Business is booming. The jet engines using their parts are just starting to go into production. If going around the world starting in Knoxville TN was the future path, I think the company has maybe reached Little Rock. But it may sputter along the way
.
About 18 months ago the CEO said getting machines 10 times faster was "relatively easy" (the EU and US Oak Ridge have paid for the basic research) So far they are still using the same machines. It is my WAG that they won't introduce a 20% faster machine but go for one 2 or 3 times faster. Their present cash flow gives them the opportunity to put all that lab research into a real world product. Doing this, lab to mass production ,is usually a 5 to 8 year affair.
The stock price has seemed to be disconnected from reality for a long time. But it is perceptions that move stock prices, not reality. The biggest perception seems to be that Arcam is just a Scandinavian
DDD.When in fact other than a few things like using a powder bed they have little in common.
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