Profitable all the same...
...for an emerging technology with no proven products to market.
Considering their partnerships with Microsoft and Huawei, they are obviously on the right track.
The Weightless-W standard is still alive and being pursued as it makes far more sense than Weightless-N for the use-cases they are aiming for, in terms of energy, efficiency, speed, latency.
I would say watch this space.
Great to see this and other Chinese investment in UK R&D.