RE:hpqThe current path to full commercialization envisions up to 24 months. Various kinds of agreements can be signed at any point but I think there are many that think that full/scale commercialization would be achieved after additional testing and validation of some signatory party or parties that it is all good and they wish to proceed. If everything goes well, still have to replicate those results while scaling up, etc. Not gonna be all figured out and ready for full production anytime in 2025 based on my understanding of quick notation of timelines.
And this is not abnormal when you hear about so many other companies results of their work, many concluding they are ready for commercialization yet those plans have then full production in 2026 and beyond.