James...the bigger landscape of quantum dots hasn't even been touched ..such as lighting and solar among hundreds of other markets for this material.It's why the Chinese used the word "revolutionary".If you look closely at the few others able to mass produce quantum dots they are mostly focused on display. ..QMC has a clear advantage in many of these other sectors and as an example Nanoco doesn't use quantum dots for their solar..it's CIGS..which is a technology that's been used by many large solar companies already. ..displays are the tip of the iceberg and what's sexy but not what will be the largest generator of income for QMC.In order to invigorate a market QD manufacturers will need to be able to scale to tonnage...this is where QMC stands apart.Many new companies are popping up saying they have capabilities to mass produce when in reality if you look into their process it is usually for mere grams per hour and in few cases kgs over time.I will say again that the single greatest thing Steve did was taking the route of flow reactor processing while the other majors were going batch.They were so focused on creating the end products for display that they lost focus on what would allow them to truly mass produce.Even Dow after spending close to a eported 100 million to scale can get to 400 kg. ..Nanosys using 2 large facilities with multiple processing lines doing semi batch are not much better at over a few tonnes of "qd " not to be confused with their concentrate which is about 10% qd content.These amounts will not invigorate markets.QMC can in short add reactors as demmand rises...this is where Capex and Opex win over.If nothing else the technology Steve developed through Access2 Flow and aquired through the Bayer patents are the golden geese of the industry.Looking forward to further developments with acknowledged partners and unnamed NDA companies.
Cheers
Ken
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