First Impression: Looks like a way to turn high-level code (Scala, Java) into low-level FPGA gates / ASIC silicon. If that works for all types of high-level programs, it's absolutely brilliant. If not, it's still a great idea. I wish them much success in the future! (Looking forward to something like Any Language -> LLVM -> FPGA / ASIC...) This is a good step in that direction.