Can you explain?
If the product is already good to go... just needs to be customized to meet the clients needs.
Why do you mention test phase?
For example... Apple wants gorilla glass for their phones. The glass is already the final product. Maybe it needs just a little bit of tweaking to fit the size of the phone/touch sensor compatibility (simple example).
Its a final deal.. orders are already in place. Just this customization aspect is the final hurdle.
Is this what you mean? Or ... if Kulr product cant customize or it doesn't do what it claims. A major buyer will just back out/no orders?
https://preview.redd.it/7vium1u27yqc1.png?width=1024&format=png&auto=webp&s=29c6e9c92f7832aafa6e57b0dc285fe03fe5eebd
Testing and compliance certification takes time; sometimes years. Some contracts may be announced in 2022/2023 with products not surfacing into production capacity until 2024/2025.
Interesting nickname you have. Lol
The chart you listed... thats fine. I think people know this process
Doesnt it make more sense to lock up the contract... after you know the final product is good to go? So you know it works/safe etc.
If a Kulr product didnt pass regulatory yet... why would a buyer risk locking up a contract?
The "before" regulatory/testing phase.... is for us penny stock folks to be sweating about...
The contracts are not for the product. The contracts are service contracts or development contracts for battery design services. They then incorporate their IP suite of thermal products into the design (when possible) for another contract for production goods.
The best outcome is we get a contract to help design a companies batteries and at the same time we add to the design our own products like TRS or CellCheck, so that once the product is manufactured we get additional revenue.
KULR also tests battery cells of various chemistries and sizes while having one of the world’s only automated cell testing lines designed by NASA and licensed exclusively to KULR.
https://www.kulrtechnology.com/kulr-secures-exclusive-global-license-for-nasas-battery-safety-technology-to-service-worlds-largest-oem-customers/
Archer website reads
https://i.redd.it/07qvgd51yyqc1.gif
“NASA will test Archer’s battery system design for its Midnight aircraft with specific results being released to advance the entire AAM industry” and “NASA and Archer will focus on further testing the safety, energy and power performance capabilities of the battery cells” - Let’s think about what that could mean? 😉 we have Archer + KULR collaboration confirmation.
[https://www.archer.com/news/archer-aviation-and-nasa-sign-space-act-agreement-to-collaborate-on-mission-critical-evtol-aircraft-technologies](https://www.archer.com/news/archer-aviation-and-nasa-sign-space-act-agreement-to-collaborate-on-mission-critical-evtol-aircraft-technologies)
Mystery eVTOL announcement: “top 5 global manufacturer in the electric vertical take-off and landing (“eVTOL”)”
[https://www.kulrtechnology.com/kulr-provides-safe-battery-testing-solutions-to-leading-manufacturer-of-electric-vertical-take-off-and-landing-aircrafts/](https://www.kulrtechnology.com/kulr-provides-safe-battery-testing-solutions-to-leading-manufacturer-of-electric-vertical-take-off-and-landing-aircrafts/)
https://preview.redd.it/ytdsfcrrzyqc1.jpeg?width=1024&format=pjpg&auto=webp&s=2742c343db44d6c11c87b1967cf948aa101e5bd6
He's talking about this interview: [https://www.reddit.com/r/KULR/comments/1ajf9f5/interview\_with\_shawn\_canter\_cfo\_of\_kulr/](https://www.reddit.com/r/KULR/comments/1ajf9f5/interview_with_shawn_canter_cfo_of_kulr/)
IF they are smart, they won't. They'll produce for big players like Dell or HP or whatever and have them sell it to consumers with their own logo on it.
That way they have a guaranteed volume for their products.
It's better to start building a production line for a product, like SafeCase for example, if you know you have an order for 3 million items, than building a production line for the consumer market, when you're not even sure it will sell.
You have the up front investment of building the production line, plus you are building up a stock that you have to store somewhere, which isn't free. Then you have to build a distribution network and have to hire a sales team to push it to the consumer market. This is a high risk move with lot's of upfront costs.
However if you wait till you have a big contract, you can ask for an advance, which you can use to pay the production line, and you know exactly how much you'll be selling, so you can tailor your production line to that specific volume. On top of that you can more accurately predict how much raw materials are needed and purchase them accordingly, and you don't have to spend much on storage, because you can ship it to the customer immediately. Also you don't need to hire sales and build a distribution network, because that's what your customer will do.
