Agree on the third arm, thats a game changer for the V market, and western produced not China so yet another dynamic shift.US Govt in the patents so thats going to be interesting now. I bet all the V producers are scrambling to restate their business model to present by month end!!!
I noticed the anti-laser use works better with a ruby coating beneath the V nano-layer - how funny would have that been to have been the only one stop producer in the world for this. Mil-tech darling - oh bad luck gave that away six months ago.
If nothing else, the ramp engine has been identified pre-Indaba. Can these guys get the cash and Arena monkeys off their backs before they ramp? Board confidence would have to be sorely tested if they try and catch a ride on this one and try to send it up again. At 40% pre next dilution are they effective enough to dictate that any product will go in the direction of the new application? I suppose watch and see if they change the board to reflect a new direction or just a wagon hitched.