Micro-X Ltd (ASX:MX1)
A$ 0.06 -0.001 (-1.64%) Market Cap: 34.90 Mil Enterprise Value: 33.93 Mil PE Ratio: 0 PB Ratio: 3.16 GF Score: 0/100

Micro-X Ltd Presents at ShareCafe Small Cap Hidden Gems Webinar Transcript

Apr 08, 2022 / 02:30AM GMT
Release Date Price: A$0.23 (+4.55%)
Peter Rowland
Micro-X Ltd. - Managing Director

Good afternoon, and hello, everyone. If you'd like to put the next slide up.

So Micro-X is all about miniaturizing x-ray. This picture here just describes the concept. What you see there, the big white thing, is a conventional x-ray tube, about 25 kilograms. Our technology allows us to shrink that at the same performance to about 1.5 kilograms, which obviously makes the whole business of designing an x-ray machine an awful lot easier.

The next slide. So strategy in this -- we've got a breakthrough technology. Lots of people all over the world have been trying to develop this carbon nanotube x-ray source. We've got there first. The question is how do we monetize that. The answer is we're looking for very early commercial success and looking for the low-hanging fruit, the products that give the highest margin, by providing, with this new technology, the biggest customer benefit. We're trying to commercialize high in the value chain just so that we can leverage the margins that we earn based on the core technology.

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