Exciting Updates Happening at Rayton
May 1, 2022
So much has happened since we last talked!
We’ve officially reached the Beta Phase of our production process. This means we’ve received the world-class particle accelerator needed to move into a high-volume manufacturing phase.
This is a huge step forward in terms of production and revenue.
To paint a picture, the equipment, which came to our new Irvine, CA, headquarters in December, required a 10-ton forklift to move from the truck to the warehouse.
Once it was inside the warehouse, we then had to get it assembled and hooked up to high voltage power. It’s critical that every single piece of this equipment is installed correctly, which requires diligence (and patience) on our part.
Our next step is to begin testing the equipment, which could take another 8-10 weeks. While this is happening, we’ll continue moving forward with some of the other exciting aspects of the Beta Phase, including the completion of a quarter ton custom magnet that will allow us to stay at the cutting-edge of our industry — doing what no one else has done.
We’re also enjoying our new home in Irvine. This area is filled with other companies in the industry and offers plenty of room for growth, which is something we anticipate needing down the road.
I believe we’ve got plenty more exciting things on the horizon, so be sure to stay tuned and keep an eye out for more emails in your inbox.
We are sorry we have not been able to respond to the comments on our campaign page with regularity. We have been diverting all funds and effort to getting the accelerator installed. We value our investors and do not want anyone to feel like we have not been forthright with them. Current material information has always been available in our regular filings with the SEC, including our annual 1-K and C-AR filings, and semi-annual 1-SA. With the installation of the accelerator, and our ability to rededicate funds into marketing, we intend to launch a new website by mid summer as well as bring on an outsourced team to respond to all the questions/comments. Thank you for your patience and understanding.