Smoltek initiates MoU-negotiations for joint development of ultra-thin capacitors
Smoltek and the subsidiary Smoltek Semi has extended its evaluation license agreement with a global manufacturer of passive components. The parties will also define and agree upon the terms of a Memorandum of Understanding for the joint development of an industrial mass-production process for Smoltek’s ultra-thin carbon nanofiber capacitors.
The Group company Smoltek Semi has been collaborating with a global manufacturer of passive components for the evaluation of Smoltek’s patent protected technology platform, which enables manufacturing of ultra-thin carbon nanofiber capacitors, since 2020.
The evaluation license agreement for this collaboration will now be extended for two months, until the end of June 2022. The extension is made to enable the two companies to reach a Memorandum of Understanding (MoU) for a continued collaboration towards mass-production of Smoltek’s ultra-thin carbon nanofiber capacitors (CNF-MIM). The MoU-negotiations have been initiated.
“We are really excited that this global manufacturer of passive components, after a comprehensive evaluation of our technology, is now prepared to take the collaboration with us to the next level,”
says Håkan Persson, CEO of Smoltek and President of Smoltek Semi.
The purpose of the MoU is to define and agree upon both parties’ intents, requirements, and the structure for the continued development and implementation of an industrial mass production process for Smoltek’s ultra-thin carbon nanofiber capacitors.
“We are now defining the way forward together with this major capacitor vendor to bring our ultra-thin CNF-MIM capacitors to the market. I view the initiation of these MoU negations with our partner as a strong validation of Smoltek’s technology and know-how, as well as the commercial potential for our ultra-thin carbon nanofiber capacitors,”
The companies expect that it will be possible to reach a MoU before the end of June 2022, when the new extension of the evaluation license ends.
Top image: Håkan Persson, CEO of Smoltek and President of Smoltek Semi