Space Micro Licenses Nano and Component Technology to Spinoff
San Diego, CA – February 23rd, 2016 Space Micro announced they have signed a licensing agreement with Adv Materials Innovations (AMI) for them to use and apply their nanotechnology and designs, and take that product to market, for both commercial and military/space applications.
Space Micro's CEO, David J. Strobel, commented, "This license is expected to enable more rapid development of the nanofilm technology for high reliability components. Since Space Micro is focusing on the electronics board and box business for space and missiles, this spinoff will enable us to better expand our market penetration in those target markets.”
Mr. Carl Edwards, CEO of AMI added “We are pleased to work with Space Micro to expand and commercialize this nanotechnology and emerging product line.”
Mr. Edwards was previously Manager of Advanced Materials at Space Micro.