We've been over this so many times.
Product development takes time.
Even with mature well understood technology, a new technology product can be 3 to 5 years in development.
Roughly speaking...
- You need time to undertake concept development.
- Write a business case and get the R&D work approved for funding.
- Time to build prototypes and test them.
- Refine the prototypes.
- Confirm the market acceptance and business case. Submit for management sign-off.
- Design the final product (can't sell it as a jumble of wires and chips - you have to package it in a presentable robust form).
- Develop a manufacturing strategy.
- Develop a marketing strategy.
- Launch at a trade show.
- Start promoting it to distributors etc.
- Sales start happening.
Add to the above the experimenting and learning curve understanding how Akida works.
And if the prototyping and manufacturing involves taping out and fabricating chips - that takes 6 to 12 months each time.
It's not a surprise to me that we haven't seen revenue yet. First product will take 5 years from whoa to go. When did the 5 years start?
But here's the thing. It's not just one company that is somewhere along this development path. It's multiple.
Many shots at goal.
IMO
DYOR
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