As expected this release verifies what I said about the expanded space in the Top Three Red Flags sticky.
No surprises. It just doesn’t feel like they are moving closer to any kind of meaningful commercialization. Almost 3 months since the “announcement” and no revenue yet?
They will be producing more materials for their ongoing research and work with Polariton, a tiny company working on a new approach. And more vague statements about ongoing multi-year testing on chips that come out of a Foundry.