Scandium Collaboration and Heads of Offtake Agreement
Dear Clean TeQ News Subscribers
Please find attached HERE an important update from the company regarding a new scandium offtake heads of agreement and collaboration program with Relativity Space, Inc. to develop applications for scandium aluminium alloys for 3D printing of rockets.
As per the article linked below, both aerospace and automotive are progressing towards lighter, more corrosion resistant and durable alloys. We expect that Al-Sc alloys, with their demonstrated track record in critical defence and military applications, will be a front-runner in this space.
https://electrek.co/2020/07/21/tesla-cybertruck-elon-musk-change-alloy-electric-pickup/#more-141371
Regards,
Investor Relations
Clean TeQ
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