The next 3 christmases I would consider key dates.
By Christmas 2022 I would expect a couple of EAP to contract conversions. And a minor flow of revenue, but most importantly some product/application reveals from Renesas, or others to validate the product further.
by Christmas 2023, a large portion of the EAP’s to be converted and a strong flow of revenue.
Christmas 2024 the product is proven and selling itself and revenue is flowing freely.
until then patience is required which some people have and some don’t. Disruption is not something that happens quickly.
and for the record the Renasas and megachips agreements and the recent Mercedes validation is a very satisfactory achievement at this point of commercialisation.
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