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Pro_v12001

09/01/22 12:43 PM

#113993 RE: tedpeele #113988

Are you missing the latest presentation that ML says we will get Foundry result in 2nd half of this year which is now?

Results mean they will tell us if they have accepted our PDK. That means they have been testing it and working it and making sure they can make wafers at scale using our material. This has been on-going for sometime now.

Once the PDK's are approved that means they are ready to go and customers can order wafers and that means we can participate in that revenue as every time they sell we get a royalty.