RE: Massive rerate coming πππ17 Dec 2025 14:40
Definitely looking solid, buys continue to come in for enet, and not surprised with what's going on behind the scenes. Could be a big turnaround story here :))
"The ASSP will be architected as a true multi-platform solution, deployable across a wide range of systems such as cell-site routers, microwave backhaul Indoor Units ("IDU"), PON OLTs, compact carrier Ethernet switches, enterprise gateways, and 5G edge units. This broad applicability would create a strong foundation for large-scale commercial opportunities for both partners and OEMs. A growing number of leading OEMs have expressed interest in receiving the ASSP and acting as early adopters."
"The Company is pleased to report an extended royalty stream from its long-standing OEM customer and Tier-1 U.S. PON OLT customer, alongside the successful deployment of our Tier-1 U.S. defence and Aerospace vendor's defence appliance. This defence deployment has already resulted in additional customization work and is anticipated to generate further follow-on business.
"Our low-latency design capabilities are expected to enable expansion of this customer engagement into FPGA-based solutions across existing markets and customers. Furthermore, we are confident in our ability to successfully materialize the ASSP opportunity, which is expected to support near-term positive cash flow and a return to profitability, representing a significant contrast to the extended investment cycles required under the previous business model."