Atomera Inc (ATOM)

[Theo]

$ATOM Atomera Enters into Joint Development Agreement with Major Foundry

April 27, 2022

Further Customer Momentum Validates use of MST to Enhance Semiconductor Performance

LOS GATOS, CA / ACCESSWIRE / April 27, 2022 / Atomera Incorporated (NASDAQ:ATOM), a semiconductor materials and technology licensing company, today announced that it has entered into a new Joint Development Agreement with a major semiconductor foundry. Building off the recently announced integration license with another semiconductor foundry, and having successfully met the goals of a JDA entered in 2021, this latest agreement further validates the growing market interest in Mears Silicon Technology™ (MST®) as a semiconductor manufacturing process enhancement for both performance and cost advantages.

"We are excited to be working with another foundry partner to bring the benefits of MST to the market," said Scott Bibaud, president and CEO of Atomera. "Making MST available at the foundry level will make the advantages of MST available to fabless semiconductor designers everywhere, which has been one of Atomera's goals."

MST is a quantum-engineered material that enhances transistors to deliver significantly better performance in semiconductor devices, while shrinking die sizes and reducing costs. The technology is applicable to most semiconductor manufacturing processes, from the most advanced nodes to mainstream 200mm and 300mm processes. As it is a complementary material technology to other nano-scaling technologies in the semiconductor industry roadmap, it can be implemented on standard manufacturing tools without significant additional cost or modification to the current semiconductor fabrication process. When successfully integrated, MST can deliver up to a full node of power and performance improvement within the same geometry.

The terms of the most recent JDA contract were not announced.