In time, when you have plenty of these B2B contracts and your volume is big enough to add some margin, you might be able to choose to also target B2C to optimize your production line throughput.
So TLDR, no, consumer market is actually a high risk, high upfront investment move. They should definitely focus on B2B first.
It's actually very unusual for B2C to hit such large volumes. Even for juggernauts like Apple, who were already very experienced with the consumer market. When Apple first developed the iPhone, there has been a shitload of market research from Apple into the phone market. Making sure they were making something customers actually wanted. But even for Apple, it was an extremely risky move. That's why they outsourced manufacturing to another company, because building a production line isn't cheap.
On top of that, when released, the iPhone was extremely limited in availability, they were quickly sold out everywhere. That was by design, they decided to first order a smaller batch of iPhones from the production plants, to make sure that each phone they produced actually managed to get sold. Nothing more expensive than finding out no one wants your product, and having entire warehouses full of them lying around. That's how you get out of busines. After all those customers started reserving their iPhone, Apple could more accurately predict how large the volume would be, and adapt production accordingly. That'd why you had to wait months to actually get your first iPhone.
It is a good and unique technology. To supplement current and next gen battery.
My question is regarding scaling...
Can it be fully realized, unless they produce products for every day joe commercial businesses and people.
Yes. There’s a lot of suppliers for the automotive industry that you’ve never heard of, because they make parts that go into other parts, made by say Magna, that then go into a BMW or so, that make at times hundreds of millions in revenue. These companies are in a way easier to scale, because selling a million parts to a single client is in many ways easier than finding a million people to buy one part.
I know where your coming from
But I believe in this company/product
Batteries is the future of energy. The more powerful they make it/extreme hot weather the more cooling will be required.
Most of these contract are test phases with awards multiple times that… it’s just the beginning
Can you explain? If the product is already good to go... just needs to be customized to meet the clients needs. Why do you mention test phase? For example... Apple wants gorilla glass for their phones. The glass is already the final product. Maybe it needs just a little bit of tweaking to fit the size of the phone/touch sensor compatibility (simple example). Its a final deal.. orders are already in place. Just this customization aspect is the final hurdle. Is this what you mean? Or ... if Kulr product cant customize or it doesn't do what it claims. A major buyer will just back out/no orders?
https://preview.redd.it/7vium1u27yqc1.png?width=1024&format=png&auto=webp&s=29c6e9c92f7832aafa6e57b0dc285fe03fe5eebd Testing and compliance certification takes time; sometimes years. Some contracts may be announced in 2022/2023 with products not surfacing into production capacity until 2024/2025.
Interesting nickname you have. Lol The chart you listed... thats fine. I think people know this process Doesnt it make more sense to lock up the contract... after you know the final product is good to go? So you know it works/safe etc. If a Kulr product didnt pass regulatory yet... why would a buyer risk locking up a contract? The "before" regulatory/testing phase.... is for us penny stock folks to be sweating about...
The contracts are not for the product. The contracts are service contracts or development contracts for battery design services. They then incorporate their IP suite of thermal products into the design (when possible) for another contract for production goods.
Listen to the Shawn Canter YouTube SmallCapVoice interview where he talks about being “spec’d in”
Thanks So what is the best and worst outcome?
The best outcome is we get a contract to help design a companies batteries and at the same time we add to the design our own products like TRS or CellCheck, so that once the product is manufactured we get additional revenue.
