"Panorama continues to assess manufacturing partnerships, with...

"Panorama continues to assess manufacturing partnerships, with batch manufacturing testing underway with leading MEMS manufacturers CMC (Canadian Microelectronics Corporation) and IMT (Innovative Microsystems Technology)."

Just re-read the announcement, is this the first time PSY has mentioned CMC and IMT? Here's a bit more info about them two:

CMC:
Leading-Edge Tools, Technologies & Solutions:
Access products and services for designing, prototyping and testing your ideas and leverage available support to create a fully working proof-of-concept prototype.

Opportunities for Networking, Partnerships & Collaborations:
Interact with experts from across Canada and around the world. Jump-start projects, accelerate discoveries and help set technical direction.

Support to Translate Research to Commercial Success:
Access tools, technologies and expertise for commercial projects. Take your research from conception to commercialization. Train on the tools and infrastructure relevant to Canadian industry.

IMT:
Recognized in the industry as the leader in complex MEMS and foundry services, Innovative Micro Technology (IMT) offers true turn-key foundry service from design and development to prototyping and volume production.

IMT is the premier turn-key MEMS foundry and contract manufacturing service provider, offering high-volume production capability and expertise in fabricating complex MEMS. Under the industry-leading quality and process control systems, IMT builds on our production track record of shipping millions of MEMS devices. More important, IMT continues to innovate, offering technology modules and platforms to reduce product development cycles.

Does anyone else get the feeling that PSY has been having ongoing discussions with companies that are interested in LumiMEMS, but the only thing that's holding them back on signing a contract is PSY not having the final product manufactured already. So once the batch testing is proven to be successful, it will open the flood gate for the contracts to start flowing in.

Maybe at this point in time, PSY doesn't quite have the credibility yet for bigger companies to want to work with us to develop a more customised sensor, therefore, they'd just want the chips and develop it themselves. But as for companies like ERJ, maybe they are small enough to be able to take on the risk with us and try to innovate something that is disruptive, and a company maker.