New Partnership Announcement
Atomera announced a partnership with a major unnamed capital equipment provider aimed at accelerating MST technology adoption and enhancing sales efforts. This collaboration is expected to help Atomera deliver optimized solutions more quickly.
Progress in GaN Technology
Atomera completed the world's first GaN devices using MST technology, in collaboration with Sandia National Labs, showing improved electrical performance and material quality.
Expansion with STMicro
Atomera made significant progress with STMicro, focusing on manufacturability and yield. New discussions have started with other ST product areas, potentially leading to new licenses.
Strong Interest in RF SOI
Atomera reported increased customer interest in improving low noise amplifiers (LNAs) for RF SOI devices, driven by demands for better performance in 5G technologies.
Cash Position
Atomera raised $2.4 million under its ATM facility, maintaining a comfortable cash position amidst volatile market conditions.