Whom do you ask for an evaluation?
When you ask your engineers what they think, please keep in mind that LTG technologies are a new paradigm in hydraulics...
It is not fair to ask them how it works... it is unconventional and outside current fluid power/hydraulic mind sets. It will take time to understand. You would not expect an electrical engineer 80 years ago working with vacuum tubes to explain a transistor circuit.
Ask instead for levels of excitement and what immediate applications they foresee.
Ask if the technological risks are particularly daunting. Where given the go-ahead and support of your organization and the cooperation of LTG, they would be reluctant to move forward.
Time to market is LatchTool's overarching driver. The technology transfer phase in a partner/licensee relationship will address the technological subtleties of how and why.
Why has it taken so long?
Innovation takes time2. It has taken LTG time to:
Identify key technological obstacles and discover solutions,
Prove the solutions reliable and optimal,
Prove there are no hidden or fatal flaws in the systems,
Prove the technology is robust and holds up over time,
Prove the sustained resourcefulness of the LTG development team,
Prove the key technological claims can be patented,
Prove the versatility of the technology as a basis for new products,
Prove the manufacturability of the technology,
Develop a defensible IP portfolio and strategy,
Develop the business model and assemble the team to execute, and
Overcome resistance to change and innate skepticisms.