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LOS GATOS, Calif. - Atomera Incorporated (NASDAQ: ATOM), a semiconductor material and licensing company with a market capitalization of $128 million, has entered into a strategic marketing agreement with a leading chip fabrication technology provider. The company’s stock has shown significant momentum recently, gaining over 11% in the past week according to InvestingPro data. The collaboration announced today aims to accelerate the adoption of Atomera’s Mears Silicon Technology™ (MST®) in the production of advanced technologies such as AI and 5G.
The partnership will focus on refining the implementation of MST on the equipment of the chip fabrication company. This initiative is expected to address some of the semiconductor industry’s current challenges by offering solutions that enhance yields, reduce chip sizes, and lower power consumption and production costs. While Atomera maintains a strong financial position with a current ratio of 7.58 and minimal debt-to-equity of 0.08, InvestingPro analysis indicates the company faces profitability challenges with negative EBITDA of $18.2 million in the last twelve months. The collaboration is designed to facilitate faster and smoother integration of MST into advanced node production processes.
Scott Bibaud, President and CEO of Atomera, commented on the agreement, highlighting the potential for faster market solutions and the mutual benefits for both companies involved. The advanced material technology provided by Atomera is anticipated to drive demand for the capital equipment company’s tools, creating a mutually beneficial situation.
Jim McGregor, Principal Analyst at TIRIAS Research, noted the importance of this collaboration in supporting rapid semiconductor innovation, particularly with the transition to Gate-All-Around (GAA) transistors. He emphasized the potential efficiency gains and risk reduction for chips, which could impact a range of applications from embedded/IoT devices to advanced server technologies.
Atomera’s MST is a quantum-engineered material that has garnered recognition for its flexibility and cost-effectiveness across various market segments. The company’s technology is compatible with existing semiconductor manufacturing equipment and complements other nanoscaling technologies on the semiconductor industry roadmap.
This strategic agreement is poised to enhance Atomera’s market presence and enable the capital equipment provider to offer more competitive solutions in the semiconductor space. With analysts projecting sales growth for the current year and the company trading near its InvestingPro Fair Value, investors seeking deeper insights can access comprehensive analysis and 12 additional ProTips through InvestingPro’s detailed research report, which transforms complex financial data into actionable intelligence. The information provided is based on a press release statement from Atomera Incorporated and InvestingPro data.
In other recent news, Atomera Inc reported its fourth-quarter 2024 earnings, revealing a notable revenue shortfall, which may concern investors. The company posted an earnings per share (EPS) of -$0.16, matching analyst forecasts, but its revenue of $20,000 fell significantly short of the anticipated $500,000. For the full year 2024, Atomera’s revenue was $135,000, with a GAAP net loss of $18.4 million, showing a slight improvement from a $19.8 million loss in 2023. In another development, Atomera announced the departure of Shawn Thomas, the Vice President of Marketing and Business Development, effective March 2025, as disclosed in an 8-K filing. Additionally, Atomera experienced a change in its financial oversight when Marcum LLP resigned as its independent registered public accounting firm, following Marcum’s attest business acquisition by CBIZ CPAs P.C. The company’s Audit Committee has since engaged CBIZ CPAs P.C. as the new accounting firm. These recent developments, including changes in leadership and financial oversight, could potentially influence Atomera’s strategic direction and operational effectiveness.
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