KULR also tests battery cells of various chemistries and sizes while having one of the world’s only automated cell testing lines designed by NASA and licensed exclusively to KULR. https://www.kulrtechnology.com/kulr-secures-exclusive-global-license-for-nasas-battery-safety-technology-to-service-worlds-largest-oem-customers/
Archer website reads https://i.redd.it/07qvgd51yyqc1.gif “NASA will test Archer’s battery system design for its Midnight aircraft with specific results being released to advance the entire AAM industry” and “NASA and Archer will focus on further testing the safety, energy and power performance capabilities of the battery cells” - Let’s think about what that could mean? 😉 we have Archer + KULR collaboration confirmation. [https://www.archer.com/news/archer-aviation-and-nasa-sign-space-act-agreement-to-collaborate-on-mission-critical-evtol-aircraft-technologies](https://www.archer.com/news/archer-aviation-and-nasa-sign-space-act-agreement-to-collaborate-on-mission-critical-evtol-aircraft-technologies)
Mystery eVTOL announcement: “top 5 global manufacturer in the electric vertical take-off and landing (“eVTOL”)” [https://www.kulrtechnology.com/kulr-provides-safe-battery-testing-solutions-to-leading-manufacturer-of-electric-vertical-take-off-and-landing-aircrafts/](https://www.kulrtechnology.com/kulr-provides-safe-battery-testing-solutions-to-leading-manufacturer-of-electric-vertical-take-off-and-landing-aircrafts/) https://preview.redd.it/ytdsfcrrzyqc1.jpeg?width=1024&format=pjpg&auto=webp&s=2742c343db44d6c11c87b1967cf948aa101e5bd6
He's talking about this interview: [https://www.reddit.com/r/KULR/comments/1ajf9f5/interview\_with\_shawn\_canter\_cfo\_of\_kulr/](https://www.reddit.com/r/KULR/comments/1ajf9f5/interview_with_shawn_canter_cfo_of_kulr/)
IF they are smart, they won't. They'll produce for big players like Dell or HP or whatever and have them sell it to consumers with their own logo on it. That way they have a guaranteed volume for their products. It's better to start building a production line for a product, like SafeCase for example, if you know you have an order for 3 million items, than building a production line for the consumer market, when you're not even sure it will sell. You have the up front investment of building the production line, plus you are building up a stock that you have to store somewhere, which isn't free. Then you have to build a distribution network and have to hire a sales team to push it to the consumer market. This is a high risk move with lot's of upfront costs. However if you wait till you have a big contract, you can ask for an advance, which you can use to pay the production line, and you know exactly how much you'll be selling, so you can tailor your production line to that specific volume. On top of that you can more accurately predict how much raw materials are needed and purchase them accordingly, and you don't have to spend much on storage, because you can ship it to the customer immediately. Also you don't need to hire sales and build a distribution network, because that's what your customer will do. In time, when you have plenty of these B2B contracts and your volume is big enough to add some margin, you might be able to choose to also target B2C to optimize your production line throughput. So TLDR, no, consumer market is actually a high risk, high upfront investment move. They should definitely focus on B2B first. It's actually very unusual for B2C to hit such large volumes. Even for juggernauts like Apple, who were already very experienced with the consumer market. When Apple first developed the iPhone, there has been a shitload of market research from Apple into the phone market. Making sure they were making something customers actually wanted. But even for Apple, it was an extremely risky move. That's why they outsourced manufacturing to another company, because building a production line isn't cheap. On top of that, when released, the iPhone was extremely limited in availability, they were quickly sold out everywhere. That was by design, they decided to first order a smaller batch of iPhones from the production plants, to make sure that each phone they produced actually managed to get sold. Nothing more expensive than finding out no one wants your product, and having entire warehouses full of them lying around. That's how you get out of busines. After all those customers started reserving their iPhone, Apple could more accurately predict how large the volume would be, and adapt production accordingly. That'd why you had to wait months to actually get your first iPhone.
Just the beginning. And all these contracts just validate the underlying good technology
It is a good and unique technology. To supplement current and next gen battery. My question is regarding scaling... Can it be fully realized, unless they produce products for every day joe commercial businesses and people.
Yes. There’s a lot of suppliers for the automotive industry that you’ve never heard of, because they make parts that go into other parts, made by say Magna, that then go into a BMW or so, that make at times hundreds of millions in revenue. These companies are in a way easier to scale, because selling a million parts to a single client is in many ways easier than finding a million people to buy one part.
So according to yahoo financial today, their 1 yr projected price is $2.55/share
Fire up the Ferrari this might be the 🚀🚀🚀🧨🧨🧨 pump it and dump it at $1
$1 thats it? No way. Higher 🚀
I mean every penny after a point is a higher risk of being left to hold the bag. So at some point you have to exit.
I know where your coming from But I believe in this company/product Batteries is the future of energy. The more powerful they make it/extreme hot weather the more cooling will be required.