License agreement for evaluation of CNF-MIM technology extended

Smoltek announces that the license agree­ment, signed with a glob­al man­u­fac­tur­er of elec­tron­ic com­po­nents for its tech­ni­cal and com­mer­cial eval­u­a­tion of Smoltek’s capac­i­tor tech­nol­o­gy, will be fur­ther extend­ed until the end of August 2021. The extend­ed joint project will con­tin­ue with the aim of mak­ing it pos­si­ble for the cus­tomer to enter into a com­mer­cial licens­ing agree­ment with Smoltek.

The license agree­ment signed in April 2020 with a world-lead­ing man­u­fac­tur­er of pas­sive elec­tron­ic com­po­nents, includ­ing capac­i­tors, has pre­vi­ous­ly been extend­ed until March 2021. One of the rea­sons behind this exten­sion has been a spe­cif­ic tech­ni­cal chal­lenge that took longer than expect­ed to solve.

Anoth­er rea­son is that the ongo­ing pan­dem­ic sit­u­a­tion has affect­ed the time required for sev­er­al work process­es in the project. Smoltek has recent­ly suc­ceed­ed in deliv­er­ing very good results which have con­vinced the cus­tomer of the poten­tial for capac­i­tors based on Smoltek’s CNF-MIM capac­i­tor technology.

“I am very pleased to be able to extend this impor­tant next devel­op­ment stage in the col­lab­o­ra­tion, where the cus­tomer con­tin­ues to believe in the great poten­tial of our CNF-MIM capac­i­tor tech­nol­o­gy and that they have con­fi­dence in the Smoltek team’s abil­i­ty to devel­op the tech­nol­o­gy fur­ther” says Ola Tiver­man, CEO of the sub­sidiary Smoltek Semi AB, which is respon­si­ble for licens­ing Smoltek’s tech­nol­o­gy to com­pa­nies in the semi­con­duc­tor industry.

“We are now in a great posi­tion to final­ize this phase of the project accord­ing to their spec­i­fi­ca­tions,” Ola Tiver­man concludes.

Image: Ola Tiver­man, Pres­i­dent at Smoltek Semi

This con­tent is from a press-release pub­lished on April 16.

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