Important Project of Common European Interest

Um, but, but normally there's push from both sides to get it in as, as quickly as, as possible.

So, um, could you please provide an update on the SIA Micro contract given that SIA entered extraordinary administration in Italy in May 2026? In particular, has InSilica had any further engagement with SIA or the appointed administrator regarding the outstanding 1.6 million provisioned in financial year '25, the status of the EU IPCEI funding, and the potential resumption or transfer of the ASIC program to another party? How do you as- how do you assess the prospects of recovering the outstanding debt and any future revenue from the contract given the change in SIA's financial and legal circumstances? Um, we, we've fully, fully provided for, for the date.

Um, we've taken, uh, SIA out of our, our, our forecasts.

Um, we don't at this point expect the, the program to, to, to restart in, in the short or, or, or medium term.

They did, and this one surprised me, because the EU's whole brand is regulation.

On September 16, the European Commission welcomed 19 member states creating the first important project of common European interest, an IPCEI in AI.

An IPCEI is the state aid thing, right? The tool they normally pull out for batteries and chips.

Exactly.