Member Info for Kooba

Apple’s spec list

Sensors

Two high‑resolution main cameras

Six world‑facing tracking cameras

Four eye‑tracking cameras

TrueDepth camera

LiDAR Scanner

Four inertial measurement units (IMUs)

Flicker sensor

Ambient light sensor

That’s a pretty old article I’m sure has been mulled over by many over the past six months since it came out July last year and pretty sure details of exactly how the sensors manage to achieve the performance are not covered..i can’t say it gives more of a clue whether Nanoco materials are involved or not..but does give an idea of quantity per headset that again has been previously discussed.

IR Camera – The presence of an IR camera on any device plays a key role in being able to do the job of a camera when the camera can’t. IR sensors work in absolute darkness too, giving them a significant edge over conventional cameras. That’s why the headset has 4 IR Cameras on the inside, and an undisclosed number of IR cameras/sensors on the outside to help the device see despite lighting conditions. The IR cameras inside the headset do a remarkable job of eye-tracking as well as of building a 3D scan of your iris, to perform Apple’s secure OpticID authentication system.

Illuminators – While these aren’t sensors, they play a key role in allowing the sensors to do their job perfectly. The Vision Pro headset has 2 IR illuminators on the outside that flash invisible infrared dot grids to help accurately scan a person’s face (very similar to FaceID). On the inside, however, the headset has invisible LED illuminators surrounding each eye that help the IR cameras track eye movement, reactions, and perform detailed scans of your iris. These illuminators play a crucial role in low-light settings, giving the IR cameras data to work with.

bloody rains come..i hope they’ve been.

anything useful carlos or is that the extent of what you wanted to add?

company said details in jan as i pointed out to you , it’s now march..you think that is clever and it seems funny..others don’t and think it demonstrates a shambolic executive who can’t organise a **** up in a brewery.

Well you are free to interpret how you like and i wasn’t knocking the idea that they STM have an inventory..in fact suggested it if the “application” was for AVP that the initial order might give materials for many months of production….we have no idea whether the contract announced is a one off or likely to see recurring revenues.

But still feel the idea that STM is merely building an inventory with no end use as yet i do not see as plausible on what has been disclosed by the company.

Dec AGM

“ In November 2023, we fulfilled Nanoco's first ever commercial production orders with the shipment of two different materials for use in infra-red sensing applications. The initial use case is expected to be for a low volume application measured in millions of units, whilst demand is then expected to grow gradually, enabling Nanoco to become self-financing during CY25.”

Yes use case could be just the sensor and not an ultimate end use case device true . But i am pretty sure the “use” of application is for a device or function not the sensor itself. There are likely going to be millions of sensors in the AVP produced this year if it is STM near infrared sensors in them.

Nanoco run a fine line between talking about confidentiality and giving sufficient information for investors to form a reasoned opinion on prospects…very fine.

As BT bleated on pre settlement whether a settlement would be confidential , no it couldn’t be , they would have to say what the settlement was and what it MEANS to shareholders…same applies to inside information around commercialisation shareholders need to know some detail to be able to form an opinion and know what it MEANS.

Ngr the issue with the building inventory idea is that Nanoco themselves said

“As previously announced, the Board's expectations were for a first commercial production order prior to the end of 2023 and that the first use of the Group's materials would be for low volume applications during FY24 and FY25.”

Sort of does indicate that they know what the initial applications in terms of order size is and that over the next 20 months they only expect low volume use rather than having no idea on the end use if STM are going off marketing the product to all and sundry, Nanoco have caveated that it could be higher volume but unlikely mass mobile devices till 2026. What they know and dont know is up to debate…the official line is they do not know the device or end customer..its difficult to believe in reality.

Ngr ..not an unreasonable take either…anyone’s guess.

But if i were Nanoco and had just been through years of trying to get something from a big player who i had a development agreement with who then pinched my tech i would be keeping a very close watch on where my materials were being used…anything less and relying on trust could be asking for more trouble.

Bit of a long shot and for me almost trying to see the bright side..could they be trying to get around the confidentiality agreements as the device is out and breakable and the reason for confidentiality is somewhat negated as anyone in the industry can work out the functionality of the sensors .Maybe that could soften the ex entitlement blow ?

