Periodic Reporting for period 1 - NanoWelds (First nanotechnology for the electronic packaging industry based on a room-temperature welding process)
Reporting period: 2017-12-01 to 2018-03-31
In the first part, we analyzed the status of the technology validation and compiled the feedback received from pilot customers. As a result, we defined the work plan for the development of successive prototypes and testing of the NanoWiring machine.
In the second part, a summarized analysis of the target markets is presented for the main applications of NanoWelds in the semiconductor industry. The competing solutions and companies are introduced, and the value chain is shown. We included an update as well on the commercialization plan. The IP management strategy is explained and the results of the Freedom to Operate are summarized.
In the third part, a summary on the financial viability assessment is shown that establishes the budget necessary for the development of the NanoWiring machine, and the revenues and expenses projections for the next five years.
Finally, a brief risk analysis is included, covering commercial, technical, financial and legal risks.
During the Feasibility Study, we have estimated that we can grow the company from 8 to 20 highly qualified employees, from which 8 to 15 will be directly involved in conducting the future Phase 2 Project of developing the NanoWiring machine. With an investment of 3.03 million €, we expect a quick payback time after 1.5 years. NanoWired will have a direct economic and social impact, strengthening the position of European companies in the multibillion semiconductor industry.