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ODYSSEY SEMCONDCTR TECH - ODII STOCK NEWS

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Odyssey Semiconductor Technologies, Inc., a semiconductor device company founded in 2019 and based in Ithaca, New York, specializes in developing high-voltage power switching components and systems using gallium nitride processing technology. The company is dedicated to advancing its Vertical GaN technology to replace silicon carbide (SiC) in the high-voltage power semiconductor market. Odyssey's innovative approach offers significant commercial advantages over competing technologies, aiming to provide smaller, lighter, and more cost-effective power systems. With a growing pipeline of foundry service projects and ongoing financial reviews to address long-term financing needs, Odyssey Semiconductor is at the forefront of semiconductor technology innovation.

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Odyssey Semiconductor Technologies, Inc. reported its first quarter 2023 results. The company successfully delivered vertical GaN product samples to lead customers in Q1 and is now focused on delivering samples to additional customers and signing product development agreements. Odyssey is engaged in product definition conversations with leading EV automotive, industrial motor, and renewable energy customers. The market for the company's 650 and 1200 volt power devices is expected to exceed $5 billion in 2027 with a 40% combined CAGR.
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Odyssey Semiconductor Technologies, Inc. (OTCQB:ODII) announced that CEO Mark Davidson will present at the Emerging Growth Virtual Conference on April 5, 2023, at 1:45 PM ET. The presentation will cover upcoming milestones for 2023, following the successful delivery of vertical GaN product samples in Q1. Interested analysts and investors can access the live webcast through the Company's Investor Relations website, with options to submit questions in advance. Odyssey develops high-voltage power switching components using proprietary GaN technology, aiming to advance commercialization through customer agreements.

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Odyssey Semiconductor Technologies (OTCQB:ODII) successfully delivered vertical GaN product samples to lead customers in Q1 2023, validating superior performance metrics compared to competing technologies. The company plans to sign product development agreements by Q2 2023, with ongoing discussions with key customers in the EV, industrial motor, and renewable energy sectors. The overall market for 650 and 1200 volt devices is projected to exceed $5 billion by 2027, experiencing a combined CAGR of 40%. The company emphasizes its unique positioning in a rapidly growing market, focusing on commercialization and responding to strong customer demand.

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Odyssey Semiconductor Technologies (OTCQB:ODII) will have its CEO, Mark Davidson, participate in one-on-one meetings at the Roth Capital 35th Annual Conference on March 14, 2023. This participation follows a successful year where the company completed high-voltage GaN sample fabrication. Davidson expressed optimism about securing product development agreements with customers by the end of Q2 2023. Interested parties can request meetings or product information via email. Odyssey is advancing GaN technology, aiming to replace SiC in high-voltage applications, leveraging its manufacturing facility in Ithaca, NY.

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Odyssey Semiconductor Technologies, Inc. (OTCQB:ODII) announced significant advancements in its vertical Gallium Nitride (GaN) product development during its Q4 2022 results. The company successfully completed the fabrication of 650 and 1200 volt GaN samples in Q4 2022, with shipments planned for Q1 2023. Odyssey anticipates securing product development agreements by the end of Q2 2023. The market for 650 and 1200 volt devices is projected to exceed $5 billion by 2027, reflecting a combined 40% CAGR. Odyssey secured $2.35 million in funding and is positioned to benefit from the CHIPS and Science Act, enhancing its commercialization efforts.

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Odyssey Semiconductor Technologies, Inc. (OTCQB:ODII) will report its fourth quarter and full year 2022 results on February 7, 2023, after market close. A conference call and webcast featuring CEO Mark Davidson will commence at 5:00 PM ET on the same day, allowing for Q&A from analysts and investors. Interested parties can access the call via this link or through dial-in options. The company develops innovative high-voltage power switching components using proprietary Gallium Nitride (GaN) technology and operates a state-of-the-art semiconductor manufacturing facility in Ithaca, NY.

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Odyssey Semiconductor Technologies, Inc. (OTCQB:ODII) announced that CEO Mark Davidson will present at the Emerging Growth Virtual Conference on February 8, 2023, at 12:35 PM ET. The presentation will focus on the company's milestones for 2023, including the completion of fabrication in Q4 2022 and upcoming product development agreements. Attendees can access the live webcast on the company’s Investor Relations website and submit questions in advance. Odyssey is developing high-voltage power switching components using proprietary Gallium Nitride (GaN) technology, aiming to replace existing SiC materials.

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Odyssey Semiconductor Technologies (OTCQB:ODII) has completed the fabrication of its 650 and 1200 volt vertical GaN samples, with customer shipments starting in Q1 2023. The company anticipates securing development agreements by the end of Q2 2023. CEO Mark Davidson emphasized the strong customer interest and the importance of customer feedback for product refinement. Odyssey's vertical GaN technology is expected to outperform existing silicon-based products, with growth projected at 40% CAGR through 2027, making the overall market exceed $5 billion by that year.

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FAQ

What is the current stock price of ODYSSEY SEMCONDCTR TECH (ODII)?

The current stock price of ODYSSEY SEMCONDCTR TECH (ODII) is $0.02 as of December 20, 2024.

What is the market cap of ODYSSEY SEMCONDCTR TECH (ODII)?

The market cap of ODYSSEY SEMCONDCTR TECH (ODII) is approximately 438.0K.

Where is Odyssey Semiconductor Technologies, Inc. based?

Odyssey Semiconductor Technologies, Inc. is based in Ithaca, New York.

What is the focus of Odyssey Semiconductor Technologies, Inc.?

Odyssey Semiconductor Technologies, Inc. specializes in developing high-voltage power switching components and systems using gallium nitride processing technology.

What are some of the advantages of Odyssey's technology over competing technologies?

Odyssey's approach offers significant commercial advantages over silicon carbide (SiC), enabling smaller, lighter, and more cost-effective power systems.

What is the status of Odyssey's Vertical GaN technology development?

Odyssey Semiconductor is actively scaling its Vertical GaN technology and developing the manufacturing process to create larger devices capable of handling higher current.

How is Odyssey Semiconductor addressing long-term financing needs?

Odyssey Semiconductor is reviewing strategic opportunities to secure longer-term financing and exploring various financial alternatives to support its operations and technology development.

ODYSSEY SEMCONDCTR TECH

OTC:ODII

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438.03k
6.13M
58.01%
Semiconductors
Technology
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United States of America
Ithaca