Smoltek inks agreement with manufacturer of passive electronic components

EDITOR'S 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.