What They Say
The US developer of amorphous metal semiconductor devices, Amorphyx, has been awarded $256K as a grant to help develop the company’s technology for driving AMOLED and microLED displays. The news was reported by MicorLED-info and the grant was part of a NSF SBIRT phase 1 grant.
The company’s technology improves on the performance of LTPO without the complex manufacturing, it claims.
What We Think
As far as I can see, this is the third tranche of finance for the technology. We’ve been reporting on the firm since 2016 and in 2018 the firm said it was ready for industrialisation, and was working with ITRI. (IC05 Amorphyx Can Replace TFTs with Quantum Tunnelling).
I’m reminded of comments by Jill Wittels at the SID CEO Forum, that there are ‘a lot of lemmings in angel investments’. She meant that while plenty of investors are happy to put their money in, they really want somebody else to have done the ‘due diligence’ for them. I suspect that the display industry also has plenty of lemmings who want to see somebody else try a technology first, which can mean frustration if you have an innovative technology. (BR)