In the automotive market, for example, this development cycle can be if seven or more years. "Through the end of 2021, none of our customers have completed their ongoing testing and validation or have entered into definitive volume production agreements with us, and there is no assurance or guarantee that any of our customers, including any for which we have announced a "major win" or "major commercial win" will ever complete such testing and validation or enter into a definitive volume production agreement with us or that we will receive any revenues forecasted in connection with such "major win" or "major commercial win." The development cycles of our products with new customers vary widely depending on the application, market, customer, and the complexity of the product. Still, having agreements does not eliminate the risks or guarantee orders.
Since the market appreciates the complexity and the time required to put a lidar sensor in the consumer vehicle, investors are paying for it having expectations of future revenues. Some have used customers' names to advertise business relations, and as a result, their stock's value has increased significantly. Each promotes superiority through assertion about exclusive and unique tech. Metamorworks/iStock via Getty Images IntroductionĮight publicly listed companies represent a competitive landscape in today's lidar business.
0 kommentar(er)
