To me, this speaks volumes.
Because LQMT has targeted large companies with complex assemblies ( aerospace, etc.) it is a considerable undertaking to redesign around LMT superior properties ( note that this type of redesign probably didn't occur n the original golf clubs; the reason the weaker shaft would crack).
It seems to me that LQMT might be better off if they targeted parts for customers that don't have such a strong dependency on a requirement for extensive redesign and testing of other assembly parts, and maybe this is why there is Swatch today ( simpler assembly in terms of actual parts that bond ( not watch mechanics).
By being greedy and going for the big fish ( complex to fit into it); LQMT has pushed out return on investment for long term investors and in the meanwhile has diluted shareholder value.
Maybe VPC has some "simpler" customers in terms of parts that could be produced; and maybe LQMT doesn't want them because it might require changing their agreement.
Any insights?