Strategic Partnership Boosts European Silicon Carbide Innovation
Strategic Investment in Silicon Carbide Technology
In an exciting development for the semiconductor industry, IBA (Ion Beam Applications S.A.), a leader in particle accelerator technology, and Wallonie Entreprendre International have announced a pivotal joint investment. Each organization has committed EUR 5 million to mi2-factory, a promising start-up birthed from the University of Applied Sciences Jena, Germany. This investment will establish a combined 30% stake in the innovative company.
Enhancing Silicon Carbide Semiconductor Efficiency
mi2-factory's focus lies in enhancing the efficiency of silicon carbide (SiC) power semiconductor chips. These chips are crucial for numerous applications across various sectors, including electric mobility and renewable energy systems like wind and solar power grids. By specializing in nitrogen implantation, mi2-factory aims to streamline manufacturing processes, drive down costs, and improve the overall yield and quality of SiC chips and wafers.
IBAs Commitment to Innovation
IBA's robust commitment to innovation positions it as an ideal partner in assisting mi2-factory’s journey toward industrial-grade solutions. Leveraging its cutting-edge compact particle accelerator technologies, IBA is geared to help mi2-factory achieve its goals of developing SiC devices that excel in quality, affordability, and production efficiency.
Support and Resources for Development
The growth of mi2-factory is further bolstered by additional resources, including grants from the Important Project of Common European Interest for Microelectronics and Communication Technologies (IPCEI ME/CT) and contributions from existing shareholders totaling around EUR 40 million. This collaborative effort represents a significant push to strengthen European expertise in the fast-evolving field of power electronics.
Leadership Insights on the Partnership
Prof. Dr. Michael Rüb, the CEO & Managing Director of mi2-factory, emphasized the vitality of securing both strategic and technological partnerships, stating, “Our collaboration with IBA and Wallonie Entreprendre International positions us effectively in our quest for excellence in nitrogen implantation within SiC technology.” This sentiment reflects the ambition driving the project towards achieving an industrial-grade solution.
Importance of Collaboration in Innovation
Henri de Romrée, Deputy CEO of IBA, noted the importance of such investments, explaining that forming partnerships with promising companies like mi2-factory aligns with IBA’s entrepreneurial vision. He stated, “Collaborating with mi2-factory offers an exciting opportunity to explore new applications for our technology and to expand European prowess in power electronics.”
WE International’s Role
Adding to the significance of this investment is Laurence Glautier, General Manager of WE International, who expressed pride in co-investing with IBA. This step not only supports technological innovations but also fosters long-term economic growth and job creation in the Walloon region. “This strategic investment reflects our commitment to encouraging high-value initiatives that further Walloon expertise in cutting-edge sectors,” she stated.
About IBA and its Global Significance
IBA is a recognized leader in particle accelerator technology, renowned for its contributions to cancer treatments through proton therapy. With around 2,000 employees, the company also ventures into industrial sterilization and dosimetry. Being listed on the pan-European stock exchange EURONEXT, IBA has made considerable strides towards achieving B Corp status, showcasing its dedication to social and environmental standards.
About Wallonie Entreprendre International
The mission of WE International has been clear for over two decades: to finance Walloon businesses engaging internationally while promoting significant economic benefits for the region. Their backing of innovative projects aligns seamlessly with their goal of encouraging sustainable development and technological advancements.
About mi2-factory's Innovativeness
mi2-factory stands out in the semiconductor production landscape with its novel EFIITRON wafer processing technology. It aims to disrupt the market by enabling cost reductions of up to 50% for SiC chips and fulfilling the growing demand for semiconductor solutions in e-mobility and renewable energy. The ambitious goal to process over 30% of SiC wafers with its advanced technology positions mi2-factory at the forefront of the semiconductor revolution.
Frequently Asked Questions
What are the key benefits of this strategic investment?
This investment aims to enhance the efficiency of silicon carbide semiconductor chips, reduce costs, and improve production processes.
Who are the main stakeholders in this partnership?
The main stakeholders include IBA, Wallonie Entreprendre International, and mi2-factory, all collaborating to advance technological innovations.
How does this investment impact the semiconductor industry?
This investment will promote advancements in semiconductor technology, potentially strengthening Europe's position in the global market for power electronics.
What does mi2-factory specialize in?
mi2-factory specializes in nitrogen implantation in silicon carbide, which enhances the efficiency of semiconductor chips used across various sectors.
How will this partnership support economic growth?
The collaboration is expected to create new jobs and promote technological innovations, thereby contributing to long-term economic growth in the Walloon region and beyond.
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