Ethernity Networks Share Discussion Threads

[dplewis1] 26/4/2024 08:31

It's comments like "I simply cannot see" that pugwash and porridge we're making as they ramped this all the way down from 50p

[bantamboy] 26/4/2024 07:57

'Advanced contract talks' 🤣🤣🤣
Corker!!!
All that means is that DL (Frank Spencer) asked the cleaners if they knew anyone who wanted to buy an old sky box 🤣🤣🤣🤣

[snooker40] 26/4/2024 07:54

Absolutely PATT, the wind of change is near, as written in the RNSs. People who have a destructive agenda have tendency to ignore those written words. The subtilty of the words being missed.

[purchaseatthetop] 26/4/2024 07:37

Actually Dplewis. Two things…
1) I always do an “uncertainty count” in an RNS. My point to bantamboy was that he or she said it was “promises great things to come”. Which it did not. It was a list of uncertainties. Now, the Final Accounts are much more of “promises of great things to come” as it says “expected̶1;.

2) The RNS said nothing about H1 24 Tarana business. Just H2. That might mean no new G1 orders or it might be that DL has said nothing. I simply cannot see that more orders have not been received given the Tarana growth, 6Ghz release and the bald fact that we never would have left TSP with no H1 Tarana revenue.

[arthur_lame_stocks] 26/4/2024 07:30

Got to pick a pocket or two.

[dplewis1] 26/4/2024 07:21

How amusing. When an RNS confirms there is no mega Tarana order imminent it can be ignored because news releases are always vague and shouldn't be overanalysed .. when it's the other way round an RNS can be picked through like the Fed minutes for how many adjectives it contains. Can you see the words "confirmation" and "bias" in there..?

[snooker40] 26/4/2024 07:01

I have number of waste of time posters filtered ... its so lovely not to read the throw away comments that lack credibility.

[purchaseatthetop] 26/4/2024 05:56

Business Update 28/3/24
“Based on the scopes of work being discussed with these potential new customers, should they lead to contracts, they could contribute between $2.2 million and $3 million to the Company's revenues in 2024. Given the commitment of each customer to adopt the products, this would likely lead to significantly higher revenues in 2025 and beyond. Whilst there can be no guarantee that the discussions summarised above will all lead to contracts at all or on the terms currently being discussed, the Board considers that this significant interest in the Company's products demonstrates the potential for future growth in sales of a complete system offering combining Ethernity's chip and software stack that is expected to be the main driver of the future growth of the Company.”

Uncertainty count…
Potential, should, could, likely, no guarantee, interest, demonstrates, potential, expected.

19/4/24 RNS
“Based on the scopes of work being discussed with potential new customers, Ethernity expects to secure new contracts for our Carrier Ethernet and PON technology, generating approximately $2.2- $3 million in incremental non-recurring engineering (NRE) revenue in 2024 on top of our established business”

Uncertainty count…
Potential, expects

Tragically bantamboy now pays topcoin so his or her mindlessness can be read by me. Please stop it. But if you must then at least analyse the Business Update as one of a series of RNSs that started with testing and now is expected. That shows a logical pipeline progress being done in the right way.

[orkneyarab] 25/4/2024 18:32

"Normal utter nonsense" has that RNS about contracts that you said would be out on Tuesday been issued yet Mr Mitty?

[purchaseatthetop] 25/4/2024 15:47

Normal utter nonsense but enjoy yourself. It is quite simple. A new OEM or two might manufacture new PON solutions for BEAD. Nothing to do with European OEM which is wireless backhaul.

[pwhite73] 25/4/2024 15:23

patt - "The US Telco has to supply products manufactured in the USA."

Yes in order to access BEAD funding. This was not always the case. ENET already has OEM agreements with a European OEM(s). Now it could be that their products were exported from Europe to the US, this they can no longer do so consequently have to set up new manufacturing agreements with US OEMs.

That's basically what the Business Update of 28/03/24 is about without ENET spelling out why they have had to do this.

Even more important that is the reason why all revenue as a result of BEAD related contracts have been predicted for H2 because they had no US OEM for H1.

[purchaseatthetop] 25/4/2024 14:37

Utter nonsense Pwhite. The US Telco has to supply products manufactured in the USA. So Nokia do a deal with Samnina to manufacture in the USA. Much like Tarana make nothing themselves. They contract Flex in Mexico to do that. Frankly I have no idea what you are trying to prove. ENET will be working with whoever the OEM is to have the OLT/ONT units manufactured in the USA. Might even be Nokia.

Samnina are just like Flex but US manufacturing


"Sanmina’s engineers are highly experienced in integrating multiple complex technologies including electronics, fluidics and motion control into complete systems. A wide range of complex high-level assemblies including communications systems, power inverters, industrial control systems, semi-conductor systems, ATM machines, blood analyzers, MRI machines, commercial digital printers, multimedia kiosks and smart vending machines are manufactured by Sanmina. We also design manufacturing automation for medical and automotive applications where volumes are high and regulatory compliance is required. Our ability to combine management of third party component suppliers with in-house manufacturing of components and sub-assemblies and integrate them in high-level assemblies simplifies the supply chain for customers."

