NRE Stated as Funded - July 20th, 2013
The NRE, which I believe is the most important and most critical, to the success of the project has been funded. This is a great time for the company and all of its shareholders.
+ 9 Weeks (Chip Samples)- Chip samples delivered in 9 weeks;
- Low-volume chip production starting in 12 weeks, using an e-beam process;
- Normal volume chip production starting in 16-18 weeks.
Let's not forget that there were a couple of weeks between the completion of NRE funding (July 20th) and the payment of the NRE, as BTC had to be converted to fiat.