This press release is an English version of the previously published Swedish version, which has interpretive precedence.
The purpose of the MoU is to define and agree upon both parties’ intents, requirements, and the structure for the continued development and implementation of an industrial mass production process for Smoltek’s ultrathin carbon nanofiber capacitors.
“We are really excited that this global manufacturer of passive components, after a comprehensive evaluation of our technology, is now prepared to take the collaboration with us to the next level,” says Smoltek’s CEO Håkan Persson. “We are now defining the way forward together with this major capacitor vendor to bring our ultrathin CNF-MIM capacitors to the market. I view the initiation of these MoU negations with our partner as a strong validation of Smoltek’s technology and know-how, as well as the commercial potential for our ultrathin carbon nanofiber capacitors”.
The companies expect that it will be possible to reach a MoU before the end of June 2022, when the new extension of the evaluation license ends.
This disclosure contains information that Smoltek Nanotech Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 29-04-2022 08:45 CET.