As the market becomes more aware of our products, they’re being adopted by more of the top tier OEM’s and mining houses. In this, we recognise the need to position ourselves for future growth. Resulting in a move that situates us in an upscaled facility for manufacturing.
Part of this process is so that we don’t need to rely on third parties as much. They have been known to cause bottlenecks in our production line, all too often. This might be over something as simple as a part worth a few dollars. Sometimes we might have to wait up to two weeks to receive!
So we are looking at adopting some vertical integration principals into the move. To provide us with more control over our critical path, in-house.
Here is an interesting article that I came across about vertical integration and The Tesla Story:
“Only a fool learns from his own mistakes. The wise man learns from the mistakes of others.”
― Otto von Bismarck