Good morning and welcome to this webinar. My name is Anders Storm and I'm the Group CEO of Seevis Semiconductors. And I'm going to take you through more information on the acquisition of Nixcom today. First of all, please read this disclaimer. So if we start first to give a little bit of background to Silvers Semiconductors as today, previewed the merger and acquisition.
So Syllaris is a semiconductor company focusing on wireless and Performance Business Unit in the wireless unit, we're doing 5 gs chipset and in photonics unit, we're doing major sources and for fiber optical cables as well as sensors. The company was listed on NASDAQ on the 10.1 year, and we are about 120 employees with the head office outside of Stockholm in Chilestag, an office in Gothenburg, and our photonics business is in in Glasgow. Currently, we have 20 PhDs in the company, and we have some strong institutional investors with Swedbanker there in a pension fund and so forth, third AP fund. And we had a cash position of $60,000,000 at the end of Q2. So Syrris have had a very interesting journey over the last 5, 6 years.
We were listed on Axi Toriat in 2016. And when we started sort of a turnaround and had a plan to to start using and developing 5 gs chipsets. Syrris had a long history in high frequency products, making products for sort of low volume and type of applications. And they're absolutely seeing the emerging market of 5 gs and millimeter wave products. What we actually did then in 2015, we started the development and we had our first Chipset Ready in 2017.
And we've got our first design win and partnerships with IDT and Ampeon and others. And we also acquired a company within the photonics business called CST Gilmer, which is now Sirius Photonics. And we were also listed in the end of the year in NASDAQ. And over these years, later on, we have then been able to grow the company. We were at sort of SEK 80,000,000 in sales in 2016.
We're now at about SEK 100,000,000 in sales, and we're up to 26 design wins. We've also been accelerating the photonics business with more or less a couple of Fortune 100 customers that has invested quite heavily, and I'm going to talk shortly about the photonics business today, but the focus is on the wireless type of business. So Moving in, what's been happening over the last sort of 10 months this year, we've added 5 design wins so far. We have 2 new orders in The Cineco of €25,000,000 for the 4,100. We got our first sort of volume order from the 5 gs business in Q2, which grew the company 118% in the wireless part.
We also were approved for NASDAQ listing. We've also had a couple of really good partnerships around our photonics business, for example, with IMEC and ESM. We also see now a Japanese customer moving into volume production. It's going to happen later this year. We started an establishment of the U.
S. Office, but with this acquisition as well, we are now going to be more grounded in the U. S, of course. We also launched our latest 5 gs chipset for focus on CPEs and that kind of applications. And we also closed the contract on the silicon photonics space with in optical audio, which is a very interesting future area.
And now then yesterday the acquisition of Mixcom. So going into the acquisition and the background of it. So, Mixcombe is a very interesting company. We've been developed since 2017 coming out from the Columbia University with Professor Harris, founding the company with his partners. Mixcom has been working hard within beam former ICs 5 gs, SATCOM, RADAR Verticals.
And we've been working for 1.5 years with MixCom, with certain products. And it was a very good fit between the companies, and we decided to join forces basically. The most interesting piece here is, of course, that Nixcom has a very good ecosystem network as well as local presence in the U. S. That Sievers don't have today in that way, and we're going to have a sort of no field presence now in Europe and U.
S. And Asia. And we've also seen sort of a tenfold possibility of the total addressable market. The track record for Mixcom is that they have design win with a Tier 1 customer in 5 gs base stations, which is a very interesting piece, where we see sort of the Total addressable market over the coming 5, 6 years of SEK 400,000,000 with a sort of possible estimate of revenue about SEK 90,000,000. We also have Veronix from them as a major Satcom customer with a value of sort of the orders to come in 2 years to $30,000,000 and a lifetime valuation of about $250,000,000 There's also a big customer in the U.
S. Around the 5 gs repeater product that Mitzvah has created. We are very happy to be part of the major U. S. Communication company, who is larger than $50,000,000,000 And together, we'll increase the portfolio of design wins to 44 design wins and having a lot of different products within beamformers, RFIs and unplugging package.
