty clear on that NR about the problem with the structure of the grants awarded to installation rather than innovation...
The Big Picture is pretty clear to me and its really like Provini said: The current risk is to give too much for the technology. Right now, I find that Natcore management is getting it done!
Can't wait to see all the crazy IHUB people jumping in the forum when time will come!
Go Long!!!
AI
