RE: WPNs Wireless Power Networks24 Jul 2024 16:07
From ADVFN
SCRUTABLE24 Jul '24 - 14:52 - 7640 of 7640 0 1 0
The market has yet to understand and begin to anticipate and to price in the potential brought about by bringing in Lars Stegman as a CEO experienced in International Marketing. Great strength has been added by the more recent interest from a large investor in Prof Tom Cooley who nursed the large ITM electrolyser project in Sheffield through radical and successful changes in strategy, technology,and production for several years until stable ( but temporary) world leadership.
CP-XX, as a tiny local Australian company relying at first, on one considerable Japanese supplier, has always had inventive engineers but potential growth was based not on business, production or marketing skills, but on the ability to invent new niche applications for supercapacitors and hope that the existence of each would spread itself (by word-of-mouth?) It did not.
Three out of six distributors have since been appointed in the USA, but the three others cannot yet do justice to CPX products in the rest of the world. Enlisting the high calibre CAPCOMP Gmbh, already established in automotive, wind industry, and power storage applications throughout Europe gives direct access to the huge automotive industry, wind, power and IOT existing markets and probably EU funding.
A future Cap of £200m is not too fanciful for this without including the hundreds of applications ahead in IOT. That means realistic hope to see the SP return (X12) to the current level it exceeded for several years in the decade before 2021
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