Vote results15 May 2026 10:20
Key Highlights of the Result
Fundraising Ratified: The £81 million transformational fundraising, including the strategic investment from MACOM, is now officially cleared by shareholders.
Balance Sheet Strength: This result removes the immediate threat of "emergency funding" that the directors had warned about. The capital provides the runway to execute their growth strategy in Indium Phosphide (InP) and Gallium Nitride (GaN).
MACOM Partnership: With the vote passed, MACOM will now become a strategic partner and customer, which is expected to drive long-term defense and AI-related revenue.