What Peter van der Made had to say, page-15

https://d1io3yog0oux5.cloudfront.net/_034a2465246c0a5389b69b0b1e9b4dff/brainchipinc/db/217/1647/pdf/Socionext+Memorandum+of+Understanding+Executed.pdf
The MoU with Socionext marks a major milestone in the development of the Akida NSoC, setting out the basis on whichthe companies will negotiate a definitive agreement to deliver a physical Akida chip. That agreement is expected to be finalised within the coming months, although each of the parties is undertaking necessary preparatory works in the interim. Anil Mankar, BrainChip Chief Development Officer commented, “After a great deal of investigation and diligence, it is clear that Socionext has the commitment, competency, intellectual property and desire to work with us on the implementation and launch of Akida.This is a complex design that requires close collaboration with our design and manufacturing partner.

@discerningstarter ,well Peter has stated that Socionext are still working with/on Akida that's a validation of its potential and do you comprehend what "undertaking the necessary preparatory works in the interim" means?
@trothlis ,"This is a complex design that requires close collaboration with our design and manufacturing partner. "