If we look at the acquisition itself, The total acquisition cost is just about SEK1.1 billion and with an earn out up to SEK1.3 SEK 5,000,000,000 where we're paying a cash piece of SEK 195,000,000 and which we have financed with the private placement that also took place yesterday, where we acquired about SEK 400,000,000 into the company. And then also the shareholders of Mixcom will be now long term shareholders of Syllrus with 12 months lock up 50% of the shares that will be given another 12 6 months or 18 months total in the proceedings part. There is some things that needs to happen now. For example, there's something called CFIUS, which is the Committee of Foreign Investment in the United Estates that needs to approve the acquisition, and we expect that to happen somewhere in the early next year, which is sort of We have to wait for the closing until then. Also, there is the EGM that's going to take place within 3, 4 weeks where we have to approve the new share issue, and we already have the major shareholders approving that in the Netherlands.
So how will the new company look like when we add this together? Of course, we're now getting new offices in the U. S. And we will have the main office for Midstream is in Japan, in New Jersey. Then we have an office in San Diego, which is a bit smaller.
The company will then have 44 design wins, We'll be working in a lot of adjacent markets like the beamformers, the repeaters, radars and Safcon, widening our stance in that sense. And if we look at the company, they have sort of been working From the sort of Columbia University, an almost $94,000,000 have gone into to the sort of business pre funding sort of Mixcom under Doctor. Harish. And That has been sort of what set them, the exclusive IP licensing and the RFASOI innovations together with GlobalFoundries that comes to fruition. There is sort of approximately 20 employees and consultants within the company, and nearly all People within sort of Nexcon has a PhD, which is very impressive.
There's 20 patents in the company, and they're also the only company, which is part of the 5 year Open Innovation Lab funded by T Mobile and Intel for around $1,000,000,000 to $8,000,000 So the pipeline of 18 design wins. It's including, as I mentioned before, the peakers and the base station and the SAC companies. Looking at the sort of overall business model, this is sort of a fabless business model, but also a focus is, of course, on the wireless bit, but also Satcom, others And also future areas like consumer electronics and handsets and computers and stuff or actually in the mix here that we will see if we can share in the future. So as I mentioned, the Tier 1 is sort of something that Syrris have had a challenge to get, but with this acquisition. We get our 1st Tier 1 into the company, and the Tier 1 is the absolutely largest system vendors.
And MixCom, sort of high end technology, has been able to get in there and volume production will start sort of end of 2022, early 2023. And the estimated value for that going 2023, 2026 is about $90,000,000 So these are the 4 areas that are the most sort of biggest one within now and the product offerings. So there are beam former ICs in all the license band. There has been a lot of work together in GlobalFoundries around 45 RFSY, 10 years of collaboration by a university, but then later also in the spin out, Mixcom. Shipscale Industry Antennaing Package work together with GlobalFoundries, has been one of the partnerships, for example.
The SATCOM products is really interesting and the prototype going to ramp and trial now under 2022. And the repeaters are in the trial now with this really large company as we speak, U. S. MSO. So it's developed and prototyped and all the stuff inside this repeater gives sort of what's needed and that's made by Mixcom including the software and the hardware.
And here is also a synergy actually for Sivers Technology to use the 60 gigahertz technology for backhaul and stuff in these repeaters. Also what Mixcom have been doing, they've been working on algorithms to be able to increase the efficiency of the RF Parts. So they are working with the sort of baseband vendors. And this is very unique, I would say. There's not many hardware companies who have this sort of Ping and Chem offer this as a competitive advantage.
So this is really interesting in that sense as well. So, making also more sustainable solution, which uses less power consumption. So here we have the MixCom Executive team. Mike Nohan has been with MixCom for a couple of years. He's the CEO.
I have a very long background within semiconductors. He's been working with global foundries, MXP, Cisco and has been a very big help in this process. We're working together. And of course, Harish Krishna Shewag, who is the sort of FHD, CTO and Founder of the company. And he's also Associate Professor sir in the Electrical Engineering Department still on Columbia University.
I will now sort of focus even more on Mixcom. He has 20 years Experience within RFICs and RF and has been part of sort of the research funding he's been bringing into this fantastic company. Frank Lane is also Co Founder and VP of Engineering, also 25 years of experience in working with Qualcomm and Global Companies, a successful start up experience in many cases. Then we also have Arun Nathrayaan, who is a Ph. Key associate professor from the Oregon State University and part of the team up in the Oregon area.