Https://www.techradar.com/computing/virtual-reality-augmented-reality/samsung-glasses-could-be-the-name-of-a-new-pair-of-samsung-smart-specs

Samsung itself has confirmed that it has an XR headset in the pipeline to rival the Apple Vision Pro, but it's not expected to appear until later in 2024, so that Samsung has time to get features such as display sharpness as good as they can be.

Maybe Monday hey !

The layers of secrecy are frustrating but i guess when you have bad actors in the consumer device space known for copying others technology then not that surprising you want to keep “the secret sauce “ under wraps as long as possible. The chances of someone like Samsung having got hold of a few AVP’s and are busily tearing them down and analysing the sensor film is quite high…so maybe it wont be a secret for that long ?

Very true..all we know is STM bought a small batch for commercial use.

We know their latest SWIR /near infrared sensor appear eminently suitable for safe use in an IR/VR headset and is latest gen in eye and gesture tracking ..it also would facilitate the “unique” Optic ID incorporated in the AVP using the same sensors.

Https://ml-eu.globenewswire.com/Resource/Download/e9706c42-f73a-4836-848a-c9c9fa861190

https://ml-eu.globenewswire.com/Resource/Download/e9706c42-f73a-4836-848a-c9c9fa861190

Join the dots! Not saying it proves STM sensors incorporating Nanoco materials are in AVP but there would appear that the ability , low cost and low power consumption make the STM sensor they have been working on for a number of years is highly likely to be involved. The timing..the product delays and the commercialisation delays very much overlap too. Guess only STM know..Nanoco claim not to as yet. But not easily dismissible imo.

What is available to Apple and when may well be different to what is seen as a general release.. if Stm were working on a sensor for Apple there may be a short period of exclusivity , not knowing the product , the number of sensors applicable and STM manufacturing capacity for the likely relevant sensor all adds up to meaning sheer guesswork..but that is what happens when you do not give clarity just a few crumbs of information after stringing your shareholders along for years of development .

Well IF we have materials in the VP we might see a further order soon?

So difficult to know what has been supplied already and therefore what might be in STM inventory , but if they are upping production could signal further demand..guess they would announce but small incremental orders they might not see as discloseable but I think they should be as shows recurring revenues.

https://www.roadtovr.com/apple-vision-pro-global-launch-report/

Carlos..company final results presentation Oct 2023.

Outlines the options at 1.0130.

Also says will give details in January..now being the last day of Feb might explain some frustration in the company not meeting what they said only a few months ago i guess.

https://youtu.be/-wEXT3I3OaY?si=fsG_39mTcLQ2VGkq

Ngr if it is a straight on market buyback then it would represent 60% of the outstanding equity at current levels it could take months and months to get anywhere unless they chase their own tails which would be dumb ..but might get the price up to the advantage of those that want out against those that want to stay long term. It also offers no choice of income or capital they said they wanted to offer. Can they please all shareholders with whatever they come up with in mechanism and quantum of distribution..seems unlikely.

I agree on the timing of distribution starting to limit what can be achieved to meet cash in pockets before the end of March now. If it’s just a special dividend or a straight on market buyback then why in hell does it take so long to announce it?

As to delaying the process to accommodate an order i think unlikely ..and if they wanted to have a orchestrated impact ( good luck with that) then they would want to announce something close to an ex entitlement point not before they’ve actually announced the mechanism. It is possible there is something corporate in the background that has stymied the process but not evidence in the share price of any such activity. All getting rather bizarre now and not helping confidence.

They ignore valid correspondence..if they cannot give specific answers they can acknowledge out of courtesy ..they serve at the gift of shareholders who own the company and should remember that.

Busy doing what exactly?? Not being prepared to fulfil a key commitment to return funds they had a year to organise and waited a year to get hold of. Unfortunately making excuses for incompetence isn’t a good look either.

Folks that just moan about other posters views without anything to offer in support of their view of the company might be the reason why it’s quiet.most on here try to stay on point and discuss the company and news around the company . It’s a very dull thing to do just to moan at other posters with views that question the narrative the company feeds. Hope that helps , just my opinion,

This you Carlos on 11th feb?

“Brian Tenner is not above criticism at all and people have the right to question his work, But what people on this discussion do not have the right to do is neither tell other investors how they should feel about anything or speak on behalf of them as a way of peddling their own agendas.”

Consistent?