A Celestial IPO makes sense this year to take advantage of the AI mania IF they were looking for capital in the public markets. Raising capital does not seem to be an issue for Celestial since they have raised almost the equivalent of POETs market cap.
I don't know how much Koch has put in but I do assume them to be a proxy for all Celestial investors and Kochs preferred structure is privately held companies that can focus on long term growth. I don't see a reason for Celestial to ever leave stealth mode (for the investing public) if this is the case. With that stucture I don't see Celestial getting us the revenue guidance we are looking for, at least not initially.
Where are some of the other irons from the fire, like ADVA and Fibretop?