WORLEY AND NANO RELATIONSHIP The Worley connection will prove to be extremely powerful and profitable, and it may just be further down the road than we may have first imagined. And this comes down to the "news flow" from Nano. One of things I like about Nano is that they put out news only when there is news to put out. They are NOT one of those fluff companies that just shamelessly self-promotes. They are flawlessly prudent. (To be sure, this also drives me a little nuts sometimes, but in the end I'll always defer to this prudent apporach.) Anyway....
I think that the Worley connection may in fact be much farther advanced than we may have first suspected. Note that Nano only announced the Worley deal on May 2nd of this year. So all of us think "great!", but of course there will be time needed to work through plans. Fairly, at first blush, we think that the May 2nd news signifies the "starter's pistol" that the race has begun. Well, not true I think. In fact, I think that the relationship is far more advanced. Why? When you click on the URL for the Worley report, note the following in the URL, but don't click on it: https://www.worley.com/-/media/files/worley/insights/our-thinking/resources/worley-batteries-policy-report-2023.pdf.
First, notice in the URL that it says "Policy Report". Second, notice the date. 2023!! NOT 2024. 2023. Now, why is this important? It shows that Nano and Worley have been working together for MUCH longer than the May 2024 Nano release would suggest. Not only was this policy report produced in 2023, but there is a TON of language that is pointing directly to Nano....my favourite being on page 8 (right hand side) where they are using Nano's EXACT language of "Design once, build many". This specific "Nano language" is really worth reading again. Again, page 8, right side.
So my point is this. Nano, being overly prudent as they are, only announces in May of 2024. But if this report from Worley is 2023, as the URL suggests, then the relationship AND THE PROGRESS, has been going on for MUCH longer than the May news release might at first suggest.