Ann: Response to ASX Price Query, page-184

Yessss....and that 1 product can be used in how many end use cases on a satellite and on how many satellites?

Agree, it is not a consumer throw away end product like a phone unfortunately but it is also not to be downplayed imo.

Complete hypothetical as none of us know the exact numbers as yet but play along for a mo.

if I said to you that I want to buy your SoC (1 product) but I need to put it in 5 devices on board 4 satellites (say out of 10 like the forecast report I posted) per day, so 20 SoCs pd over 365 days, so 7300 SoCs.

But these SoCs are pretty special due to power, weight, processing advantages as well as the rad hard and fault tolerant capabilities.

Question is what do they cost...$2 or $2k or...$?

What would be the net sell price that we get a royalty of?

So, 1 product still has the potential to multiply dependent on the "number of" needed and the sell price.

Same same but diff to your consumer product maybe needing 1 SoC product (basic non rad hard) but in 3 million devices pa.

The above scenarios are not to imply that's what will happen, it could just be one SoC per one satellite per year....who knows until we see the financials (as you say) probs in a year or so at least