Member Info for expatbrat

Better than finding a strategic partner or perhaps a successful smaller scale full waste to fuel demonstration ?

That’s retirement for you.

Company not comics. Although.....

I don’t believe the comics doing much atall, other than joining committees and hosting webinars. This is simply because they don’t have much to do at the moment other than such activities. They have got the Planning Permission, launched and paid for the engineering, and trying to raise funding for their US project (as they have been trying for 3 years). So really, they only have such committee work to keep them busy. Unfortunately, this activity tends not to yield much progress in the medium term, so I don’t expect any significant news from Vls until the engineering is complete and they have a funder lined up.

It really isn’t the time for such bets. The focus of rescue funding g is just that - rescuing.
As you have stated yourself on here, the focus should shift to such high risk punting once C-19 is in check. The question is, how long will that take and is another cash call (placing!) needed to bridge the gap? Most likely.

Sorry but the government is not going to plough rescue money into speculative, unproven processes.
VLS need to figure this out themselves rather than looking for handouts to develop a project that has not even been tested at smaller scale.

Albert. I meant the Hydrogen industry recieving lots of support, not for planes. I agree thats decades away. VLS has received funding through competition grants, but there is no national support mechanism, such as there is for Wind and Hydrogen. SAF is not getting the support it needs imho and this is what VLS needs to keep afloat.

The Government is focused on Hydrogen and Wind. SAF seems to be missing the mark when it comes to funding. I don’t know why to be honest. It might be something to do with a lack of proven technologies. Making hydrogen is a piece of cake, it’s just pricey. Making SAF, particularly from waste, is unproven AND pricey.

What happened to the ‘rock solid 6p floor’ you kept going on about? It’s on its way to 4p and headed down to 2. Simply because there is no news and meaningful revenue is 5 years away. Probably need another Placing at the end of 2021, if not sooner.

IMHO. It’s ‘humble’ IM, not ‘honest’. At least get it right if you’re gonna have a pop.

All sounds great Sense. Meanwhile, we are approaching 4p.

Ok thanks Loosely. Some healthy competition for VLS then, however after reading that article again this morning, it’s very apparent that Fulcrhum are several years ahead of VLS (they’ve already built a plant) and as the article infers, their UK plant won’t be their first. Funders will probably look their way before VLS imho.

Thanks Loosely. I stand corrected. I wasn't aware that Fulcrum was in the UK. I googled some more and your article is the only reference to their UK plans that i can find. Given how much further Fulchrum appear to be and going off what was stated in the article, Id say thats pretty stiff competition and may take the perceived shine off VLS . What are your thoughts?

Thanks Loosely. I stand corrected. I wasn't aware that Fulcrum was in the UK. I googled some more and your article is the only reference to their UK plans that i can find. Given how much further Fulchrum appear to be and going off what was stated in the article, Id say thats pretty stiff competition and may take the perceived shine off VLS . What are your thoughts on this?

Woah! Thats quite a find Loosely. I stand corrected. This is potentially very bad news for VLS? However i cannot find any other detail on a Fulcrum project in the UK so it remains to be seen what they are planning and how this could affect the chances of VLS to deliver.

From what I picked up from one of the articles posted in here, the Lanzatch project doesn’t fly in the UK because the policy doesn’t recognise the technology. Policy needs to change first.

Yes, VLS have the market to themselves, but that doesn’t change any of the fundamentals I regularly point out on here. Too big, too soon for them. I just hope for their sake that a competitor doesn’t show up as they need all the help they can get at the moment.

I’m most definitely have not ‘bought in’. I’m not one for catching a falling knife

I do agree with you on most of those things, however I’m doubtful they’ll be able to meet the 2025 plan. There are just too many unproven aspects and rhetoric around uncertainty in their process. They might need to do a bit more heavy lifting before the funders get comfortable. I also think their backers, BA and Shell, despite their public commitments, may struggle to pump more money in until they both get a sign that the market is improving.
Still, as I say, VLS don’t have any competitors, so if any money does become available, they’ll be the only outfit in the queue.

It remains to be seen how the demand for sustainable aviation fuels plays out. By the time VLS gets their plant built in 2026 or so, aviation might be in a very different position versus where it was pre covid. They have the Uk market completely to themselves so should be making better advances in terms of funding, whilst the market is right.

More info :
https://www.forbes.com/sites/mikescott/2020/10/26/aviation-groups-push-for-policies-to-make-jet-fuel-more-sustainable/

He mentions others on multiple occasions. It’s merely an observation. I strongly suspect he got severely reprimanded when he mentioned VLS during the c19 soapbox in June and since then, would rather not mention them.
Still, im surprised not to see SAF not mentioned.