Commercialisation advanced for both Stereax and Goliath battery lines, with Stereax generating initial revenues and Goliath 10Ah prototypes validated for defence and e-bike use. Losses widened due to higher R&D and production costs, but a £5m equity raise post-period strengthens the balance sheet.O…
Commercialisation advanced for both Stereax and Goliath battery lines, with Stereax generating initial revenues and Goliath 10Ah prototypes validated for defence and e-bike use. Losses widened due to higher R&D and production costs, but a £5m equity raise post-period strengthens the balance sheet.
Original document:
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