[pwhite73] 25/4/2024 12:47

patt - "The OEMs manufacture in the USA using solutions designed by Ethernity."

No different from Nokia. Now Nokia have openly stated they are working with Sanmina to comply with the NTIA restrictions. Who are ENET working with?

What's changed is that the US Telco could have imported ENET products from the European manufacturer who ENET already have a contract with, they can't any longer. ENET needs a US OEM of its own if their products are to be eligible for BEAD funding.

[purchaseatthetop] 25/4/2024 12:27

To qualify for BEAD they must abide by the rules. Which are:

2. Manufactured Products
a. Electronics
Electronics are likely to be the second largest segment of equipment used in BEAD fiber broadband deployments. Such electronics include, but are not limited to, Optical Network Terminals and Optical Network Units (ONTs/ONUs), Optical Line Terminals (OLTs) and remote Optical Line Terminals (rOLTs), OLT line cards, optic pluggables, routers, switches, optical amplifiers, and power systems. These electronics – and comparable electronics used in fixed wireless and other types of broadband network deployments, as well as antenna and antenna arrays – are almost uniformly manufactured in Southeast Asia. As part of its supply
chain research, DOC explored with manufacturers the possibility of moving the manufacturing of certain electronics to the United States to facilitate implementation of the Buy America
Preference. During DOC’s industry assessment, two key factors became apparent:
• Semiconductors, also referred to as integrated circuits, including systems on a chip, memory, central processing units, and others are key components of essentially all electronics that are used to build broadband networks. Semiconductors represent the majority of the value of the components that make up such products – often in excess of 70 percent. Almost all of these chips are currently manufactured outside the United States. While the historic CHIPS and Science Act, Pub. L. 117-167, 136 Stat. 1366, is expected to spur a major investment in domestic semiconductor manufacturing, the construction timeline and type of semiconductor fabrication plants mean that the impact of that investment is unlikely to be realized during the time period needed for the BEAD Program.
9

• There are some classes and categories of electronics that are currently manufactured outside of the United States, but for which there is an economic case for onshoring final assembly.
DOC therefore proposes, as discussed in section IV.B.1.b.ii below, to waive the Buy America Preference for all electronics in BEAD Program projects, with the exception of four categories of electronics. For the four categories of electronics listed in section IV.B.1.b, NTIA proposes to waive only the 55 percent cost of components test and to provide specific guidance regarding the manufacturing processes that must occur in the United States for the waiver to be applicable.

Those are the rules. And they help ENET because it is the four categories that are not waived: Optical Network Terminals and Optical Network Units (ONTs/ONUs), Optical Line Terminals (OLTs) and remote Optical Line Terminals (rOLTs), are what the OEMs are going to licence from us. The OEMs manufacture in the USA using solutions designed by Ethernity.

[pwhite73] 25/4/2024 12:19

patt - " has signed a contract with a global wireless OEM based in Europe to supply its ENET 4840 40Gbps FPGA System-on-Chip (SoC) with support for Carrier Ethernet Switching, Wireless Bonding, and IPSec security. The ENET 4840 is a customised version of the device that is used within the UEP-20 Universal Edge Platform product design, which will also be supplied to the OEM for manufacturing.'"

To qualify for BEAD funding the US Telco must use electronic devices manufactured in the US and not simply import an ENET device from Israel or a European OEM.

This is why Nokia a European OEM has been forced to source the production of their electronic devices to a US OEM.

As of today I am not aware ENET has any manufacturing contracts with any US OEMs are you?

Speak Later

[orkneyarab] 25/4/2024 11:50

PATT gone into overdrive, desperate for validation

[purchaseatthetop] 25/4/2024 11:46

The 12/10/21 RNS which was delayed and finally completed in Q1 24 illustrates the point very well:

'12 October 2021

ETHERNITY NETWORKS LIMITED

("Ethernity" or the "Company")

Ethernity Networks Receives New ~$400,000 Order for Customised FPGA SoC

Ethernity Networks (AIM: ENET.L), a leading supplier of data processing offload solutions on programmable FPGA (field programmable gate array) for accelerating telco/cloud networks, announces today that it has signed a contract with a global wireless OEM based in Europe to supply its ENET 4840 40Gbps FPGA System-on-Chip (SoC) with support for Carrier Ethernet Switching, Wireless Bonding, and IPSec security. The ENET 4840 is a customised version of the device that is used within the UEP-20 Universal Edge Platform product design, which will also be supplied to the OEM for manufacturing.'

We develop an R@D single example of the product. That is then customised for OEMs individual needs. The OEM then manufactures everything. We may supply the system on a chip like we do for Tarana but it is only a single FPGA loaded with code.

Here the customer is buying a special SoC and also the design of the UEP product that the SoC makes function.

[purchaseatthetop] 25/4/2024 11:17

PWhite7325 Apr '24 - 10:27 - 35314 of 35319
0 0 0
patt - I'm not getting involved in a circular argument with you. ENET offers solutions and products.





If ENET manufacture nothing then who manufactures and assembles their products on their products page. This is the final time I will ask this question.


Answer….the OEMs integrate our products snd solutions into their own White Label products. You will never see made by Ethernity on anything. Those items are R@D end products. Not for sale.