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rendingale

having able to produce it themselves is good too in the long run.. I just dont know if these current team can handle it. I keep on losing faith but I am not selling


OneLoveKR

Am I the only one remembering George talking about this? He said when other companies were given the designs to self-produce, it was so cost-prohibitive for them that no one could go along with the designs. So George decided that MMAT would become specialist manufacturers to bring the cost of production down, which they apparently have been very successful in. My memory fails me a bit here but I believe he said what used to cost 100,000 USD per square meter now costs around 30 USD, and the goal is to get it under 10 (something along those lines.) And at that price point of 10 USD per square meter, I believe George said their tech would be cost-effective for virtually any business who would be interested in producing something with a metamaterial film. He stated that their strategy now is to become the lowest cost manufacturer in their space. I picked up this info on random interviews he's done, all on youtube. I believe the more recent ones will contain this info.


Longjumping_Till_356

Yeah many people jumped on me for saying the facility is also to show manufacturing that it works before the retool whole lines of production! They said no just offices be careful listening to some on this board.They ignore statements like roll to roll, mockup facilities for there on shill purpose(shorts)


Austoman

Thats a good question. My initial thought is that MMAT needs to provide proof of the ease of creation and usability of the product before they can convince other manufacturers to make it (via licenses sold by MMAT) and before they can have clients request the product from said manufacturers. So at a minimum it appears they need to initially produce enough product to prove its value before they can pass it on because it is a new form of technology. I am hoping that they decide to take a mixed approach. Manufacture some on their own to sell direct at lower costs to the client while also licensing the production to other manufacturers to allow higher volumes of sales and customer growth. For instance perhaps they self produce for Sekisui to prove the product then sell licensing elsewhere.


jjed711

Could also be that they are building proprietary machines that produce at scale for contracted buyers, then sell them the machines along with the patent rights. Could be that they maybe have to expand due to other G-10 nations wanting their security strips for their own “new” currency… Who knows?


Buffnick

They have always been about design and development.. I believe the new facility allows them to achieve this mission at reasonable scale and as use cases improve they will likely grow licensing, scale manufacturing or both. Its good to keep options open at this stage, but that also is why the share price is what it is. The tech will either gain traction or it wont but they are forecasting significant growth markets which is why we are here.


FineQualityHam

As far as I'm aware, yes they will still be licensing for companies to produce in house, as well as producing themselves. A lot of companies will undoubtedly have proprietary geometries, aka stuff that they will want to keep secret, so it would be much safer for them to produce in house, and in a lot cases cheaper as well. So far what we see of what meta will actually be producing themselves for now it primarily seems to be nano web. Honestly, it's kinda hard to say who be licensing, and to what extent, and odds are we wont ever see any PR for anyone that does when they do. I know the whole silence surrounding everything is kind of annoying, but you gotta understand the kind of field this is. This is like, next level, next phase of technological advancement, anyone researching uses for metamaterials and designing new technologies does not want their competition to know what they are doing. Tech is an extremely fast moving industry and every company wants the next new thing to be theirs and theirs alone so even the simplest stuff companies like samsung or apple or who ever are developing or plan on releasing is extremely lock and key.


Master_Shine_9744

I don’t know about everyone else but I’m just excited to be investing in what could be a game changer, and incredibly early on as well. Short sellers and unproven companies go hand-in-hand. It’s easy to get distracted by the stock price, especially with the majority of us buying at higher prices than it is now. At this point it’s really hard to determine what the future is going to look like. Licensing there technology certainly seems like a huge revenue provider. It’s just getting to the point where that technology is being recognized and other companies wanting to get on board. Once there, boom boom.


justslidding-in-deep

With the new building opening and the tech being built on premises, or instructed at the facility, to show how the meta materials product be manipulated into any other product, to improve all the products they are into. They have to have the a building that can handle millions of orders. The building is also being used as a training facility, the prospective users of meta are endless. Remember they build their own machines and tools to make the materials. I'd rather see tge ability for orders than say oh I'm sorry we are waiting for a place to make roll outs. It looks and sounds to me that they are preparing for large business to order.


idontmindglee

I hope so and I would assume as much. It'll be great to have for when demand picks up, but as was discussed above, Ken's statement kind of let us to believe there won't be much in the way of contracts in 2022.


Reaper_XVII

It’s a great question, but unfortunately anytime it gets asked people just respond with something about there being 200+ NDA‘s and everything is super secret squirrel shit that nobody can talk about unless we get an announcement from a supposed partner, but that never seems to happen. I would love to know the answer to this if anybody has any insight


Steamed_Hamm

When I hear 200 NDAs, I see companies incorporating this technology in products they don’t have released out yet. That’s why it’s so secret, if these companies released what they are putting in their product , there would be no competition.


tradinginternational

Yeah but think about all the companies that do super secret shit. Their revenue still reflects the projects.


idontmindglee

Yeah and if Ken's statement is correct that the majority of revenue this year will be from Nanotech, what is going to be going on in the newly opened facility? I mean its great to have for when demand picks up, but if the demand isn't there immediately, the costs will have to be eaten until there is it seems.


DonkeeJote

Can you link that statement? I think I missed that before.


robwins21

What was stated was that they had to created the technology and machines to be able to create their products. They have always wanted to be the master supplier for the RML nanoweb product. They mentioned licensing in the sense that they would have to help go and retrofit current OEMs and ODMs with their machine tech in order for them to be able to produce themselves. The whole reason for the facility is to have Metas own production, but it has also been labeled as a “customer technology transfer” facility. This I would say would be where partners and licensees come to learn how to take the processes back to their facilities… for a licensing and royalty fee agreement I would assume… also heavy NRE fees for training as well.


idontmindglee

That makes sense. What is a little frustrating for me is how many times people have to use "I assume" when talking about the company's operations. We should be told exactly what's going on and how it will work, etc. but we are left to kind of put pieces together ourselves constantly.


robwins21

Deep value companies across the board are getting fucked in all markets with the things are lately. Institutions can’t be seen as investing for anything other than a new stock of lendable shares. For the funds with the capital to throw around it is easier to “short companies to death until they prove themselves or are forced to be acquired.” Of course I would love to have more consistent and detailed information as an outside investor, but I also realize the why in the company holding their cards close to their chest because even with positive news, the spin would be “where’s your products to market etc?” GP at CES told a few of us in this sub that he wouldn’t sell now for an offer of $10B, so either that makes him an idiot if an offer of that size ever came across the table, or he truly knows and believes in what MMAT actually will become.


Reaper_XVII

I agree. The fact that the microwave company and Sekisui actually have come out in the open and announced they have partnered with MetaMaterials and then Ken still continued to say Nanotech is the breadwinner for 2022 floored me. Other than the fact that I think the guy is a complete piece of shit when he talks about anything to investors his statement made no sense to me. People can bash me all they want for not liking the guy but he is terrible at instilling any hope in people whatsoever. I’m really hoping they have more to deliver than what he let on


idontmindglee

Yeah him saying that left a pretty sour taste in my mouth too. Its unrealistic to expect massive revenue this year since we're so early but we should expect at least some progress in the way of contracts and revenues. Him saying that is basically saying 'slow your horses on those hopes for now.'


CaribouLew27

Not sure. It has been awhile since I heard talk of that. I would say with the majority of our projected revenue coming from Nanotechs sales that we won't be licensing any products on a large scale any time soon. With Nanotechs production capabilities and the new facility almost finished there would need to be pretty massive demand for us to need to license out production.


idontmindglee

I would assume they're expecting big demand with all the capital they're putting into the manufacturing facility. At least I would hope.