We developed some of the earliest sort of millimeter wave silicon phased arrays, 2,477 and at the Caltech during his PhD. And then we have Jay Martin, who is the VP Business Development and going to be an important person also connection to So Silvers products going forward in the U. S, Jay has a background from Renaissance or previous IDT as well and knows silicon business very well. So if you look at the synergies of the acquisition, so what we're actually creating and merging these companies is to create the new challenge here with the full stack, full spectrum major vendors. We'll have the informers.
We have RFICs. We're covering all frequencies to 24 to 86. We now have repeaters. We provide modules and antenna package with SATCOM, we have radar and so forth. Looking at the rest of the market, you mean even the large companies like Qualcomm and Analog Devices, they can't really cover all of this.
And even the other smaller Similar vendors that Silvers have been working like Muhandy and Anokiwai, we are now sort of creating a main challenger, I would say, above these Companies with a much broader portfolio and taking a sort of very important position within this very interesting market. So here again, here is all the reasons, sort of we have the license ban, we will have CPUs, repeaters, base stations, Chefs, satellite terminals, unlicensed. We have everything where on transportation, backhaul, radar, fixed wireless access and so forth. Combining 2 very strong ecosystems. So you know all about our ecosystem with MXP and Remesars and IDT CEM, Fujicola and so forth.
And within our photonics business, we have IMEC and so forth. What our friends at Nixcom bring to the table is that, of course, the partnership with GlobalFoundries and becoming an owner of Silvers in this transaction. Richardson RFPB, which is a very, very strong distributor all over the world with many people that can work and deliver technology and partnerships into a lot of places. So and also Silinks and SciTune modem members, modem platform, Open RF, as we talked about, they are part of that Open RF for handset manufacturing, Open Innovation Lab and Roger Swartz and Sam is the supplier. So this is sort of building on what we talked about before and building this out.
So we're now getting into sort of 44 design wins, and most of those sort of top design wins here we have from Mixcom. It's really interesting. We have sort of a couple of them coming out, and we're saying like 6 Spain are now getting into volume in the coming 12 months with 8 of them from Silver is going into volume quite soon. And then under 2022, we'll see mixed coming into Oliya. So that is really interesting and especially in mix comp with some sort of larger customers here who are creating a really interesting market.
So looking at and going into the sort of Major design wins here. So the major Tier 1 is sort of mix come inside, becoming Severs inside now. This is sort of a base station. They have typically sort of more almost 50 beam former ICs, the solutions for All the endbands of the 2024, 28, 29 planning ramp sort of late 2022. And looking at sort of the potential sales here over the sort of TAM or the total addressable market, it's going to starting 2023 with a sort of $71,000,000 and going up to $151,000,000 growing quickly.
The total TAM is about $435,000,000 and if Since we can't mention the name of this Tier 1, but most of the Tier 1s sort of have a 20% larger than 20 8% market share. So that will sort of be an estimate of about $90,000,000 over this period from 2023 to 2026. And these are numbers and estimates from mobile experts. We've looked at the repeat project, which is also very Spain. There has been an NRE development and funding, and I we expect even getting more into this.
The repeat is built on coverage, much low cost and much lower cost than a base station. Mixcom has sort of an array and they built this software as well into this with Xilinx Modems, and the trial is conducted as we speak. I've seen pictures of the trial going on, and that's really great to see. Gen 2 and a refunding expected in 2022, full system design with deployments with partners. Potential sales in this It's around $10,000,000 for this only customer.
So of course, there could be other larger vendors who wants to use this technology. And of course, Putting sort of backhaul by Silvers inside in the future in these boxes is also the next step, hopefully. As we look at the sort of overall TAM in this market, it's about $83,000,000 from $22,000,000 to 20 6, And this is one of the larger customers in that sense that we can do there. So adding these together is about SEK 519,000,000 in TAM in this. If you look at the SATCOM customer, there are 2 projects there and they are very close to delivering now I'm also getting payments on this.
They've also been delivering the current beam former ICs in smaller volume so far to this project, which is now under usage and test. The NRE of about $2,000,000 that is coming into the company in now as well, I think, in Q4, but there will also be more NRE next year in the vicinity of that, expecting We have around 1700 of these kind of beamformers per ground terminal. So that's a lot of chipsets, And the volumes quickly become large when it's that's done. So here, we are estimating $30,000,000 from $22,000,000 to $24,000,000 but a Potential lifetime for this kind of product could be up to $250,000,000 over that sort of a longer period, 10 years. So these 3 together with this is sort of the rollout now that Syvers has with ADTRAN.
