Intrinsic closes £1.35m seed funding round to prototype next generation memory devices
March
22,
2021 – London - Memory innovator Intrinsic Semiconductor Technologies Ltd (“Intrinsic”) has announced the close of a £1.35m seed funding round led by investors UCL Technology Fund and IP Group plc.
The funding will enable Intrinsic to disrupt the $60bn non-volatile memory market by partnering with leading semiconductor research foundry, imec in Belgium, to develop prototypes of its proprietary nonvolatile memory devices using industry standard ‘complementary metal oxide semiconductor’ (CMOS) processing on 300mm silicon wafers.
Memory performance is a limiting factor in nearly all current and emerging computing applications and Intrinsic’s technology will address this through superior performance while adhering to well established and low-cost manufacturing techniques. Non-volatile memory is used in a large and ever-increasing range of electronic products. It is the pe
Share this article
ITHACA, N.Y., April 1, 2021 /PRNewswire/
Odyssey Semiconductor Technologies, Inc. ( Odyssey , Odyssey Semiconductor , or the Company ), a semiconductor device company developing innovative high-voltage power switching components based on proprietary Gallium Nitride (GaN) processing technology, today announced it has raised $5 million (1.25 million shares at $4.00 per share) in a common stock private placement to further fund the development and production of high-voltage vertically-conducting GaN power-switching devices. GP Nurmenkari, as consulted by Intuitive Venture Partners, acted as the exclusive placement agent. We welcome the new shareholders to Odyssey Semiconductor and their support in enabling more efficient and compact power conversion for applications such as electric vehicles, said Alex Behfar, Chairman and CEO of Odyssey Semiconductor. With the entire world focused on the adoption of clean energy and electric power, we re excited about the
Odyssey Semiconductor Technologies, Inc (OTCQB: ODII) Provides Preliminary Full Year 2020 Financial Results After Listing as a Publicly Traded Company prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
DuPont Reports Fourth Quarter 2020 Results
- 4Q20 GAAP EPS from continuing operations of $0.37; adjusted EPS of $0.95
- 4Q20 Net Sales of $5.3 billion, up 1 percent; organic sales flat with the year-ago period
- 4Q20 GAAP Income from continuing operations of $279 million and Operating EBITDA of $1.3 billion
- ~$130 million in non-manufacturing costs savings in the quarter; delivered structural cost take-out target of ~$280 million for the year
- Operating cash flow of $1.3 billion; $1.0 billion free cash flow in the quarter increased 400% from 4Q19
News provided by
Share this article
DuPont (NYSE: DD) today announced financial results for the fourth quarter 2020. The leading positions we hold in automotive, protective garments, residential construction, semiconductor, and smartphones markets enabled us to capitalize on positive momentum and deliver strong fourth quarter results with sequential volume improvement in all segments, said Ed Breen, DuPont Executive Chairman
Dec 29, 2020 (CDN Newswire via Comtex)
MarketandResearch.biz has added a new report Global Advanced Packaging Inspection Systems Market Growth 2020-2025 that contains aggregate information of the market’s current situation and future prospects. The report provides an expert and in-depth analysis of the market with all the required useful information about this market. The report examines various producers, unions, organizations, suppliers, and industries under the market. It delivers meaningful information on segmentation, estimated growth trends, key drivers and restraints, profiles of major market players, and forecasting, and many other crucial components relevant to the global Advanced Packaging Inspection Systems market. It also covers the fundamental projection related to the growth and management of the global market.