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.
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.
Smoltek demonstrated the World thinnest capacitor in March 2021