Any number of different scenarios could warrant $20M...
Example:
**Land & Building costs in an established industrial zone....................$5M+/-
*could likely cost a lot , whether by means of renting and remodeling/refitting an existing structure or building from scratch.
**6 QD-Microreactors & other related equipment (QA, processing, safety & storage, shipping etc)...$5M+
**Overhead costs for one year...utilities, payroll, insurance, etc etc.................$4M
**R&D/Lab...............$1.5M
**Contingencies.........$1.5M
**Shipping..............$0.5M
**Fees & Taxes..........$0.5M
**Misc Office overhead..$0.5M
**Regulatory compliance.$0.5M
**Legal.................$0.5M
**Travel & lodging......$0.5M
Total; $20M .
***and this hypothetical could be just one-of-many possible scenarios that could warrant That $$$