Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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Message: Does this sound like more delays?
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Here's your answer Waving, and it sounds like there won't be any delays.
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May 15 20F filing:

The Company expects that the First Phase of commercialization will generate non-recurring engineering revenue with partners, foundries or both with an initial prototype device anticipated to be available by Q4 2014 into Q1 2015


June 12 20F filing:

The Company expects that the First Phase of commercialization will generate non-recurring engineering revenue with OEMs, foundries or both with an initial prototype device anticipated to be available by the end of 2014.
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