Company is about to go supersonic - Funding, New Factory, and superior batteries16 Nov 2023 20:11
Look at Alan Hollis Linkedin, his job is to make the company into a £350m operation, and he has a lot of experience in achieving this kind of growth. Add this to his comments today, that he is looking to go to the main market.
1) UK gov could be about to give a massive grant and support to the building of the new Scotland Giga factory
2) AMTE Power has become the first European business to receive UN38.3 transportation testing certification for a sodium-ion cell. The accreditation for its Ultra Safe sodium-ion product marks another important step forward in AMTE Power’s commercialisation plans, allowing it to access global markets.
3) Compared to lithium-ion batteries, sodium-ion batteries have somewhat lower cost, better safety characteristics, and similar power delivery characteristics, but also a lower energy density.
Basically, the IPO price was correct, and the share price is about to re-rate fast.
GLA DYOR