Suit Sluice
The story remains familiar: some doors opened, some stayed closed, and some turned out to lead somewhere entirely different than expected. Progress continues. So does drag. The difference now is that we increasingly know which is which.
The last few months were supposed to be about consolidation. Instead, they became a lesson in sequencing. Some things arrived later than expected. Some things arrived stronger than expected. Most things simply require more patience than anyone involved would have expected.
Step by step through good and bad.
Structure
The direction established at the end of May remains intact.
Academic partnerships, pilot deployment, consortium work, and product development remain anchored in the UK. International opportunities continue to develop in parallel through the broader framework now available to us. The major round remains in finalisation with origin documentation finally cleared. The direction is not unclear, but because execution still needs to catch up with intent. The same applies to several structural actions currently waiting on the same capital and booking sequence.
We remain optimistic. Reality still gets the final vote.
Regulatory
The current accounts remain tied to the conclusion of the ongoing asset injection, tax advisory, legal consolidation and liquidity sequence. The books should reflect the company we are actually becoming, not a temporary snapshot taken halfway through a structural transition and testament to our occasional follies. Waiting in a room that isn’t yours is rarely exciting or productive, especially if your appointment was yesterday.
Grant Tracks
Planning for Round 12 continues to shape individual sparring with all related partners, regardless of the practice. The additional runway has improved alignment, work-package definition, and delivery realism across the consortium. Adding to Innovate UK's workshop exploring the future of Non-Destructive Testing and Evaluation technologies. Reliability, inspection, predictive maintenance, and condition monitoring remain increasingly relevant as engineering systems become more complex and more autonomous.
Sometimes the most important technologies are the ones responsible for telling you when something is about to fail. Ideally not after the fact.
Product
Recent work reviewing historical piezoelectric control-circuit architectures continues to clarify practical constraints around charge capture, regulation, system integration, and MVP deployment logic still. Turns out we were not allknowing after all, but the business case sharpened. We drop the application angle to communicate: Our core is synthetic crystal production and this will be the driver for innovation around the base material. At the same time, discussions with the Manufacturing Technology Centre (MTC) continue this week around manufacturing realities, scaling pathways, testing infrastructure, and future production strategy.
A roadmap that survives criticism is worth more than a roadmap that survives presentations. We’re on a good way.
Operations
The number of unknowns continues to shrink, even if not all dependencies have disappeared yet. The round remains the primary gating factor for several parallel actions, narrow roads still lead somewhere. Due to our ongoing orientation we are invited to move into the application for the World-Economic-Forum Technology Pioneers 2027 AND we have been granted a complimentary membership, making KCM officially a member of the WEF Ecosystem and Network in 2026, giving us opportunities in collaboration to support UN Agenda 2030.
Sidequests
The last weeks have been encouraging on growth and structure, while we wait for the main story to unlock the next dungeon. Just a few transient highlights of what is relevant:
Four MSc researchers from the University of Birmingham have now formally joined ongoing open-source projects focused on evidence traceability and engineering-document intelligence. We are honoured to support their work and grateful for the trust shown by our academic partners.
Future Aero Lab Session in Berlin, hosted at the Lufthansa Innovation Hub. The format delivered exactly what it promised: direct conversations, useful criticism, and practical feedback.
Discussions surrounding the Cross-Sector Battery Showcase, Regulatory Science and Innovation Summit, and broader Innovate UK ecosystem activities.
Meanwhile, discussions surrounding future growth pathways received an unexpected boost through outreach and conversations with senior financial and regulatory figures. We look forward to the scheduled follow up-discussions before Q3. The long-term conversations are increasingly interesting and motivating.
Outlook
The objective sequence remains unchanged.
Injection Booking —> Account Completition —> Valuation Publication
Not that every problem has been solved, but enough of them have for us to plan ahead. Currently we expect the next quantum leap and consolidation step to be concluded by end of the month.
TLDR
Progress continues.
Drag continues.
The gap gets smaller.
Looking forward to this week results, even a broken clock is right twice a day, so persistence is the key to compensate our inherent obligations.
Energy. Time. The Future.
— The KCM Team 🚀
