MNS 0.00% 4.2¢ magnis energy technologies ltd

Ann: 2018 AGM Presentation, page-100

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  1. 179 Posts.
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    Looks like Alevo the failed battery manufacturer IM3 bought the kit from is sort of back in business. They still have their IP. I wonder why they didn't buy the kit? Mind you the machines are a few years old now so maybe they will be obsolete soon?

    “It was a huge leapfrog attempt to go from small, lab-scale production in Germany, which worked well, to full-blown manufacturing at a high pace in a different country,” he said. “This was very challenging. Given the cost structure, it was not really feasible for the company.”

    Buchin revealed that Innolith had been in a position to buy the factory equipment but had opted not to. Instead, it acquired all of Alevo’s remaining assets, including the R&D facility with all its staff.

    https://www.greentechmedia.com/arti...l-innolith-rises-from-alevos-ashes#gs.F6v7lG4
 
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