| I'm inferring (because I don't have detailed knowledge of the manufacturing processes used)that, since they have 3 year old Perkamine samples that tested well, and now have 100 components that were tested during manufacturing, that there is a high degree of confidence that the material will perform as expected. The PR says "These proof-of-principle prototype Phase Modulators, which were produced in concert with our strategic partner, are in the process of being optically and electrically interconnected for electrical and optical performance testing." If they built finished modulators, wouldn't they just need to plug them in to a circuit board to see if they work? There something here I don't understand, but that's not unusual for this company, given the nature of the technology. In the last 10-Q, they said "We expect an initial prototype of a functional phase modulator that utilizes our prototype photonic chip to be completed by the end of the third quarter 2009, and we anticipate completing the development and building of functional prototype 40 Gb/s and 100 Gb/s modulators during the first and second quarter of 2010." So there is more work to be done until a functional commercial device is ready. All in all, today's PR is important, because now they can bring in other parties and demonstrate their tech. This should lead to more positive announcements over the next several months. |
