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Atomera Incorporated (NASDAQ: ATOM) is a U.S.-based semiconductor materials and technology licensing company dedicated to enhancing electronic performance through its proprietary materials. The company's core innovation, Mears Silicon Technology (MST™), is a re-engineered silicon thin film designed to significantly improve the performance and power efficiency of CMOS-type transistors, which are widely used in the semiconductor industry.
Atomera's MST™ technology can be integrated using existing equipment in semiconductor manufacturing facilities, making it a cost-effective solution for wafer manufacturers and electronic device designers. The MST™ film, typically between 100 to 300 angstroms thick, enhances transistor performance by reducing power consumption, improving operational efficiency, and lowering manufacturing costs. This versatile technology finds applications in various sectors, including analog, DRAM, FinFET technology, logic and processors, and SRAM.
Atomera is actively involved in demonstration and evaluation programs with several of the world's top 10 semiconductor manufacturers and R&D facilities. These collaborations have validated MST™'s ability to enhance both transistor channel properties and overall semiconductor performance. The company recently announced significant progress with customers and increased participation in development ecosystem organizations, suggesting a promising future for MST™ in the global semiconductor market.
In terms of financial performance, Atomera has faced challenges typical of early-stage enterprises, including operating losses and the need for continued capital investment. However, the company's achievements in completing milestones under its first commercial license agreement have paved the way for ongoing product royalties. Atomera has also secured a substantial cash reserve, providing a stable financial foundation to support its growth initiatives.
Recent company updates include the successful release of financial results for Q3 2023, highlighting a net loss of ($5.0) million and cash reserves of $20.4 million. The company has also planned several live webinars to discuss financial results and further developments, reflecting its commitment to transparent and continuous communication with investors.
Looking ahead, Atomera's strategic focus is on moving additional customers along the engagement pipeline towards the royalty phase. The company is optimistic about the potential for MST™ to drive advancements in the semiconductor industry, especially in highly competitive markets. For more detailed information, visit the company's investor relations website at https://ir.atomera.com.
Atomera announced its Q2 2021 financial results, reporting a net loss of ($3.7) million, or ($0.17) per share, an improvement from a net loss of ($3.8) million, or ($0.21) per share in Q2 2020. Adjusted EBITDA loss improved slightly to ($2.9) million from ($3.0) million year-over-year. The company held $34.3 million in cash as of June 30, 2021. Management highlighted progress in its semiconductor technologies, including MST-SP and RF-SOI, and announced the appointment of new senior executives to enhance business development.
Atomera Incorporated (NASDAQ:ATOM) will announce its second quarter 2021 financial results after market close on August 3, 2021. A live webinar is scheduled for the same day at 2:00 p.m. PT to discuss the results, accessible via the company’s investor relations website. Atomera focuses on semiconductor materials and technology and has developed Mears Silicon Technology™ (MST®), enhancing performance and efficiency in semiconductor transistors. More details are available on www.atomera.com.
Atomera Incorporated (NASDAQ:ATOM) announced the appointment of Jeff Lewis as senior vice president of marketing and business development on June 2, 2021. Lewis brings extensive experience from the semiconductor industry, focusing on technology licensing. His role aims to advance Atomera's patented MST technology and enhance strategic business relationships. CEO Scott Bibaud highlighted Lewis’s expertise as crucial for guiding the company's technology to market, while Lewis expressed enthusiasm for helping reduce costs and power consumption in semiconductor devices.
LOS GATOS, CA / ACCESSWIRE / May 25, 2021 - Atomera, a semiconductor materials and technology licensing company, announced its participation in the Stifel 2021 Virtual Cross Sector Insight Conference on June 10, 2021. The presentation is scheduled for 3:20 p.m. Eastern Time and will be webcast live from Atomera's investor relations website, with an archive available for 90 days. Atomera focuses on deploying its proprietary Mears Silicon Technology (MST) to enhance semiconductor performance and efficiency.
Atomera Incorporated (NASDAQ:ATOM) announced its participation in two upcoming investor conferences. The first is the 6th Annual Oppenheimer Emerging Growth Conference on May 11, 2021, featuring one-on-one meetings with institutional investors. The second is the 16th Annual Needham Virtual Technology & Media Conference on May 18, 2021, which includes a presentation at 12:45 pm ET and further one-on-one meetings. Interested parties can access the live webcast through Atomera's investor relations website, which will be archived for 90 days.
Atomera Incorporated (NASDAQ:ATOM) reported significant first-quarter results for 2021, recognizing $400,000 in revenue, a substantial increase from $62,000 in Q1 2020. The net loss remained steady at ($3.6) million but improved on a per-share basis. The company appointed Sudarsan Srinivasan as Vice President of Engineering, enhancing its leadership to drive the commercialization of MST technology, aimed at addressing industry capacity issues. As of March 31, 2021, Atomera held $36.7 million in cash and cash equivalents.
Atomera Incorporated (NASDAQ:ATOM) plans to release its first quarter 2021 financial results on April 28, 2021, after market close. The company will also host a live video webinar at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results. Atomera specializes in semiconductor materials and technology licensing, focusing on Mears Silicon Technology™ (MST™), which enhances performance and efficiency of transistors with existing manufacturing equipment. For more information, visit www.atomera.com.
Atomera Incorporated (NASDAQ:ATOM) announced the appointment of Sudarsan Srinivasan as vice president of engineering, effective immediately. Srinivasan will oversee technology development and integration engineering, drawing from extensive experience in semiconductor process development from his prior role at Applied Materials. His expertise is crucial as Atomera aims to enhance its patented MST technology in the $450 billion semiconductor industry, addressing the shift towards automation and AI while maintaining power efficiency.
Atomera (NASDAQ:ATOM), a leader in semiconductor materials and technology licensing, announced its participation in the 2021 Loop Capital Markets Annual Consumer, Industrial, and TMT Conference on March 12, 2021. The event will feature one-on-one and small group meetings, which are invitation-only and require registration. Atomera aims to showcase its Mears Silicon Technology™ (MST®), enhancing semiconductor performance and efficiency. For details on scheduling meetings, interested parties can reach out via Atomera's investor relations.
Atomera Incorporated (NASDAQ:ATOM) announced on March 2, 2021, that it has advanced a joint development agreement (JDA) customer to the fourth phase of its customer engagement process. This marks the first customer to reach this stage, indicating successful delivery of the Mears Silicon Technology (MST) intellectual property transfer package. Atomera's customer pipeline consists of 25 engagements: nine in phase one, 15 in phase three, and one in phase four. MST aims to improve semiconductor performance and power efficiency, compatible with current manufacturing processes.
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