Matt Gialich

And it's not a common thing for engineers to see.

Most engineers are like, oh, you know, what's the feature?

What's the requirement?

How much do I get out of this?

But like cost is a big part of what we look at on every spacecraft build we do.

I think there's a, well, I'll put it in three categories.

Yeah, so the metal, we're going after a commodity.

So the nice part is, it's like, we have about $8 billion in offtake agreements right now.

And they're kind of comical because it says, like, if you bring me $8 billion in platinum, I will buy it from you.

Like, it's really easy to sell this into the commodity market that will then be used.

So who's going to benefit from it?

Tesla, Boeing.

Nvidia, like every company that now has access to a U.S.

source base of platinum group metals.

I should make one thing really clear.

We have one platinum group metal mine in the United States.

It's in Montana.

It's called Sabine Stillwater, and it's recently been shut down.

So as of today, none of the platinum we have comes from the U.S.

Some of it is recycled here, but none of the new input comes from the U.S.