Yeah sad and they weren't very active about software updates since the main-net launch. I mean, yeah, there were some development in the core infrastructure, wallets-shmallets, explorer and all, but where is the marketplace they've promised, for example?
For the money amount they had after the ICO it's quite underdelivering to have just what any dirt-cheap fork of bitcoin or anycoin could have.
Yet maybe it's a positive side the price drop was a developer cashing out, not a general capitulation. They were regaining value along with the market prior to that.
I don't know about commercial partners, but the market can only judge by the activity visible from outside. And this are new releases, delivering promised features and active development in general. Also the community. Again, the marketplace: the early access for developers was promised to be available a year ago already.
A major partership would be the best thing that could happen at the moment. Sure, they already running out of funds and having to cut ties with some employees is bad but if they could prove us that their product will be used very soon, this could bring back the investors' confidence in this project.