SmartKem Awarded Grant from Welsh Assembly Government
SmartKem Ltd, the developer of novel printable semiconductor materials for flexible electronics today announced that the Welsh Assembly Government has awarded the company funding to further develop its flexible printed electronics solutions.
The Welsh Assembly Government is committed to encouraging businesses to invest in R&D to stimulate innovation, which is a key driver of productivity and economic growth.
Based in Denbighshire, Wales, SmartKem is a high technology enterprise delivering and generating a novel range of organic semiconductor molecules and ink formulations compatible with printed electronic processes. This is an inexpensive, low weight, low energy, alternative to silicon semiconductors and can be used to print organic circuits and devices onto thin flexible substrates such as plastics and paper.
Initial Venture Capital funding from Finance Wales allowed SmartKem to relocate to the world class OpTIC Technium facility in North Wales and accelerate its growth in the flexible printed electronics industry. SmartKem has now received further recognition as an innovative company and has been awarded a grant of £335,000 from the Welsh Assembly Government. The grant will help advance the company’s vision to deliver world-leading printable semiconductor technology to the microelectronics industry for applications such as electronic displays, thin-film RFID, smart sensors and printed logic circuits.
Write a comment
No comments