That makes sense, a year ago they were in a ''show mode''. They have met some big cap players and they were asked to be at sub-100nm before going to the next step. They reached it at the Uconn lab. Now they need to prove the process in a true manufacturing environment.

''Mr. Peter Copetti, Executive Chairman and interim CEO, noted, "We are extremely proud of how far our team has come. We are now at a point where the capabilities of a third-party foundry are required for practical demonstration, as well as subsequent third-party validation. We look forward to proceeding on this basis." link

On another note, I am surprised that we have not heard about the Prototype Initiatives in the last news release. Maybe we will have an update/completion soon?

The Company's 100-nm scaling and prototype initiatives have successfully achieved a culmination point where transition to a third-party foundry is now being negotiated.

The prototype initiative aims to put together several key device building blocks, all with integrated optical and electronic capability, into an integrated circuit ("IC") or array of ICs. Development of the two initiatives have proceeded in parallel so far, but are technologically linked.link