![]() Meanwhile, a top cloud provider’s test of Zinc8’s ZESS is scheduled to be completed in March, so ZAIRF stock may soon have a huge, positive catalyst. ![]() Moreover, as I stated in a past column, the amount of energy stored by ZESS can be increased without buying additional fuel cells. The company’s “zinc-air energy storage systems,” or ZESS, store electricity for eight hours or more, the company says. ![]() Further, with Ayro stock trading with a market capitalization of just $57,5 million, the shares are tremendously undervalued at this point. I believe that Wittenschlaeger will be able to get the company’s expenses under control.Īnd since Ayro had $77 million of cash and no debt as of the end of Q3, while it lost $12 million last quarter, he has some time to right the ship. Wittenschlaeger, who has a great deal of managerial experience in the tech and transportation sectors. Meanwhile, in September, Ayro hired a new CEO, Thomas M. What’s more, the company reported that it had received a total of $4.9 million of orders for its new Club Car Current in Q2 and Q3. Specifically, it has found a likely lucrative niche in the electric vehicle space that does not appear to have a great deal of competition and it is partnering with Gallery Carts, which has many top-notch customers within that niche.Īyro has been out in Wall Street’s doghouse in recent months because its operating expenses quadrupled in the third quarter versus the same period a year earlier, causing its losses to also balloon year-over-year.īut on the positive side, unlike many EV start-ups, Ayro is generating meaningful sales, as its top line last quarter came in at over $559,000. The company’s Chief Technology Officer, Michael Booth, has a tremendous amount of experience in quantum computing and supercomputing, while its CEO, Robert Liscouski, has a great deal of management experience - and likely many excellent contacts –in both government and the private sector.ĭespite all of these competitive advantages, the market capitalization of QUBT stock is just $91 million.Īs I’ve explained in past columns, Ayro has two huge advantages. So it appears that the company has first-mover advantage in the race to become the Microsoft (NASDAQ: MSFT) of quantum computing. Quantum Computing provides software that will enable companies to easily utilize quantum computing. ![]() Examples of the latter solutions include much better electric-vehicle batteries and objects that lower carbon emissions. The tech giant says that quantum computers will be able to easily solve issues bedeviling many types of firms and help create fantastic new products.
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