Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

Free
Message: Re: Commerical Partnerships seem to next
15
Apr 29, 2020 07:35PM
20
Apr 30, 2020 02:05AM

Just a reminder from the Mika Q & A portion of the Investor's Conference in early April:


[23:55] Does the company expect to secure additional development projects that will continue to contribute NRE revenue during 2020...

"Absolutely yes we do expect additional NRE revenue during 2020. And all of that is going to be related to actual product sales in 2021."

 

If I'm reading the quote correctly, there is Non Recurring Engineering which will be tied to actual sales of the Optical Interposer (hopefully on a large scale) which depending on the model, should mean additional revenue.

Share
New Message
Please login to post a reply