Georges Karam
Yes, I mean, on the Massive IoT, absolutely. What we are seeing is really strong demand on existing platforms. So I mean, somehow the ramp is happening. We waited very, very long to see, to start feeling this and it's happening. I don't know if it was the COVID was delaying this a little bit last year and finally, post-COVID even if we cannot talk about post-COVID but let's say the new normal, but we're seeing demand. But the good news there as well is, what you mentioned, our Monarch 2 platform is getting very, very strong reception in the market.
If you remember, we spoke like in Q4, about more than dozen of projects engaged with this and if you look to those projects, 90% of them are design wins today and we have a new project engagement. So I have two feelings if you want, on one side, I'm feeling like the customer making decision quicker and moving to their project faster, which is if I compare it to last year, I don't know if them moving faster or just only because we have a greater product and they jump on it quicker, but the two are contributing to make things to move faster.
And in terms of timeline of the revenue for this, obviously, some of them will remain longer run, which is more revenue next year, all those big projects, they tend to take more than 12 months to get the product ready, because big customers, big company and they want to go through all the qualification process. However, we have some of them generating revenue already. We mentioned that we have order already for shipments in Q2 on Monarch 2. So Monarch 2 will be shipping to one customer at least in Q2, and others will follow in Q3, Q4. So we'll see revenue from Monarch 2 this year definitely, in addition, obviously to the Monarch 1.
And on CBRS, really the traction and demand remained the same. I could not give more. I cannot say more than, we mentioned a $1 million per quarter. I have the feeling that this, we could have some upside there. Give me one more quarter, I will say more about it if really it’s in hand or not. But for the time being, I would like to stay a little bit conservative, saying it's developing and developing great and we're seeing a lot of opportunity every day. By the way it's developing with the new demand, but I need a little bit more time to see if this will convert to the size. The order of magnitude of customer will be the same. |
