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Get off the sunbed dallo!
Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) hardware for accelerating telco/cloud networks, today updates on successful live field trials for its UEP-20 (universal edge processing) product equipped with wireless bonding technology.
A global OEM customer has conducted field trials for Ethernity's UEP-20 product with a US-based ISP (internet service provider). We are pleased to report that the unit passed the field trials, with bonding successfully performed on a variety of products from multiple vendors, indicating the ability of the solution's interoperability and flexibility.
The Company anticipates that this will lead to orders in excess of 1,000 units for its UEP-20 product, with deliveries commencing in Q4 2021.
Ethernity will be further exhibiting its wireless bonding technology and UEP products at WISPApalooza 2021, at kiosk K07 at the Paris Las Vegas, from 11 to 14 October 2021 to an audience of North American ISPs. WISPApalooza is a premier event of the Wireless Internet Service Provider Association, with over 2,000 attendees.
Who didn't see that coming. It was definitely on the table and we have at least 4 more product trials in train now. All will lead to immediate sales. DU trials will lead to huge volume sales
And people sell, unbelievable.
Well done ENET.
Those trades were probably on limted orders waiting to complete. They will be regretting those.
$6m for a 1k orders I think is too much
Yeah stupid. We know how much these units are. Between $930 and $1500 a unit. We also know that the $6m target was likely to be $1.5+m undershot.
Hi TL, the units are not that much. This is UEP-20 I would go for less than half your lower band estimate there. Also, if it had changed the estimates by more than 10% they would have had to notify, so we are not talking huge swings here. Great news and validation, but not massively revenue generating (yet).
Exactly, that's why $6m is back on for H2 2021. Goodness knows what revenue H2 2022 will bring, I'm not guessing that's for sure!
This is just an anticipated order so they wouldn't go into possible unit prices or have to notify - maybe once the order is confirmed we may get full details (or not seeing as it's Enet). All these orders are starting to add up, a couple of weeks wait before they confirmed possibly!
Bid I think that if you check what we already know then you'll see you are wrong.
No we'll have to agree to disagree here, 400-500 USD much more accurate for uep-20 in my opinion
Any big sells going through?? End of 5G?? Lovely Friday GLA
Unfortunately for you Bid you are at a bit of a disadvantage. A vanilla unit is a bit cheaper but that's not where Ethernity are headed with this.
We know that 900 units were $1.5m including development. Any product sold will need development for integration. We know that it will be used as a multirole device. It's important to understand that this is unique in the marketplace and right now these problems are being faced. Other solutions are lower performance and more complex requiring additional links in the chain.
Ethernity said in the full year that they expect $800k to $1m from UEP-20 in the next 12 months. It's fair to say that window is now much shorter but the values are similar. We know that this is likely to be manufactured in India.
This is a method of data transmission not the means so user cases are from the Tower to the data center wherever data is transferred by wireless or cable.
Whatever price we get, it’s a great endorsement.
A global OEM customer.
Successful field trials.
A US based internet service provider.
Orders Q4 2021.
Stands to reason if one ISP is going with our kit, then it will certainly catch the attention of others when we exhibit to 2000+ ISPs.
Also an RNS on a Friday
Global OEM yes but with an engaged ISP. Now it won't be their only engagement for sure. We are facing an explosion of data movement and Ethernity has the method to do that. Unique.
Certainly agree with that. It works and it's scalable and the market is massive, however our market cap is not!
Exactly and there in lays the reason we are here anticipating a minimum 10 x rise over 18 months.
I think 500-1000$ per unit makes sense, but the significance of this deal is beyond the numbers!
And 1000 units only the v. beginning. Enet is starting to look like a potential monster! We didn't have this a year ago, and I hope/expect many more announcements during the end of 2021...
So what are you basing that on. The UEP-60 and UEP 20 deals so far have been 930-1600. As this is a unique product I don't understand your thought process.
I know that the rewards are split with ongoing license payments for using the unique technology. UEP is a family of products for multiple roles. None are hardware the units are the method.
I was told just last week that $1000 buys an empty box. They clearly knew about this contract.
Just caught up with this, brilliant news.
Thanks to all the great posters on this BB, what an informed an more than useful board.
We look set fair, risk now here looks very low, imo, reward is mind boggling. It’s in massive buy territory.
I’ve added recently and could well do so again.
These events make a lot more sense now. The ISPs are very receptive given the challenges they have ahead.
Ethernity are very well placed indeed.
Ethernity will be further exhibiting its wireless bonding technology and UEP products at WISPApalooza 2021, at kiosk K07 at the Paris Las Vegas, from 11 to 14 October 2021 to an audience of North American ISPs. WISPApalooza is a premier event of the Wireless Internet Service Provider Association, with over 2,000 attendees.
Super week. Over the weekend some will pick up on this.
Yes, cracking week. Onwards and upwards!
Have a good w/end everyone.