Canatu: Canatu Drives Strong Momentum by Delivering Its First S-100 Reactor to Global Semiconductor Customer

VANTAA, FINLAND, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Canatu (CANATU, Nasdaq First North, Finland), a deep technology company creating advanced carbon nanotubes (Canatu CNTs), related products, and manufacturing equipment for the semiconductor, automotive, and medical diagnostics industries, announces a significant milestone with the delivery of its first S-100 reactor for a major global semiconductor customer. The Canatu S-100 reactor, customized to produce high-precision CNT membranes, is currently being installed at the customer's site, with production set to begin shortly after installation.Scope of delivery includes:CNT reactor delivery: Canatu has delivered the S-100 reactor and peripherals for manufacturing advanced CNT membranes for a semiconductor application.Technology licensing: Canatu licenses its patented technology for use with the S-100 reactor, allowing the customer to produce CNT membranes under a limited license.Consumables: Canatu supplies key consumables on an ongoing basis, ensuring an optimized, high-quality process for the customer while generating recurring revenue."Our new limited licensing business model marks a significant milestone for Canatu. We are excited about the potential of CNT membrane pellicles to enter commercial use in the future alongside CNT inspection membranes, driving the next step in performance. This is a ...Full story available on Benzinga.com