I guess me - or better we - have to go back to the CIC video / transscript to analyse it under the newest info we just received:

I am very sure that the POET team was in London for discussions / finalysing this new contract with BAE. Assuming the lab to fab transition was with BAE, the preparation of these two milestones... all the POET crew we could see in this video was for sure full of the discussions and impressions they received during this BAE visit. Their drive, their optimism and their projections, most of their statements have to be seen in this new light!

I know it from my own R/D work: Nothing is more valuable then a trustful relation with a project partner. Thank you fairchij to remind me, and to tell us about this historical relation. It seems Dr. Chao is a sole mate of Dr. T.

I am expecting also NRE from this cooperation: The real low hanging fruits I can see at BAE. They do not care much about node size, so they could develope real POET chips for their applications since many month - even years. Next week we hopefully will see!