But often quality and quantity were sacrificed. Cenix is developing its own proprietary equipment sets using commercially available robots to assemble the cards. There will be a lot of intelligence in these robots. The result will be higher yield, higher quality and a lot more output. Coringato believes it will take only minutes to develop its products, compared to hours it typically takes.
Output is so important because the industry today is supply constrained.
And for customers that is critical. It's also the availability of the product. Although the typical product development cycle in the optical electronics industry takes between 12 and 18 months, Cenix plans to shorten that time. Cenix has low volume production facilities in its current space, which coupled with its team's expertise, should enable the company to deliver a prototype to customers this month. The funds also will be used to develop the equipment sets needed to move into full production at the new facility sometime in late summer or early fall, he added.