And ADTRAN just released 3 new customers. And we're seeing more and more customers adding on. And after this sort of pandemic now, it's starting, coming and going more into this. And ADTRAN, they're working in 68 different countries between 1, 2, 3 service providers and cable MSOs. So it's really exciting now to see this rollout.
And Silvers, it's sort of almost a year ahead, I would say, with hardware compared to mix coming that sense, but Midstream also has some really large customers in that sense. Another customer that Silvers has today is Cambium, which is also now starting to roll out and the first trials are happening as we speak. Cambium is another sort of large company that has 17,000 network operators as their customers. They have 10,000 channel partners that are selling. So the big thing here with these things is not if you look at each customer, there could be sort of a small one to a larger one, but the total Together, it makes the sort of volumes large going forward.
Another customer that Syvers has is partnership with Blue Wireless, with EVO Way where we really have this connectivity with connecting from base stations along the train tracks, so they're called sort of track to train, where we can connect the trains with the 2 gigabit in the front and so we can have Also 4 gigabits at the same time, connecting all the people on the trains and then possibility to use Netflix and Wi Fi on the train. So this is sort of a broadband for the train, and it's been tested and done in 200 kilometers with latencies below 1 2nd and so forth. So this is a really interesting product. Oops, going the wrong way. This is another customer, which is doing something completely different for Sievers, doing what's called a wave tunnel where they We tend to have cable replacement instead in the market, where the cables today are 100 megabits 2nd, you can get sort of one gig here without sort of pulling out all the cables and changing them.
And according to Airline, who is the customer here, There is 5,000,000 buildings in the U. S. That needs recabling. So this could be a very interesting productivity if Airline is a smaller startup. So the synergies again, the broader customer base and complementary base with derisk sort of the revenue ramps and so forth having 44 combined design wins.
We will be able to leverage the strong existing global foundry partnership since Sievers is working with global foundries. Our latest ship sales building of the founders in the same fab. So that will go through cost quality, time to market and accelerating design wins and leverage that is really important. Overhead costs, that is, of course, an important piece. Positioning of the design wins across all areas with industry leading companies, and It's always hardest to finally get the 1st Tier 1 customer and we can leverage that now and hopefully win more in the future.
And also the global market presence. I mean, we have had this lack of market presence in the U. S. Not maybe being perceived as a U. S.
Company. This definitely changes this, getting new investors in like Cairo, who is one of the main investors in Mixcom, is going to be very important for the company going forward and get sort of a footprint also in the U. S. So merging these 2 strong challenges together, we create the space between the large Companies and the competitors where we can sort of grow and win market shares. Looking at the expected new shareholders from IXCOM, we're going to have Kyros at approximately 9% ownership in CVS after the sort of closing.
Kyros is a sort of a company who invests in ground based in startup and research directly from Please support spin off and invest in them. So we're really excited to work with them and also seeing their Possible and entering into our board, Todd here, which we are looking forward to. Harish is also as the founder, one of the largest shareholders going forward. He's going to have 5% and going down. So total, that's about 19% All the shares including GlobalFoundries, Columbia University will now be owners in Syrris after the closing and CFIUS and all that.
The share price has been decided on a sort of a 10 day VVAP. So that's the sort of closing price in that, the same way we closed the direct share issue yesterday. Looking at sort of the pro form a figures, mixed comments in the face just Before sort of the big rollout, I mean, it's a good phase to sort of do a merger in, I think. And the sales has been sort of just about $1,300,000 for the 1st part of the year. But we're also, of course, seeing with all these Steinway is going forward that this is just the start of things.
Also a few words about our photonics business. There might be people online who You've heard about us before. We have a 3.5 compound semiconductor fab up in Glasgow focusing on indium phosphide, gallium arsenide and gallium nitride. The indium In phosphide is where we've been most successful, I would say, and there we do products in fiber to the home, fiber to into the data center, optical IO, As you heard about sensors, that's where we've been very good lately, winning Fortune 100 customers with quite some investments. Another project we're very proud of being part of this silicon photonics optical IO with AR Labs.
