The company has survived an extremely difficult period for tech startups in general.

That speaks to management's skills when our fellow competitor Rockley, who gained backing from significant firms and even had Apple as a customer at some point, went under.

Throughout the R&D phase, the company has had a record of minimal spending while delivering tech breakthroughs, showing the investment community their financial disciplines.

On the road to production, the company has secured important initial customers: ADVA and LuxShare, for 100G all the way to 800G product lines.

I trust that this team will continue to navigate the company successfully through commercialization this second half of the year. New JVs for production outside of China, partners for wearables, lidar and AI verticals, additional POs (especially coming from NA customers) for existing datacom products are all on the cards.