$GTCH plans to continue expanding the features and AI capabilities of the device on subsequent versions as well. In fact, it was recently announced that the company's joint venture, GBT Tokenize, had begun developing a new radio system for the device.

Rittman also spoke about recent news that the company, along with its joint venture partner Alpha EDA, had commenced the development of IC design productivity enhancement algorithms and methods aimed at accelerating microchips design process. The impetus for such an endeavour is, in part, as a response to foundries - factories that manufacture chips - tending to move toward lower geometries which results in "a bottleneck when it comes to achieving reasonable chips design time."

"That makes the actual design of the chips quite challenging because now designers have to make the chip … complying with these geometrical rules," he said.