They are sort of changing the world in the future here when we sort of get into the wall on Moore's Law and now sending light within the computers And CPUs and GPUs is sort of the future here. And many, many companies are working on this to get sort of light inside of the computers rather than electricity. And you will save up to 90% of the electricity and I own the power consumption by using this technology. So that we are really in the forefront of the technology also in the photonics business. And here, something that you actually can see why and sort of underpinning that is that we've been working out for 3 years with a very large Fortune 100 and invested at almost $11,000,000 into a new sensor that we are expecting to go into volume here in the future and start building pilot lines.
We also have a second Fortune 100 customer, and this is really important. I mean, the Silvers company here, we I have a long history in sort of being an approved vendor with large companies. MixCom is coming, some have said a bit of younger companies. Syrris has been around since 1951, NICSCOM since 2017, but with long history within the universities and so forth. But here, we can also bring this sort of approved vendor list and all of those things into this and support the future growth of Midstream.
Also together, we're creating a very strong sustainable future with cutting edge technology. So As I mentioned, fibers and silicon photonics with light is sort of saving a lot of energy. We're also building modules, state of the art modules reducing power consumption. The sort of call, algorithm for the digital pre distortion that the Nixcom has developed will definitely sort of reduce the power consumption as well as the groundbreaking technology in the de informers with One of the highest efficiencies in the market will sort of create a very strong sustainable company, and we will definitely Work here in the future to sort of become a green designator on the NASDAQ and work hard on this side as well. So 9 strong points of the merger.
So now we have 14 design wins, 16 now coming to market within 12 months. MixCom has this really strong close ties to GlobalFoundries where sort of most of our 5 gs business is now conducted, and that's going to be extremely important to keep on building on that and I've talked to them and they're very happy to see that we are going in forces. We're increasing the total addressable market 10 fold. Best technologies in the world now, we're collecting them both into the same company with beamformizes, RFISIS and then really covering all license bands, very strong IP portfolio. We're bringing in A lot of more patents than Sievers had ourselves in the 5 gs business, 20 patents.
So we'll have sort of more than 30 patents in the company in general. Algorithm and repeaters, we didn't have that before. That's going to be a strong point in this. Strong sort of presence in EU and U. S, which is sort of really, really good.
We're also adding 20 plus millimeter wave PhDs into the company. Strong distribution with the partners, Sender7 in Asia and customers and ecosystem, but also Richardson RFPB has done a fantastic job building the sales pipeline for MiXCOM and we're very impressed what we can see also beyond sort of And the design lasers and design is and so forth, there is a large pipeline with very interesting parts like, for example, getting into handsets and that kind of stuff. And also working strongly on the photonics and sort of reducing energy consumption and being a sustainable company and pushing on that as well. So that was my presentation. We're actually on 30 minutes here, and we are now open for questioning.
And Please feel free to put any questions in. If you have to choose one main reason for the acquisition, what would that be? I would say It's hard to choose one because there is so many, but if I can say 2 at least, of course, now getting in to having the best beamformers and the best RFIs in the market for millimeter wave, it's really, really strong. We've had the deformer and Mixcom have actually been better than us on doing that and winning this Tier 1 customer. So that is very strong points.
The other one is, of course, the GlobalFoundries part. Working close with them is going to be a game changer for us as well. Has mix come any shifts for smartphones? Yes, I mean, that's what they're working on and how that's going to be possible To get into sort of consumer electronics in the future as well, yes. How big will the approximate cost base from the mix comp be per year?
I don't have that in my hand actually, but there are 20 employees, they are fabulous. A couple of million per employee is my from my head. Will Silvers mix continue under separate brands or will you rename and rebrand the companies? Yes, we will rename MiX coming to Sivers, and it will probably be worked as sort of a business unit within wireless or a business unit with sort of Art of the value chain here like in the Informa and Southcom and so forth. How much money in the bank did Nexmo have At the time of the acquisition, a couple of $1,000,000 but of course, as usual with these acquisitions, that is sort of cleared out when the Those things happen.
So the money in the bank will be what we brought in now. We brought in SEK 400,000,000. We had sort of SEK 120,000,000 before, and then we're paid a cash piece of this. So you can calculate from there. Is this your main step into the U.
S. Market? Or are you still looking at establishing more presence in the Silicon Valley? No, I mean, We have already sort of one person in the photonics business, which will now she is working very close to and live close to San Diego, where we actually will have where the MIXCOM office is. So this is the actual main step in that way.
So we are now So getting offices on both East and the West Coast and which is it can't be better. What's MixCom's burn rate? That is something we haven't shared actually. I cannot share that. Will you count in Nixcom in this year results?
