I know we this has been discussed a bit here, but I have read it over a few times and the part about licensing for NRE's and transferring our IP over to me seems it might be another foundry, one that would design and sell products and we get some type of NRE fee.

What makes me wonder about this is, if we get a NRE fee, it is usually for the design work, we have a foundry already to make some products (Wavetek) so why the need to transfer IP?

what am I missing? Maybe a GF connection?

11:04 – To capitalize on these megatrends, we’re also working to accelerate our evaluation of an expanded product roadmap to include both displays as well as sensing technology. We have received very specific interest in these applications from prospective customers and actually are in advanced discussions to license for NRE fees and transfer our proprietary integrated Planar Opto-Electronic Technology. Included in these talks is the proposed establishment of a platform for the development of integrated sensing applications.