SMTK
SMTK just pioneered the first monolithic MicroLED display using its patented OTFT (organic thin-film transistor) technology
Recently Signed a JDA with Shanghai Chip Foundation Semiconductor Technology Co., to co-develop a new generation of microLED-Based backlight technology for Liquid Crystal Displays
READ THE INVESTOR PRESENTATION HERE
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Hello Everyone,
We are back with another exciting profile for you to research immediately. This is another company that is brand new to our lists.
We are extremely excited to put this one in front of you right now as we could possibly seeing it reverse as we speak.
Pull up SMTK right now on your screen and lets get to researching this one.
If you like volatility then SMTK may just be a company you should research thoroughly.
SMTK just bottomed out a few sessions back after a steady decline since the beginning of September.
After that SMTK exploded to roughly 3.60 before settling back at its Current levels.
Smartkem is seeking to reshape the world of electronics with its disruptive organic thin-film transistors (OTFTs) that have the potential to drive the next generation of displays. Smartkem's patented TRUFLEX® liquid semiconductor polymers, can be used to make a new type of transistor that can be used in a number of display technologies, including next generation microLED displays. Smartkem's inks enable low temperature printing processes that are compatible with existing manufacturing infrastructure to deliver low-cost displays that outperform existing models.
Smartkem develops its materials at its research and development facility in Manchester, UK and its semiconductor manufacturing processes at the Centre for Process Innovation (CPI) at Sedgefield, UK. It has a field application office in Taiwan. The company has an extensive IP portfolio including 125 granted patents across 19 patent families and 40 codified trade secrets.
SMTK has entered into a number of joint agreements with outside companies, including:
- February 2024: Shanghai-based Tianma Microelectronics “to integrate Smartkem's Organic Thin-Film Transistor (OTFT) technology with Tianma's oxide transistors to develop OTFT-based microarray biochips.”
- March 2024: Taiwan-based RiTdisplay “for the manufacture of a new type of active-matrix OLED (AMOLED) display.”
- September 2024: Shanghai-based Chip Foundation “to co-develop a new generation of microLED-based backlight technology for Liquid Crystal Displays.”
Dr. Maosheng Hao, chairman of Chip Foundation, said:
“Smartkem is widely recognized as a leading provider of OTFT solutions, with deep expertise and extensive experience in organic dielectric materials, organic semiconductor materials, and related processes. ….
“We believe that this collaboration between our two companies has the potential to expedite the advancement and widespread adoption of this technology by the display industry."
Those are just a few key agreements. If you check out the companies website and news feed you are going to find several more.
Using its TRUFLEX® organic semiconductor and dielectric inks, or liquid polymers, Smartkem has developed a complete six-layer transistor stack and fabrication process. Smartkem’s core chemistry enables its electronic polymers to be processed at temperatures as low as 80oC, which by electronic industry standards is very low. The inks are solution deposited, onto low-cost plastic or glass substrates.
Breakthrough Technology
The TRUFLEX® materials stack is a breakthrough technology comprising six individually designed material formulations encompassing every layer in the device, starting from the initial planarising base layer, all the way through to the final passivation layer chemistry. The ink set includes the active organic semiconductor material and a series of orthogonal passive interlayer inks (Base layer, Self-Assembled Monolayer, Organic Gate Insulator, Sputter Resistant Layer and Passivation layer). Smartkem’s proprietary materials set is covered by an extensive IP portfolio comprising 125 granted patents across 19 patent families and 40 codified trade secrets.
Smartkem Announces Joint Development Agreement with Chip Foundation to Co-Develop a New Generation of MicroLED-Based Backlight Technology for Liquid Crystal Displays
MANCHESTER, England, Sept. 10, 2024 /PRNewswire/ -- Smartkem (Nasdaq: SMTK), a company that has the potential to power the next generation of displays using its disruptive organic thin-film transistors (OTFTs), today announced that it has entered into a joint development agreement with Shanghai Chip Foundation Semiconductor Technology Co., Ltd. ("Chip Foundation"), a manufacturer of semiconductor and integrated circuit devices, to co-develop a new generation of microLED-based backlight technology for Liquid Crystal Displays.
