Skids post worth a read28 Feb 2024 19:24
Thought I might have a response on dropping the second point yesterday, but despite the "I've done my research" no one has crunched the numbers or appears to understand.
To date ENET has sold $4.64m of SoCs to Tarana (some room for error as with one order they didnt split out the development from the SoC on the $340k order). With what we know about margins it is safe to assume that a minimum of $3m relates to the value of soft/firmware vs c $1.5 hardware.
From the Tarana notifications the move to 6 ghz is purely a software update down the wires with no board switch outs etc, in tech its always best to have one release across the estate for support management so hopefully this is not done piecemeal but as an across the board release.
The question is then the % pricing of the upgrade vs the embedded $3m value, is it merely incremental and a bit of a software "patch" and priced as such nearer $0m, or more of a rewrite "rip and replace" near the $3m ?