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Atomera Signs Commercial License Agreement with STMicroelectronics

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Atomera Incorporated has announced a commercial license agreement with STMicroelectronics (ST), allowing ST to implement Atomera’s Mears Silicon Technology™ (MST®) in its manufacturing processes. This technology enhances semiconductor performance, reducing die sizes by over 20%, and improves power efficiency in various electronic devices, from mobile phones to electric vehicles (EVs). Executing this agreement positions Atomera to quickly bring MST-enabled products to market, potentially increasing their competitive edge. The collaboration aims to address yield and performance challenges while lowering costs in semiconductor manufacturing.

Positive
  • The agreement with ST enables immediate implementation of MST technology, enhancing semiconductor performance.
  • MST delivers significant advantages such as reduced die sizes (20% or more) and lower on-resistance.
  • Collaboration with industry leader ST strengthens Atomera's market position and growth potential.
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  • None.

Agreement Allows ST to Manufacture and Ship MST-Enabled Products

LOS GATOS, Calif.--(BUSINESS WIRE)-- Atomera Incorporated (NASDAQ:ATOM), a semiconductor materials and technology licensing company, today announced the execution of a commercial license agreement with STMicroelectronics (ST). This agreement enables ST to install Atomera’s Mears Silicon Technology™ (MST®) into its facilities and authorizes ST to manufacture and distribute MST-enabled products to its customers.

MST is a quantum-engineered material that enhances transistors to deliver significantly better performance in semiconductor devices, while shrinking die sizes and reducing cost in today’s electronics. In power devices, performance improvements typically include lower “on” resistance, higher breakdown voltages, and die size reductions of 20% or more. As these devices are ubiquitous in all electronic segments, this means consumer electronics such as mobile phones can have longer battery life, datacenters and EVs can improve efficiency, and all segments can lower their component costs.

“With the execution of this agreement, Atomera will be working with ST to bring to production ST products that are enhanced with all the benefits of MST as soon as possible,” said Scott Bibaud, Atomera’s president and CEO. “We are thrilled to be working with an industry leader like ST to commercialize MST in its flagship smart power products.”

MST Technology Benefits

Manufacturers can address their yield, power, and performance challenges at a fraction of the cost of alternative approaches. Atomera breathes new life into semiconductor fabs by providing up to a full node of performance benefits to existing fabs, empowering competitive new product designs on existing lines. Atomera’s patented material technology enables more efficient and better controlled current flow, leading to dramatic improvements in device performance and power efficiency.

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Company website: https://atomera.com/
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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 www.atomera.com.

Media Contact:

Justin Gillespie

The Hoffman Agency

(925) 719-1097

jgillespie@hoffman.com

Jeff Lewis

Senior VP Marketing and Business Development, Atomera

(408) 442-5248

jlewis@atomera.com

Investor Contact:

Bishop IR

Mike Bishop

(415) 894-9633

investor@atomera.com

Source: Atomera Incorporated

FAQ

What is the recent agreement between Atomera and STMicroelectronics?

Atomera has entered a commercial license agreement with STMicroelectronics, allowing ST to use Atomera's Mears Silicon Technology (MST) in manufacturing.

How does Mears Silicon Technology benefit the semiconductor industry?

Mears Silicon Technology enhances semiconductor performance, reduces die sizes by over 20%, and improves power efficiency in electronic devices.

What impact will the agreement have on Atomera's products?

The agreement will enable Atomera to quickly bring MST-enhanced products to market, potentially increasing their competitiveness.

When was the Atomera and STMicroelectronics agreement announced?

The agreement was announced recently, with a press release dated April 26, 2023.

What are the expected outcomes of the Atomera and STMicroelectronics partnership?

The partnership is expected to enhance product performance and efficiency, addressing yield challenges while reducing manufacturing costs.

Atomera Incorporated

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Semiconductor Equipment & Materials
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