License agreement for evaluation of CNF-MIM technology extended
Smoltek announces that the agreement signed in the spring with a leading capacitor manufacturer for technical and commercial evaluation of the company's CNF-MIM technology will be extended until the end of October.
September 13, 2020
At the end of March this year, Smoltek announced that the company had signed an evaluation agreement with one of the world’s largest capacitor manufacturers. The agreement, which relates to a license where the company’s patented carbon nanofiber-based CNF-MIM technology is evaluated through a joint project, was originally intended to run until the end of August this year. This agreement has now been extended.
“The scope of the project has been expanded and thus the project period is extended to the end of October. The customer has requested additional tests for their analysis of the CNF-MIM technology and its applications. Although we cannot travel and meet in person at present, the collaboration works very well,” says Ola Tiverman, CRO & COO at Smoltek.
With the extension of the project, the order value has increased from approximately SEK 1 million to SEK 1.35 million.
Image: Ola Tiverman, CRO & COO at Smoltek
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Smoltek conducts operations in the development, industrialization and licensing of technology solutions, based on the company's patent-protected carbon nanofiber technology, for the semiconductor industry within the Group company Smoltek Semi. Its main focus is the industrialization and commercialization of the company’s ultra-thin CNF-MIM capacitors.
Smoltek has developed the world’s thinnest discrete capacitor. You have to stack ten of them on top of each other to reach the same height as today’s industry-standard when it comes to surface-mounted capacitors. The most amazing thing about this microscopic capacitor is its performance. One square millimeter has a capacitance of a whopping 650 nanofarads (650 nF/mm2). Read on for more details.
Smoltek holds unique world patents for technologies that make material engineering on an atomic level possible. Smoltek has solutions that allow continued miniaturization and increased performance of semiconductors, contribute to carbon-free steel production and renewable energy storage, and enable mind control of robotic prostheses. This is a story of how Smoltek came to be.
A main goal for Smoltek Semi is to develop an industrial process for mass production of discrete CNF-MIM capacitors at contract manufacturers (foundry), including a specially designed machine for large-scale production of carbon nanofibers.
Smoltek announces that the agreement signed with a leading capacitor manufacturer for technical and commercial evaluation of the company’s CNF-MIM technology has been further extended, to December 31. At the same time, the parties have initiated a concrete dialogue on a possible continuation of the collaboration, with a decision to be expected during the first quarter of 2021.
Smoltek announces that the agreement signed with a global manufacturer of electronic components for technical and commercial evaluation of the company's CNF-MIM technology will be extended until the end of March 2021. In addition to further evaluation, the parties will also discuss the way forward after the evaluation, including a potential broadening of the collaboration.