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© Smoltek Business | April 22, 2020

Smoltek inks agreement with manufacturer of passive electronic components

Swedish process technology company, Smoltek, has signed yet another evaluation agreement, this time with an unnamed manufacturer of passive electronics components including capacitors.

Updated; May 11, 2020 4:18 PM
{{functions.webify.editors-note}} An earlier version of this article, published by Evertiq, stated that Smotlek had signed an agreement with an unnamed Chinese manufacturer of passive components and capacitors; this information is incorrect. Neither the company’s name nor origin has been disclosed.
The agreement relates to an evaluation license where Smoltek's patented carbon nanofiber-based CNF-MIM technology is evaluated in a joint project. The order value for this first step amounts to approximately SEK 1 million (about EUR 100’000) and is intended to lead to a production license agreement in the next step. This is the second evaluation license agreement that Smoltek has signed for its carbon nanofiber-based capacitor technology in 2020. The first agreement was signed in late March with one of the world’s largest manufacturers of capacitors. “In a short time, we have now signed two evaluation license agreements for our carbon nanofiber-based capacitor technology with significant players in the electronics and semiconductor industry. This shows that we have now reached a point where there is a firm commercial interest in this technology. Furthermore, the fact that we sign this agreement under prevailing circumstances makes it clear that the electronics industry is not pausing its forward-looking business due to the coronavirus situation,” says Smoltek’s CEO Anders Johansson, in a press release. “We have been working with this customer for some time, and it is exciting that we now have been able to sign a formal evaluation license agreement. This means that we can now intensify the collaboration with the aim of supporting them in the development of commercial products based on Smoltek's CNF-MIM technology,” says Smoltek’s COO Ola Tiverman.
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