SVTC, a San Jose based
company which provides commercialization services for the semiconductor, MEMS
and solar markets, announced today that five customers have completed their
initial design phase and are now transitioning to the next phases of commercialization
for their complex solar cell designs.
The Company has worked with each of its solar customers to produce both planar
and 3-D cell designs in SVTC's facilities. SVTC's advanced semiconductor and
MEMS capabilities have played a key role in fabricating these unique cell designs.
Recently, Bloo Solar, a Sacramento based start-up, announced that by partnering
with SVTC, they have been able to develop, over the last three years, a solid
technology baseline that is now entering commercialization. "Each customer's
requirements represented a novel and complex cell design that required our engineers
to modify their standard approach, but in each case a highly successful outcome
was achieved," said Mike Moore, Vice President and General Manager, SVTC
Solar. SVTC's unique development model that ensures customer ownership of IP
developed using SVTC's services was considered a key factor in the successful
transition from concept to commercialization.
Joe Bronson, CEO of SVTC Technologies, said, "SVTC has enabled customers
to commercialize products ranging from standard CMOS to MEMS to 3-D structures
over the last 6 years. The success the team has had on these initial solar projects
has proven that the SVTC business model is highly extendable into adjacent technologies
such as photovoltaic, providing our customers a low-risk, cost effective methodology
to commercialize new product designs. We are looking forward to assisting other
solar customers with their projects in the coming months."
SVTC is a solution provider of leading edge semiconductor services for MEMS,
CMOS, photovoltaic and nanostructure technologies that are used in a wide array
of industries such as medical, semiconductor fabrication, mil-aero, consumer-mobility
and clean energy. The company specializes in managing the complete supply-chain
process associated with bringing a product from concept to commercialization.
SVTC's business model in which the client owns and retains the IP is unique
in the industry. SVTC is a privately held company founded in 2004 headquartered
in San Jose, California with fabrication facilities in San Jose and Austin,
Texas. The company is backed by top-tier venture capital firms including Tallwood
Venture Capital and Oak Hill Capital Partners.