San Luis Obispo, California, August 3, 2021/PRNewswire/ – Revasum, Inc. (ASX: RVS, “Revasum” or “Company”), a global semiconductor technology and equipment company, is pleased to announce that it has joined PowerAmerica Institute (PowerAmerica) is a public-private collaborative research program dedicated to accelerating the adoption of high-performance, next-generation silicon carbide (SiC) and gallium nitride (GaN) power electronic devices.
This cooperation will enable the next generation of silicon carbide and gallium nitride power electronics products to be brought to the market faster and reduce the cost and risk factors associated with the new generation of technology. As an organization that brings together semiconductor manufacturers and companies that use semiconductor power electronics in their products, the PowerAmerica Institute is a good information center. With the support of the U.S. Department of Energy and the participation of top researchers, knowledge and processes can be provided to educate the American workforce and provide more innovative product designs.
Revasum is at the forefront of the design and manufacturing of grinding and polishing capital equipment used in the global semiconductor industry, with a strategic focus on the SiC market and wafer sizes ≤200mm. Due to its superior performance, the demand for SiC devices is growing rapidly and is rapidly becoming the material of choice for high-growth end markets including electric vehicles and 5G infrastructure.
PowerAmerica executive director Victor Veliadis said that Revasum’s grinding and polishing tools are an important link in the SiC semiconductor supply chain and many applications that benefit from this technology. “Effective grinding and polishing increase overall wafer yield and ultimately reduce the cost of SiC semiconductor devices and systems.”
Rebecca Shooter-Dodd, Chief Financial and Operations Officer of Revasum, said: “Revasum is very proud to join PowerAmerica with major players in the fast-growing semiconductor industry. We are a global leader in the design of SiC single-chip processing equipment and we are very excited to join PowerAmerica. Joining a team that is critical to establishing the U.S. semiconductor supply chain. As global semiconductor shortages continue to affect the supply chain, accelerating the development of domestic research, innovation, and advanced manufacturing capabilities is the key.”
This announcement contains forward-looking statements on various topics, such as financial forecasts, our statements about anticipated events, including expected revenue and revenue, system shipments, expected product supply, product development, market adoption, and technological progress. Statements that are not historical facts, including statements about our beliefs, plans, and expectations, are forward-looking statements. Such statements are based on our current expectations and information currently available to management, and are subject to many factors and uncertainties, many of which are beyond the company’s control, which may lead to actual results and forward-looking results. There is a significant difference in the results described-what looks like a statement. The company’s management believes that these forward-looking statements were reasonable at the time they were made. However, you should not place undue reliance on any such forward-looking statements, as such statements only represent the conditions as of the date they are made. Except as required by law or the listing rules of the Australian Securities Exchange, Revasum assumes no obligation to publicly update or revise any forward-looking statements due to new information, future events or other reasons. In addition, forward-looking statements are subject to certain risks and uncertainties, which may cause actual results, events and developments to differ materially from our historical experience and our current expectations or forecasts.
Revasum (ARBN: 629 268 533) specializes in the design and manufacture of equipment used in the global semiconductor industry. Revasum’s equipment helps drive advanced manufacturing technologies in key growth markets, including automobiles, the Internet of Things, and 5G. Our product portfolio includes the most advanced grinding, polishing and chemical mechanical planarization process equipment used to manufacture equipment for these key end markets. All Revasum equipment is designed and developed in close cooperation with our customers. To learn how we manufacture the equipment that produces the technology of today and tomorrow, please visit www.revasum.com.
Post time: Aug-27-2021