· Engagement with global manufacturer: Non-binding Letter of Intent received from a leading US-based global manufacturer of electric vehicles and energy systems to evaluate the patented fluid for next-generation power-device cooling.
A US tier 1 global manufacturer of electric vehicle and energy systems. This HAS to be Tesla.
"Importantly, the off-taker has also indicated the availability of pre-pay financing to accelerate development. Negotiations are ongoing, and the Company will advise on any successful outcomes."
RE: Read the recent accounts - cash in hand £220,00030 Oct 2025 08:36
Dsymons. They have clearly stated they are in talks with 2 offtakers about funding this. Expect that news rested on final clearance which is coming soon.