Adisyn Ltd (ASX: AI1) has taken a significant leap forward in its semiconductor ambitions by engaging M&T Semiconductor under a newly signed Business Development Agreement. The partnership, announced on 2 December 2024, positions Adisyn’s subsidiary, 2D Generation (2DG), to capitalise on its pioneering graphene-based technology with the support of world-class industry expertise.
This latest move aligns seamlessly with Adisyn’s broader strategy, as outlined in previous announcements, to revolutionise semiconductor manufacturing through targeted partnerships and cutting-edge innovations.
The Partnership: Opening Doors at the Highest Levels
M&T Semiconductor, led by industry heavyweights Dr Itzhak Edrei and Zmira Shterenfeld Lavie, brings decades of leadership and technical acumen to the table. Both are veterans of Tower Semiconductor, a global leader in high-value semiconductor solutions, where Dr Edrei served as President and Ms Shterenfeld Lavie as General Manager of its TOPS™ business unit.
Dr Itzhak Edrei and Zmira Shterenfeld Lavie
Under the agreement, M&T is tasked with facilitating strategic alliances with equipment vendors, semiconductor manufacturers, and end users. Their mandate also extends to identifying licensing opportunities or potential buyout scenarios. The firm’s extensive network and track record of delivering tangible results make it an ideal partner to navigate the complexities of the global semiconductor market.
Dr Edrei captured the significance of the partnership:
"2D Generation’s graphene technology is not just innovative; it’s essential for the industry’s future. With our connections and expertise, we’re confident in securing meaningful partnerships that will propel this technology to market."
A Technology with Transformative Potential
At the heart of this partnership lies 2DG’s groundbreaking capability to deposit graphene at sub-300°C via Atomic Layer Deposition (ALD)—a feat never before achieved in the industry. This innovation addresses critical barriers in semiconductor design, particularly in the development of interconnects, which facilitate electrical signals within integrated circuits.
Graphene-coated interconnects offer the promise of further miniaturisation, reduced energy consumption, and lower heat generation, critical for next-generation applications in artificial intelligence, data centres, and beyond. M&T’s role will be to unlock the commercial potential of this disruptive technology.
Building on a Strong Foundation
This announcement follows Adisyn’s earlier news on 11 November 2024 regarding 2DG’s procurement of a next-generation ALD machine from Beneq. That acquisition, funded through Adisyn’s strategic investment, will enable 2DG to achieve uniform graphene deposition—a key milestone for commercial adoption.
Paul Rich, 2DG’s Technology Lead, commented on the critical role the equipment will play:
"With Beneq’s advanced ALD system, we’re accelerating the path to commercial readiness, complementing the invaluable industry access M&T brings to the table."
This synergy between cutting-edge equipment and strategic partnerships underscores Adisyn’s commitment to bringing 2DG’s innovations to market.
Strategic Vision: Leveraging Expertise for Global Impact
Adisyn’s broader strategy became evident with its 4 November 2024 announcement of a binding agreement to acquire 2DG. By aligning its resources with 2DG’s technical prowess and now M&T’s business acumen, Adisyn has positioned itself at the forefront of semiconductor advancements.
The latest partnership with M&T is set to provide a clear pathway to:
- Licensing Agreements: With M&T’s experience, 2DG aims to secure deals with major semiconductor players.
- Market Adoption: The partnership increases the likelihood of integrating graphene-based interconnects into mainstream manufacturing.
- Industry Recognition: Leveraging M&T’s reputation to attract collaborations with global semiconductor leaders.
A Promising Road Ahead
For Adisyn, the engagement of M&T Semiconductor represents more than a partnership—it’s a statement of intent. The combination of 2DG’s technological breakthroughs and M&T’s unparalleled access to decision-makers in the semiconductor ecosystem is a potent formula for success.
Chairman and CEO of 2DG, Arye Kohavi, expressed the company’s optimism:
"We are fortunate to have M&T guiding us. Their reputation and expertise are unparalleled, and we’re confident they’ll help us realise the enormous potential of our graphene technology."
As Adisyn’s strategic initiatives unfold, this partnership solidifies its position in the race to deliver next-generation semiconductor solutions. With its ALD machine set for installation in mid-2025 and M&T actively driving commercial engagement, 2DG is poised to achieve significant milestones in the months ahead.
This collaboration isn’t just about advancing technology—it’s about reshaping the future of semiconductors, one partnership at a time.
