Ok, thanks a lot for elaborating on this!
So the story we have been told is they are now using CrayoLED for testing the supply-chain, testing processes and assembly packaging, and that the groundbreaking nanowires on graphene will be integrated at a later point in the same package. They have licensed industry standard thin-film tech (the opposite of nanowires) to get a product with specs that makes the product able to sell, to addition actually build sales pipeline and market the company at the same time.
So it boils down to, is this explanation, is this a strategy for buying more time to actually achieve a successful volume production of the nanowires+graphene, because they are not there yet?
With regards to the story and media presence the last 10 years of this groundbreaking tech, is it rather very surprising that this core of the whole company is being downplayed in great style and when asking about it the company refuses to answer it and say “its in development”, and even today the narrative stated by Peil was “we will launch it when the market needs/demand it”. That saying goes against the core story and purpose of the company.
Why do you think they manage to close all these framework agreements if the technology as of today does not stand out ?
Despite licensed thin-film tech, the CrayoLED is comparable with the leading competitors in the market today, and it is a high growth market were mercury UV lamps and chemical solutions are being transitioned to UV-C LED. They compete with the same cards on broader terms, if we forget the lifetime etc.
They could build a business of it, even if it eventually (hopefully not) turns out they wont be able to achieve volume production on the nanowires with good yields (“successful chips”). This is actually not proved yet.
They could actually silently go on without the nanowires if they wont manage to achive it, but it would costly to licence others technology, when Crayonanos tech is stated to reduce cost with 10x.
So thats why so many are shocked by the non-communication on the main identity, story, marketing, innovative and core of the company.
The obviously uncomfortable reactions by the leadership on this is naturally therefore raising the above discussion. If this is someway to downplay their own tech to keep it on the low because they are in the process of being acquired and the buyer wants discretion, I think that is a silly tactic and treatment for the shareholders, and I really dont buy that thought experiment.
The competitors in the industry send out press release on even achievements in the lab on prototypes.
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He says two times that the progress goes according to plan. When asked about obstacles he answers it goes according to plan, but when in product development phase it always include risk
@SuperTechInfo I can see that you here on TI have only been engaged in this crayonano thread. Are you a shareholder or what’s the purpose?
Dette innlegget ble rapportert og er midlertidig skjult.
Det lukter 7 kr i kurs igjen når de sier det samme om og om igjen.
Det så lovende ut med en bunn på 15 kr.
Skuffende at de ikke har noe nytt å komme med.
«Thanks for reaching out. We have noted a strong interest in the product strategy and development, and we are planning for an update on this topic early next year. In general, we see that there is a large existing market for our first gen H-series, but to open new future application areas we need the important KPI -USD/mW- to decrease in our next generations.
We decided to fucus the recent update on commercial progress, were there is an accelerated traction.»
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“we need the important KPI -USD/mW- to decrease .”
Hva legger de i det?
Etter å ha GPT`et teksten:
We need the cost-effectiveness (KPI -USD/mW-) of our next H-series generations to improve in order to explore new application areas, despite having a sizable market for our current first-gen H-series.
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Markedsverdien er 426 millioner. En antatt P/E på 30 krever da 14 millioner i resultat. Det burde være mulig å oppnå med eksisterende produkt - prisingen er ikke urimelig. At neste generasjon LED er på roadmap forsvarer en P/E på 30 i mine øyne. Største problem nærmest i tid er kontantbeholdning og negativ kontantflyt - det må hentes penger eller øke salget. Alt i alt synes jeg det er fornuftig å fokusere på salg av det en har utviklet så langt.
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Han sa vel at de jobber med over 600 leads. Er vel gode muligheter for mange flere kontrakter fremover. De trenger inntekter ja
De 100.000 til salgs er tatt bort btw
Kommenterer på norsk da det virker som du forstår språket:
På generelt grunnlag vil jeg si at jeg for min del er trygg på at EIC Fund ikke investerer i selskap som ikke har passert en due dilligence. Nå vet vi at slik due dilligence ble gjennomført i forkant av investeringsbeslutning.
Kanskje enda viktigere er det faktum at NTNU-spinouten CrayoNano ble valgt ut av EIC Fund i en total søkermasse på 4 200 selskap.
Her er hva de selv sa:
“We are proud to announce the EIC Fund is backing this breakthrough company developing a groundbreaking technology: the first nanowire on graphene UV-C LED technology able to give the efficiency, lifetime, and cost needed for mass deployment disinfection.” said Nicklas Bergman, member of the EIC Fund Investment Committee.
Greit å vite om EIC Fund:
About the EIC Fund
Established in June 2020, the European Innovation Council Fund (EIC Fund) is a breakthrough initiative of the European Commission to make direct equity and quasiequity investments (between €500.000 and €15 million) in European high impact and deep tech start-ups and scale ups. With a long-term perspective, the EIC Fund invests in companies from any sector, across all EU member states as well as in associated countries.
The EIC Fund aims to fill a critical financing gap and its main purpose is to support companies in the development and commercialization of disruptive technologies. This is achieved by crowding-in market players, and further sharing risk by building a large network of capital providers and strategic partners suitable for co-investments and followon funding.
The Fund pays particular attention to the empowerment and support of female founders as well as the ambition to reduce the innovation divide among EU countries.
Oppsummert er min oppfatning av det som skjer at selskapet har kontroll på utvikling, Q3-presentasjonen fokuserte på going-business, og neste generasjon er i en prosess der selskapet faktisk ikke kan / vil avsløre hva som skjer på bakrommet. Slik er det, og skal det være, når forhandlinger og innovasjon pågår parallelt.
Kun min oppfatning, og ikke ett investeringsråd.
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If anybody are interested in reading all sayings/statements/evolution of the company, someone has compiled a list of over 60 articles from 2012 to early 2022 (when they stopped PR activities):
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Det er bra oppsummert her inne. 
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Når gen 2 lanseres så vil det komme en reprising av selskapet. Forhåpentligvis skjer det før kapitalbehov.
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