I would have hoped for answers to these questions:
- How confident is the management (e.g., best estimate of probability, %) that CNT will replace current technology? This may be self-evident to the management, but it should be communicated more explicitly to the market, as this is the core of the entire investment case.
- And, theoretically, how long can current fabs delay the adoption of CNT?
- In the Q&A section, it was asked how many end-customers (entities buying reactors) there are. In my opinion, the management answered beside the point and instead responded with how many CNT suppliers the market can accommodate. Or perhaps I misunderstood.
Tesla is also building a fab, and if successful, it would be larger than any existing advanced-chip fab. Canatu would have quite a lot to achieve with Tesla: ADAS, solar cells, and an AI fab.