Velocys’ signing of a commerical agreement with Toyo under a
technology licencing model proves both the technology and the
commercial model in our view. The demonstration project has now run
successfully proving the technology at that scale. The decision to move to
a commercial agreement, with Velocys having received an advance fee as
part of the deal, proves that the company can operate a capital light
model with early revenues ahead of project development. We see the
decision by Toyo to procee ....
08 Feb 2021
Proving the Technology and the Model


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Proving the Technology and the Model
Velocys plc (VLS:LON) | 6.0 0 1.5% | Mkt Cap: 63.8m
- Published:
08 Feb 2021 -
Author:
Adam Forsyth -
Pages:
6 -
Velocys’ signing of a commerical agreement with Toyo under a
technology licencing model proves both the technology and the
commercial model in our view. The demonstration project has now run
successfully proving the technology at that scale. The decision to move to
a commercial agreement, with Velocys having received an advance fee as
part of the deal, proves that the company can operate a capital light
model with early revenues ahead of project development. We see the
decision by Toyo to procee ....