RE:Let's consider changing the target ! This is why I'm very bullish on this tech. It has endless possibilities on different applications.
To suggest there will not be competition in this space is foolish but the market is so massive that 25% market share would still potentially equate to hundreds of billions in evaluation in 10 years.
Hot tube and swim spa industry - electricity cost saving by reducing the amount of motors and reduce cost of production would be the advantage over competitors.
Blenders - low speed torque advantages so they don't bog down and fry the motors. I've burned out a few with my shakes
Electric Ice Augers - low speed torque advantages that could reduce motor size and reduce weight. The lightest on the market is ION at 18 pounds they could reduce weight further and help reduce cost.
Mining - mining is going green not because it's cheeper but because it's easier to get environmental permit approvals. Many are starting to switch to electric vehicles to also reduce ventilation requirements for underground so we will see this market grow in the next 10 years. As you mentioned conveyor systems with Exro would reduce electricity costs and prolong motor life by high speed low torque low speed high torque requirements.
lawn movers - reduce tall grass bog and extend battery life to reduce range jitters
CO2 capture - This will be an emerging market due to the carbon taxes and Paris Acord requirements and Exro might be able to help reduce motor size on all those fin fans required for that process.
Golfing - was already mentioned. Can reduce cart manufacturing cost by having smaller motors or customer range improvements depending on the need of the customer.
Trains - companies using the tech could drastically reduce cost of new trains since they would require less motors for the same application or extend range.
motorcycle and ATV market - Already partnered with Zero who works with Polaris and LAND
Construction Heavy Equipment - Loaders escavaters and more
As the green movement moves on Goethermal will start to grow. They need to turn the generator the most efficient way possible to make power projects possible and Exro could help this market as well.
Wind Mills - more power production.
Bottom line people here are so keyed on Car market but in reality it's much more than that.
The partnerships are sound and sets the tone for a bright future if they solidify contracts with those partners in the future and will pave the way for a lot more in the years to come.
I could keep adding more but loosing interest :)
Cheers