No, probably not since we are waiting for the 6th year's closing. So that will probably start from the end of the year. How many of you have mix from 1 during 2021? Good question. I haven't counted them that way.
I know we have they have sort of 18, But I have to come back on that. How much does acquisition strengthen the company in Satcom? And how is the complementary your fixed by Safaris? Yes, so in SATCOM, of course, this is strengthening us, giving us directly one really very important customer. And we've seen a lot of other customers out there that's moving into this.
You have a coopers with Amazon. You have StarLink, and you have a lot of things. So that's going to strengthen it very good. The other thing is complementing for the fixed wireless access, Of course, it's that the base stations will now sort of be sort of the larger base stations with the 50 type of chipsets The Informa's will now sort of be connected and work so more of in the license band for us. How do you expect the revenue scale up for the expected revenue for Mixcom?
Yes. So I would say that For the coming years, that's when things are going to start scaling up. And it is a bit back Heavy, I would say, for 2022, for example. But then in 2023, we're seeing sort of really Lodge. Does Syrris have any plans for listing the stock in the U.
S? Not currently, but you said never, said never. How is Mixcom's ships unique? Yes. So what Mixcom has developed within from Columbia Tech and the and so forth.
There's a lot of different things. But one thing I can mention is sort of stacked PAs where they're using that to get really high output powering these beamformers. And that is a really important piece for beamformers for SATCOM as well as a full base station. So also they have developed some really low noise figure L and As for SATCOM. How do you feel about Xilinx or SOC?
Is that complements with your tech? Yes, so the Xilinx, that's more of a partner. In the sense, Silinx today, I have stuff on the sub-six gigahertz, but in the Middle East way now, we're becoming also a partner with Silinx via Mixcom. Do you see any immediate cross sales between Silvers Mixed from clients? Yes, of course.
For example, I mentioned the repeatable product. We definitely And quite immediately get the 60 gigahertz product in there. Will you rename brand mix, Kania? Now that will answer that. Will you Civil Semiconductor creates a new ship with combined technology.
Maybe not combined, but there is a lot of IP From the Columbia Tech University, that could be used in the sort of future chipsets that we're looking at like the A27 Ay and so forth in the 60 gigahertz bands as well. So there are things we can do on that end. This kind of foundry partner is consistent in Lucie Mani. Does that concern you? Not in per se.
It's of course, They have been trying to get to that. They are now doing an IPO to fund the company really well, so I'm not concerned in that sense. Acknowledging Silverse Semi's Compostation Corporation, where do you see that today when you can build a product together in concrete plants and this? Yes, so the product we can build together is to repeat their now short term, then longer term sales. Sievers' GM also works I worked in RFSOI and so we can use design engineers in many different areas.
Bar mix can be informer in mass production status. Yes, the first one Aeso and is used today in that's the Summit 20 eight-twenty nine. FTSOI is being used even for the smartphone in the 2nd generation. It's been on a road map. Let's say like this, there are FTSOI, which is quite interesting coming out of global foundries.
So let us come back to that. It seems like the combined entity covers as much more the tech space within millimeter wave than large companies My call comes from the investors to be worried about the future CapEx needs to change the pace with larger companies. So So I think in this way, we are very focused. And the reason that we can do this is that we now have sort of probably one of the largest millimeter wave development teams with a lot of PhDs, sort of 3 different teams, 1 in Gothenburg, 1 in Stockholm, one in Japan and people also in San Diego and so forth. So that is sort of creating a possibility to do things in new verticals.
And in fabless, I mean, the CapEx is not sort of especially high in that sense. What evidence we have at millimeter is actually going to be deployed at scale. Verizon has been pulling back. Now that's not really true if you And to what they're saying, and they're still talking about quite large developments, and they are doing rollouts currently in many, many positions. So The data I just showed you, for example, from mobile experts, they are really, really well positioned and talk to all the big Tier 1s in getting the data in.
So Verizon is not pulling back. Most of the world is going to start rolling out even if European companies are a bit behind so far, but we're going So I'll start seeing that as well soon. Okay. We don't have any more Questions right now. So I like to thank you all for listening in, and thank you for that.
And it's It's going to be TV, I think, an interview here around 9 in the morning. So thank you very much for listening to this. I wish you all a great day, and goodbye.