My spidey sense tells me that this Anadigics bidding war is causing delays and that's not something this management team could have predicted.

They had planned to announce a Tier 1 VP in the fall but didn't and that coincides roughly around the time that Anadigics was made an offer and the bidding began.

I think they also planned to release more details in the CC for January but they can't until Anadigics gets sorted out.

In my opinion, I think once the dust settles on this deal with Anadigics, there will be a lot more clarity around contracts, timelines for prototypes, and possibly even who the unnamed partners are. Until then, unless they're looking into other places than Anadigics, I don't expect we'll see much news.

-Leth