Milestone plan needed!
posted on
Nov 04, 2016 05:53AM
Fairchij: You need to have another listen to what Suresh said at the beginning of the presentation. The AOC is expected to be delivered to customers in 2017 for evaluation...It has been talked about here a few times. Commercial level production for deliveries are expect in 2018.
Yes, from 00:06:43 on, Suresh speaks about the typical "gap of time between successfully demonstrating a functional device and commercial revenue from volume production. Between these two milestones there is additional product optimization, customer evaluation, customer qualification and ultimately establishing distribution channels". However, he doesn't mention 2017 explicitly as being the "gap year", although this is quite likely what he meant and would be in line with what we are thinking regarding export permit delays and Wavetek production run delays.
Which made me look up again in the presentation deck what Suresh expects for which year. Here's an overview:
2016:
2017:
2018+:
What we need is a much more detailed and specific milestone plan. For example, active optical cables are targeted for 2018. However, not only has that target to be specified more clearly, i.e. what are the measurable criteria for having met the target, POET should also explain what the milestones on the road to this target are and when they most likely will be met, in order to enable us to clearly recognize advances and/or delays.