We published a bi-weekly update at the end of December in the forum. If you missed it, please check it here first and then read the following content.
I. Customer feedback of the first 2 units of IVI 3D printer
2 printers are working properly on 2 beta adopter’s hands. Thank you Alex and TJ Weber for putting time and effort into the testing when both of you have busy work to deal with. Here are feedbacks from them. The first video is provided by Alex, and the second video is made of the pictures & videos provided by TJ. The feedback fueled us greatly. We feel the complicated design of the IVI 3D printer paid off finally. We hope these videos help you get a better understanding of the IVI 3D printer from a user perspective.
II. Shipping time of the trial-produced printers
We’ve sent an email regarding Beta Test Program to the first 21 beta adopters in early January. Several backers haven’t answered the email, we are trying to reach out. And this won’t affect shipping, because we need to ship the printers to America firstly and then start local delivery. We expect to ship the trial produced printers out by this week.
Meanwhile, we’ve contacted several shipping companies to find the best shipping solution. According to the shipping companies, the shipping time (sea shipping + local delivery) takes about 40 days due to the epidemic.
III. Mass production preparation
Raw material preparation: We are evaluating existing suppliers to select reliable suppliers for mass production, and then start bulk purchasing.
SOP update: Production SOP need to be updated based on the latest design, and it will be finished by this week.
Mass production conduction: given the feedback from users, we should be able to start mass production by late Feb or March.
The printers for other beta adopters will be produced in the following mass production.
IV. Financial Status
After negotiation with 14 potential investors, we received 2 pieces of Expression of Interest from 2 fund companies.
Besides, there is a tech company highly interested in us, and this company can offer both capital and resources to help us along the way. They already finished the evaluation of this project and they are experiencing the IVI 3D printer currently. We expect to confirm the cooperation next month.
Overall, based on the customer feedback we collected so far, backers are basically satisfied with the IVI 3D printer. Next, we will keep working hard to promote production and delivery.
We all know it has been a long waiting, and we still want to say thank you for backing us. We can hardly make it without your support. Your support from the beginning made this thing possible. Your support during the journey helped us overcome the difficulties and setbacks. There are always warmhearted backers put forward to genuine suggestions from any aspect that might help this project survive or answer questions in the community when we are not so responsive. There are backers who offer professional help on our design. They are backers who worked hard to test the IVI 3D printer. We told them it is important to test the main functions of the printer in a short time because there are many backers waiting for their IVI 3D printers.
It is all of us make IVI possible, and make it better.