Investor Update, page-210

rawflcopter, While due to the strategy expressed below I wouldn’t expect Tesla are well down the road with Anteo, the time taken for the data to be confirmed by our collaborators would not have been wasted.
The Sydney August presentation and the AGM signalled a focused battery strategy to fully support the interests from a first MTA collaborator in Japanese battery production and the soon-to-be second MTA European collaborator in supply of battery components.
Positive response from battery consultants Polaris and CustomCells signaled the technical values, segments to develop, and weakness to improve on.
Board and management, while recruiting new support in the research team wisely harnessed their focus on the responses to the two MTA collaborators.
The strategy expressed informed that the proven data that flowed from the refinement and testing of the Anteo technology would be packaged ready for promotion to the industry.
The identities of the MTA collaborators have been “outed”. Should these companies take Anteo onboard, -wow!
While initial goals are stunning in their own right, the possibilities for 40% silicon incorporation would surely attract compulsory attention from numerous operators. GLTA