Sign up for our newsletter!
Your data will be handled in compliance with our privacy policy.
Smoltek signs MoU with global manufacturer of capacitors
The Group company Smoltek Semi has signed a Memorandum of Understanding (MoU) with a global manufacturer of capacitors for the joint development of Smoltek's ultra-thin CMF-MIM capacitors and, provided that the development goals are achieved, mass production and sales via a 50/50-owned joint venture.
June 30, 2022
The MoU also refers to the potential formation of a 50/50-owned joint venture which, if it is formed, will receive a license for mass production and sales of CNF-MIM capacitors in the discrete capacitors segment. The capacitor manufacturer has, in the event of the joint venture being formed, undertaken to take responsibility for the day-to-day operations of the planned joint venture, as well as to invest a total of 3.5 million USD in the development project, of which 1.5 million USD will be paid to Smoltek Semi when the planned Joint Development Agreement (JDA) for the initial part of the project has been signed.
“This agreement with a global capacitor manufacturer is a historic milestone for Smoltek. We now have a perfect partner in place to complete a competitive product and industrial mass production process for our ultra-thin CNF-MIM capacitors. Given that we succeed in this, the joint venture that we plan to start will have excellent conditions to take a significant share of the market for decoupling capacitors by utilizing our partner’s established network in the semiconductor industry. I am very proud of Smoltek’s entire team that has made it possible to take such an important step closer to our goal of becoming an innovative industrial company based on our patented nanotechnology platform,”
says Smoltek’s CEO Håkan Persson
Smoltek Semi has been collaborating with a global manufacturer of passive components for the evaluation of Smoltek’s patented technology platform, which enables manufacturing of ultra-thin carbon nanofiber capacitors, since 2020. The evaluation license agreement for this collaboration has been gradually extended, most recently to the end of June 2022, with the purpose to reach an agreement on the terms of the MoU which has now been signed.
Read more about the agreement in the official press release.
Sign up for our newsletter!
Your data will be handled in compliance with our privacy policy.
Related news and insights
Carbon nanofibers in the semiconductor industry
With our carbon nanofibers (CNFs) fabrication technology, we develop advanced packing solutions and ultra-miniaturized capacitors for use in the semiconductor industry.
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.
CNF-MIM technology license agreement extended – again
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.
Miniaturized capacitors with carbon nanofibers
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—from carbon nanofibers to mind-controlled robotic prostheses
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.
Operational update on the activities in Smoltek Semi
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.