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Wednesday, August 4, 2021

From their CC. Why Intevac took a beating as well yesterday. A thought occurs. Maybe Intevac and MVIS are partners, kidding. I wonder if if the Program Exec sees additionally Intevac is reluctant to make a commitment due to cost. Either way it looks like Intevac is signaling they may not make the cut.

"Typically, the Army desires multiple sources for critical components on key programs. However, given the small initial volumes, the cost of standing up and qualifying to production lines appears to be prohibitive. And at this time, we believe the initial units will be delivered by another company.

Looking ahead, we believe the funding of the two recent Phase 1 IVAS development programs are evidence that improved night-vision performance is desired for the IVAS program. To reiterate from the last quarters’ call, Phase 1 awards are to take the project into the detailed design phase for down selection of the complete program execution phase."

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