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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.

April 18, 2021

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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