SmartKem, Inc.

Smartkem is an electronics company focused on developing a new class of transistors using proprietary advanced semiconductor materials. The company's TRUFLEX® semiconductor polymers facilitate low-temperature printing processes compatible with existing manufacturing infrastructure, aiming to deliver low-cost, high-performance displays. Smartkem's semiconductor platform is applicable across various display technologies, including MicroLED, liquid crystal display (LCD), and AMOLED, and in advanced computer and artificial intelligence chip packaging, sensors, and logic applications. The company designs and develops its materials at a research and development facility in Manchester, UK, and offers prototyping services at the Centre for Process Innovation in Sedgefield, UK. Smartkem also maintains a field application office in Hsinchu, Taiwan, near its collaboration partner, The Industrial Technology Research Institute of Taiwan. Together with partners, Smartkem is developing a commercial-scale production process and Electronic Design Automation (EDA) tools for its materials to demonstrate commercial manufacturing viability for new generation displays. Smartkem supplies its advanced materials as stable liquid inks, with each ink forming a separate device layer. These inks are designed to meet customer-specified device performance and electrical stability. The company provides the ink set with a detailed process of record (POR) for producing the desired device. During the first quarter of 2026, Smartkem transferred its patent portfolio to a third party but retains its process and formulation intellectual property, codified in 40 trade secrets.