The joint development agreement provides that Smartkem will supply its proprietary organic dielectric single layer material, or Redistribution Layer (RDL), to Chip Foundation to combine with its own microLED devices, for the joint development of microLED based device structures. As part of the co-development project, Smartkem will develop insulator materials that can be used by Chip Foundation to combine its own proprietary microLED devices into a high performance miniLED package containing four microLEDs wired in series. The resulting manufactured chip is expected to have the properties of high brightness coupled with high current efficiency, reducing power losses in driving backlights and improving uniformity of illumination.
Smartkem Chairman and CEO, Ian Jenks, comments, "The JDA with Chip Foundation is expected to further demonstrate the commercial viability of our dielectric single layer materials to customers in the display industry. This JDA follows closely on the heels of our technology collaboration agreement with the Industrial Technology Research Institute (ITRI) in Taiwan to enable product prototyping on its Gen 2.5 hybrid pilot line and reflects the continuing advance of our commercialization strategy."
Dr. Maosheng Hao, Chairman of Chip Foundation, comments, "Smartkem is widely recognized as a leading provider of OTFT solutions, with deep expertise and extensive experience in organic dielectric materials, organic semiconductor materials, and related processes. Their solution coating process technology is a perfect fit with Chip Foundation's specialized processes and techniques in the Mini/MicroLED domain. We believe that this collaboration between our two companies has the potential to expedite the advancement and widespread adoption of this technology by the display industry."
NEWS
MANAGEMENT
Ian Jenks
Chairman and Chief Executive Officer
Ian has more than 30 years of board-level experience in the industrial technology industry and has served as chief executive officer of companies operating in the United States and Europe. Ian was formerly the president of Uniphase Inc, Chairman of Oplink Communications Inc which he took public on the NASDAQ and spent seven years as a partner of Crescendo Ventures llp. Ian founded and since August 2010 has acted as the CEO of Ian Jenks Limited, a consulting company providing consulting services to companies in the industrial technology industry. Ian has been a director of Techstep ASA, a provider of managed mobile services in the Nordics, Paysafe plc., an international provider of payment processing services, and Brady plc, a provider of commodity trading software. He also has served and continues to serve as a director of a number of private companies. Ian received a B.Sc. in Aeronautical Engineering from Bristol University.
Beverley Brown
Chief Scientist
Prior to joining Smartkem, Beverley held a number of research and development positions in the technology field of advanced materials at Imperial Chemical Industries Ltd. (“ICI”), Zeneca Group PLC and at the Avecia Group PLC. She formed BAB Consultants Ltd in 2006 and for approximately eight years provided consulting services to a number of chemical companies, as well as to the UK government and to the UK’s Centre for Process Innovation, CPI. Beverley has worked in the field of organic semiconductor technology and in printable electronics for almost 20 years. Beverley holds a Ph.D. in Organic Chemistry from the University of Glasgow.
Barbra Keck
Director and Chief Financial Officer
Barbra Keck was formerly the Chief Financial Officer of Deverra Therapeutics, Inc., a developer of cell therapies. Prior to that, she held positions of increasing responsibility at Delcath Systems, Inc., a Nasdaq-listed interventional oncology company, starting as Controller in 2009 and ultimately becoming chief financial officer in February 2017, a position which she held until 2020.
Simon Ogier
Chief Technology Officer
Simon joined Smartkem as CTO in 2019 and is an internationally recognized expert in the field of organic thin-film transistors. Since 2001 he has worked to develop high performance organic semiconductors for transistor applications within companies such as Avecia, Merck, CPI and more recently with NeuDrive Limited. From 2007 whilst at CPI Simon had a major role in establishing the UK’s National Printable Electronics Centre (PETEC), housing a range of state-of-the-art fabrication equipment for pilot scale production of plastic electronic devices. The facility includes £35m of capital equipment capable of processing substrates up to 370 x 470mm in size. He currently manages a team of 19 engineers and scientists using the equipment for Smartkem’s process development and prototype fabrication. Simon has co-authored 30 journal articles and has been co-inventor on 16 patent families. He serves as the project leader for the standard IEC62899-203 “Semiconductor ink” within IEC TC119 WG2 (Printed Electronics – Materials) and has previously participated in IEEE standards for the organic transistor measurement
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