Atomera’s Advanced Materials R&D Provides Specialized Expertise to the CHIPS and Science Act Funded Innovation Hub
October 17 2023 - 5:00PM
Business Wire
The ASU-led Southwest Region Innovation Hub
Supports the Goal of Expanding U.S. Global Leadership in
Microelectronics
Atomera Incorporated (NASDAQ:ATOM), a
semiconductor materials and technology licensing company, announced
today that it is part of the Southwest Advanced Prototyping Hub, a
regional hub led by Arizona State University (ASU). Atomera is one
of the 27 HUB partners with a shared vision to advance the
microelectronics needs of the U.S. Department of Defense (DoD) from
the "Creating Helpful Incentives to Produce Semiconductors (CHIPS)
and Science Act." In September, the DoD awarded $238 million in
funding to eight universities and research institutions — including
$39.8 million to ASU — to build a nationwide network of facilities
in the U.S. aimed to safeguard against the risks caused by supply
chain disruptions and to minimize the dependency on foreign
components for accessing cutting-edge microchips.
ASU’s state-of-the-art research centers, labs, and equipment
provide partners with access to the latest semiconductor equipment
and metrology. With an existing partnership with ASU, Atomera is
well-positioned to maximize the government’s investment by
advancing semiconductor materials quickly.
“Leveraging our existing relationship with ASU and now being
part of this groundbreaking innovation hub, this partnership will
help us share our knowledge and drive advancements to power the
future of U.S. semiconductor production,” said Scott Bibaud,
President and CEO of Atomera. “Atomera is looking forward to
accelerating the world’s most advanced research and redefining
what’s possible in semiconductor technology.”
Atomera has an expansive portfolio of quantum-engineered
materials technologies, including the company’s Mears Silicon
Technology (MST®), proven to improve performance, power, area, and
capacity (PPAC). Through this initiative, Atomera will supercharge
America's ability to prototype, manufacture, and produce
microelectronics scale alongside ASU.
Follow Atomera: Company website:
https://atomera.com/ Atomera whitepaper:
https://atomera.com/news-and-blogs/ Atomera blog:
https://atomera.com/news-and-blogs/ LinkedIn:
www.linkedin.com/company/atomera/
About Atomera
Atomera Incorporated, one of America’s Top 100 Best Small
Companies in 2022, ranked by Forbes, is a semiconductor materials
and technology licensing company focused on deploying its
proprietary, silicon-proven technology into the semiconductor
industry. Atomera has developed Mears Silicon Technology™ (MST®),
which increases performance and power efficiency in semiconductor
transistors. MST can be implemented using equipment already
deployed in semiconductor manufacturing facilities and is
complementary to other nano-scaling technologies in the
semiconductor industry roadmap. More information can be found at
https://atomera.com/.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231017399681/en/
Media Contacts: Justin Gillespie The Hoffman Agency (925)
719-1097 jgillespie@hoffman.com
Jeff Lewis: Senior VP of Marketing and Business
Development, Atomera (408) 442-5248 jlewis@atomera.com
Atomera (NASDAQ:ATOM)
Historical Stock Chart
From Jul 2024 to Aug 2024
Atomera (NASDAQ:ATOM)
Historical Stock Chart
From Aug 2023 to Aug 2024