Member Info for Tracylied

I do like this from the quarterly review released today.
"We're ready with 5G solutions that can offer true 5G benchmark performance now, with UPF offload to our ACE-NIC100 FPGA SmartNIC already deep into operator trials" .
The share price is truly outrageous

I have attached suspect that Ethernity fpgas will end up in all manner if third party equipment

Interesting but not surprising Israel is a tech hub, it is super important to the economy and they have global reach. Although they didn't get a direct grant there is a risk free underwritten scheme that involves direct investment and asset support. That could well cover loans through boutique investors. I would be very satisfied with that even if they included some options or other instruments.

Good luck. I will take some more later this week.

Dust has settled it won't take much volume to lift the share price. Realisation that the share price has halved on funding scaremongering. They appear in no hurry and have options. I stay with buying, small, cheap and often. Definitely before the cat is out of the bag funding and sales.

The next 12 months isn't H2 2021. The 2 million is from existing commitments as a secure revenue stream. They anticipate card sales in the initial deployments H2 2021 in the order of 2000. We know that they are several thousand each. We will definitely see sales from Chinas three telecom if they pass the test.
There will be more, like the Techtronics deal which if successful as a third party seller will bring quick revenue.

A balanced no frills report. 2m over the next 12 months lots penned for H2 2021. Still a long time to wait but the indications are definitely gaining strength.

https://businesstech.co.za/news/industry-news/413143/china-telecom-a-reliable-ict-partner-in-uncertain-times/
Huge player access to many Countries and lab testing Ethernity ACEnic-100 Q4 this year. Global deployments will be huge.

Much hinges on the performance trials by the 3 big Chinese 5G vendors. It is interesting to see the fpga applications go deeper into the core functionality and effectively triples the potential for sales. Also interesting that the ACEnic-100 is at the top of the current specification requirements. Likely many will be ACEnic-50 sales.
We have two strands at play here. The third party vendors overlaying their code on Ethernity ACEnic-100 and those who are looking for Ethernity to turnkey. Despite third party code it doesn't mean that they won't buy the virtual products from Ethernity. They are simply integrating themselves the Ethernity solution.
Once installed the royalty grave train leaves the station plus fees for new products, enhancements and any other changes of which there will be many.
You need to understand that this is just the system to enable everything. Using this system is actually where the market is for Ethernity, currently they are focused on the deployment of 5G but 5G is the access point only.
Beyond their are multiple wearables, sensors passive and reaction, local applications like factories, remote applications. These and many more my imagination cannot secure will require edge compute not just edge access.
Sorry to sound boring but Ethernity haven't even started yet.

The expected £4m from the anticipated sale of 2000 cards. The 2m in royalties expected in the next 12 months. That leaves 4-5m from advanced payments on contracts and or other sales. Then there is the potential regional licensing of IP which will produce cash and royalties. I suspect that £10m will be a Conservative figure given that we are entering a boom growth period. I expect many to pay to sit at Ethernity table. Year on year following we'll see growth in multiples. I believe that we'll get a dividend early in the growth.

Spot on that from David. Ethernity have the top performing solutions to problems currently looming. They are very nearly here and for me this is now near term

Now a pure virtual event. Ethernity sponsors in Singapore and London for the edge computing Congress.

https://tmt.knect365.com/edge-computing-asia/sponsors/ethernity-networks/

I guess that you have to be sceptical if this will go ahead but shows Ethernity are behaving as normal to push sales.

Interesting that Ethernity think that they will install about 2000 ACEnic-100 cards in the initial rollout in 2021, it will take time to gain momentum but certainly we'll see multiple increases year on year. The value of the basic cards will be about £4m then the real money will come from the cascade of virtual products to run on the card. There are several royalties also expected 2021 and sales with tier one vendors. I think conservativly we can expect £10m revenue for 20-21. That should make short term finance easier.

I think that will be 4 months and a short term loan

The little buy on the Bell was mine. Just continuing my buy when it's quiet in small chunks policy.

https://www.cnbc.com/2020/06/30/india-reportedly-weighs-5g-ban-on-huawei-amid-tensions-with-china.html

This could open India up to multiple vendors and many could be linked to Ethernity. India could be the most demanding of 5G environments. Certainly a robust, low power solution is needed to reach 1.3bn people.

Apop I expect that evolution will take us to 400, indeed I believe that David commented about it last year. How that will not reduce the number required but will increase the potential flow. Having multiple fpga is very likely that each will adopt a role. The sale recently of ACEnic-40 cards for a internal 5G is an indicator that the ACEnic-100 is already plenty capable of this role.
However the unique and patented ACEnic-100 can be used in many ways and will find lots of applications in localised nodes like car parks, cruise ships, shopping centres and many more locations where IoTs will be deployed.
The more I am thinking the more I feel that this dividend gravy train could run for 10 years plus. What could possibly go wrong.

We have seen this before but it is absolutely bang up to date with the transition now.
https://www.prnewswire.com/il/news-releases/ethernity-networks-sees-growing-demand-from-chinese-telcos-for-its-5g-enabling-networking-solution-301015114.html

Nokia and Ericsson are the target through TietoEVRY. They are really the only alternative for those with Chinese spy concerns.