RE: 20-30 bags on a single notable contract RNS doable16 May 2025 09:53
Ethernity estimates that the value to a wireless vendor of Ethernity's existing FPGA based UEP-2025 offering is between $16 million to $25 million compared to developing the ASIC solution from scratch and therefore believes that it can offer significant value to these vendors. Based on valid quotes received from different sources, the Company estimates that the cost of conversion of the UEP-2025 code into an ASIC would be approximately US$16 million