My previous message in the thread 4 years ago.
Modu designs lasers, which is potentially a very lucrative part of the value chain, if it can differentiate itself. However, I don’t see any indications of that yet.
Has anyone figured out what is done at Modu’s factory? It advertises itself as “vertically integrated” but that can’t be true. It’s probably assembly. Surely the critical instruments come from elsewhere. The annual report is coated with ESG nonsense; I simply can’t get a clear picture of the matter. Who knows?
Loss 2x revenue. Still, Modu is not an investable company for me.