Is it Crowdfunding?
No, not really. We strongly considered crowdfunding the H-Series to take advantage of two benefits: getting a clear indication of the appetite in the market for the product, and funding the manufacturing. The Early Adopter program, which is very limited in the number of units sold, allows us to get the first benefit (we can see how many people are interested in the product), but is not sufficient to achieve the second. Instead, we get something much more important to us: constructive feedback from a talented and understanding group of users. This sounds like a Beta tester program, and in a sense it is, but we don't want to give the impression that the product is unfinished. The H-Series as a completely designed, high-functioning piece of equipment. Of course changes are possible (and likely) based on feedback from all of you, but the machines you will receive are production units.
So if the Early Adopter sales don't cover manufacturing, why not take a smaller "down payment"?
The machine is expensive and we didn't feel a smaller amount would reflect the actual willingness of customers to pay for the machine. Having that information is critical to us. Besides, the Early Adopter sales will pay for some manufacturing. We enjoy, and take great pride in, having full control of Diabase Engineering. We are loathe to take on investment or even a bank loan. The less of that we need to do, and the more "naturally" we can grow, the better it is for Diabase, and ultimately for our customers.
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