RE: FY2018 Results reflect operational progress - Goetzpartners29 Jul 2019 00:38
Furthemore, I don't believe they have ever said they would test module by module, just that there would be a full energy test in 2019 once all the modules are assembled. That is clearly not where we are at, or where we were expected to be at at this point.
"It doesn't desrisk or ensure that the rest is coming easily". No, nothing is ever fully derisked, but given the massive investment to date, the completion of the facility at Harley Street, and the ongoing work at Daresbury there would seem to be a significant amount of confidence that the risk is minimal.
"Given the modular design of our high-speed accelerating units, the integration of additional modules is now a relatively de-risked procedure and so once Raysearch's software suite is completed to accommodate for LIGHT's precision and for the integration with P-Cure's highly integrated positioning systems, LIGHT will be able to treat first patients as planned."