“And earlier this year, we announced that we would double our capacity on Expanded Beam Optics this year and another doubling over the next year to 18 months.”

In context

“otected and we are very excited about this. You know, it is it is been in testing for several years with Microsoft. We are very pleased that, you know, they have qualified us for as a technology for the Azure data centers. They you know, that is very encouraging. The revenue this year, it was in the $40, $50 million range. You know, we do think it will scale over time. Could be you know, 4x or 5x that or even more over the next several years, depending upon our progress here as well as the adoption of optical technologies and data centers. Is that transitions. A couple of things are happening here. 1, as we continue to develop the technology, each hyperscaler has some uniqueness in their architecture. So that is got to be developed. We have got to scale it. Both internally and externally. And earlier this year, we announced that we would double our capacity on Expanded Beam Optics this year and another doubling over the next year to 18 months. But even that is in anywhere near the volume demand in the marketplace. So we are also working with various contract manufacturers who are pretty developed on 1. The 3rd item of this is that we will not be successful as a sole provider here. This is about enabling an ecosystem of partners So we formed a multi supplier agreement. There are 44 players in this agreement all throughout the ecosystem. there is multiple hyperscalers chip manufacturers, connector manufacturers. And it is about how do you enable the whole eco system? So all of those things are in place. We are deep in the trials with other hyperscalers. I will not say much more about that. You know, but the TAM this year for Expanded Beam Optics technology is around $1 billion. We think it will grow $2 billion by 2028. $2 billion”