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Richard_LaRiv

07/27/22 1:28 PM

#110285 RE: Pickle Power #110283

Completely agree. I did not mean to insinuate LWLG's progress was reliant on the CHIPS Act. Quite the opposite. LWLG's technology can be produced using existing foundry tooling and processes in current foundries. The intent of my post was to highlight the CHIPS Act will accelerate adoption across many additional market verticals as well as reduce time and cost associated with current R&D PDK development with foundries.

For example, LIDAR is not forecasted for wide spread adoption until closer to the end of the decade. But, if the new foundries that will be built for this new market can be accelerated, this will in turn accelerate LWLG's adoption into this LIDAR vertical as well.