Material

“We expect to be able to manufacture at somewhere around the 85 to 90 dollars per kilowatt hour.”

“So we're chemistry agnostic, which is great.”

“We've actually developed a way to manufacture these nanomaterials at fractions of a dollar per gram, which is, I mean, a hundred X cost decrease over what we have in the lab.”

“But these are all customizable, and they really don't cost us as a company much of anything to make that change for each customer.”

“We've created three multi-material, multi-modal, three-D printers. We've printed over a 150 batteries, and we've raised our energy density from initially pretty low levels and testing into now competitive rates.”

“I'm concerned about the gross margins at this point. I'd want to see much higher margins, or at least a path that could get me to significantly higher margins, and I just think that speaks to the, unfortunately, the intensity of the competitive dynamics here, …”

“What's on the screen is a battery that we're developing for a company called Nimble.”

“He's closed 1.5 million of his three million dollar round.”

“Our manufacturing platform creates conformal batteries, any size, any shape, Offering tremendous gains in efficiency and energy density.”

“The things I was able to do in Formula One would take a conventional auto manufacturer, probably four or five times the amount of time and money for that matter.”

“So our secret sauce is really our specialized nanomaterial blend that we developed in-house over the last couple years, and what this allows us to do is create batteries without current collectors. That's how we can make these conformable shapes.”

“Well, I guess it depends on the complexity, but, you know, I'm going to be targeting in the 25 to 30% margin, at least at the early stage.”

“It's something that's not seen in the industry right now. It is emerging, I would say, in academia, and you might see it from other players in the next decade, but we're first movers because we had so much experience prior to starting this company.”

“We're still able to achieve a 20% margin on batteries at an all-in production cost of 390 dollars per kilowatt hour.”

“Gabe closed 1.5 million of his three million dollar round, and they opened their first dedicated facility in Miami.”