Feedback from potential customers enabled us to validate the product specifications for the go-to-market minimum viable product and develop a comprehensive work plan detailing the activities to be done during the EIC project. We also validated our value chain, acquiring expressions of interest for validation and possible early use cases from several potential customers. A technical risk management strategy was also developed.
Synthara designed a comprehensive go-to-market strategy that involves running a Semi-IP business model in parallel with a fabless business model for market validation and early revenue generation. We carried out a competitor analysis of against existing and emerging technologies and generated a commercial risk management plan.
Synthara conducted a freedom to operate analysis, which confirms that there are no restrictions on the commercialization of the Synthara Edge. Synthara also identified additional potential IP and management strategies.
We generated a comprehensive budget based on the anticipated work laid out in the EIC project work plan and developed 5-year financial projections for Synthara Edge post-project completion.