1 minute read
Simply intelligent
What is the market opportunity?
The directly addressable market for our flexible chips is well over $50 billion, with the potential for our technology to be embedded in trillions of smart items. Our growth is supported by a world-class shareholder base including financial, strategic and sovereign investors.
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How do you measure progress?
In simple terms, we measure progress by the growth in our revenue pipeline, driven by the tangible demand for our technology in an increasing range of applications. As we continue to develop our technology platform and raise awareness of its capabilities, we will also measure progress by the number of innovative ideas and use cases that our customers create to improve everyday lives.
What has been the biggest challenge to date?
Our main obstacle has been translating our unique technology into a proven, reliable, high-yield fabrication line, or ‘fab’. Achieving consistent production yields over 90% was the key milestone that led to our oversubscribed $125 million Series C funding round.
What is next?
Our distributed manufacturing model is unique in the semiconductor industry. We have developed a ‘Fab-as-a-Service’ offering that enables agile, on-site, ‘justin-time’ chip production. The compact design of our fabs means that they can be located anywhere in the world, even on a customer’s site. This ensures continuity and security of supply at both a local and national level. We are currently commissioning our second fab in the UK, but over the next decade our ambition is to deploy over 100 fabs worldwide.
