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Message: TerraE and Fab4Lib project.

Yes.  They started assemblying production equipment 6 months ago using the pilot line equipment Electrovaya had in Mississuagua.  That is why the building is empty.  They shipped the line to Germany.  It is assembled in Ulm, Germany.  The project runs for 18 months.  Regular production scale is due to start up in 13 to 15 months.  The timing is right.  This pilot will test the automation so the code can be transported to the production scale process.  They will also prove out costs (feasibility).  Have to keep the bean counters happy.

While we wait Electrovaya will soon announce a new product, hopefully a PO for the new product too.

Looks like things are on the upswing......?

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