Atomera Inc

The company develops, commercializes, and licenses proprietary processes and technologies for the semiconductor industry, which is valued at over $700 billion. Its primary technology is Mears Silicon Technology™, or MST®, a thin film of reengineered silicon. MST is a proprietary and patent-protected performance enhancement technology designed to address key engineering challenges in the semiconductor industry. It offers benefits to the semiconductor manufacturing process by enabling smaller transistors with increased speed, reliability, and power efficiency. As an additive and low-cost technology, MST can be deployed on an industrial scale using common semiconductor manufacturing machines. The company believes MST can be incorporated into common semiconductor products, including analog, logic, optical, and memory integrated circuits. The company does not design or manufacture wafers or integrated circuits directly. Instead, it develops and licenses technologies and processes that offer designers and manufacturers of wafers and integrated circuits a low-cost solution for greater performance and lower power consumption. Its customers and partners include foundries (which manufacture integrated circuits for fabless manufacturers), integrated device manufacturers (IDMs, which design and manufacture integrated circuits), fabless semiconductor manufacturers (which design integrated circuits and outsource manufacturing), manufacturers of semiconductor wafers, original equipment manufacturers (OEMs) that make epitaxial machines, and electronic design automation companies. The company's main business objective is to enter into commercial license agreements, generating license revenues and ongoing royalties from the manufacture and sale of MST-enabled products.