Smoltek signs evaluation license agreement with leading capacitor manufacturer
Updated: Apr 1, 2020
Smoltek announces that the company has signed an evaluation agreement with one of the world’s largest capacitor manufacturers. The agreement concerns a project with a license for evaluation of Smoltek’s patented carbon nanofiber-based CNF-MIM technology. The intention is to replace the evaluation agreement with a production license agreement as a next step. The order value for this first step amounts to approximately SEK 1 million.
The agreement will be valid until August 2020, with the possibility to extension. During this time, the leading capacitor manufacturer will evaluate Smoltek’s CNF-MIM technology from both a technical and commercial perspective with the ambition to sign a production license agreement as a next step.
“This is the first license agreement that we have signed for our CNF-MIM technology, making it an important milestone for Smoltek. Both parties understand that our technology has great potential in the market for miniaturized high-performing capacitors,” says Smoltek’s CEO Anders Johansson.
During the autumn of 2019, Smoltek was able to demonstrate that the company’s CNF-MIM technology is competitive from an industrial perspective as it offers improved performance while using just a fraction of the space needed for conventional capacitors.
“A substantial reduction of the capacitor thickness is highly coveted in advanced 2.5D and 3D semiconductor circuit packaging solutions,” says Smoltek’s COO Ola Tiverman.
Video: CEO, Anders Johansson comments on the agreement
Image: Anders Johansson, CEO at Smoltek