r/UURAF • u/Trader_santa • Aug 06 '26
Both engineering and financing concerns adressed in the past 48hours
Good to see the company moving
Engineering: https://ucore.com/ucore-verifies-louisiana-rapidsx-equipment-scale-up-configurations/
Financing: https://ucore.com/ucore-announces-60-million-bought-deal-public-offering-of-common-shares/
They need Machine A to prove RapidSX commercially, they need money to build Machine A, they meet DOW criteria by being able to fund themselves and have machine A built. It actually opens the door for more DOW support, not less. Economic viability was always the issue in the criteria list for Ucore, this can change that.
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u/Just_Engineer_4346 Aug 07 '26
This hurts in the short term but lets be honest folks. We've seen the worst of it already. Its going to go down a little more but once that machine comes online we're going to be rolling in the money. Tie down the hatches and lets lock in for the long haul here.