Henri de Romrée, Deputy Chief Executive Officer of IBA, added: “Investing in promising companies like mi2-factory is part of our entrepreneurial DNA and could lead to potential new applications for our accelerators. We look forward to collaborating with the talented mi2-factory team and contributing to this project to help grow European expertise in power electronics, which is an important and strategic sector.”
Laurence Glautier, General Manager of WE International, commented : " We are proud to make this co-investment alongside IBA, a long-standing partner with a proven track record of innovation and a strong impact on the Walloon region. This investment in a European project, backed by IPCEI, aligns perfectly with our mission to support high-value-added initiatives that foster Walloon expertise in cutting-edge sectors like semiconductor in power electronics. By encouraging IBA's diversification into this strategic domain, we not only reinforce technological advancements but also ensure long-term economic growth and skilled employment opportunities in Wallonia.”
About IBA
IBA (Ion Beam Applications S.A.) is the world leader in particle accelerator technology. The company is the leading supplier of equipment and services in the field of proton therapy, considered to be the most advanced form of radiation therapy available today. IBA is also a leading player in the fields of industrial sterilization, radiopharmaceuticals and dosimetry. The company, based in Louvain-la-Neuve, Belgium, employs approximately 2,000 people worldwide. IBA is a certified B Corporation (B Corp) meeting the highest standards of verified social and environmental performance.
About Wallonie Entreprendre International
WE International (Wallonie Entreprendre International S.A.) is the international branch of the Walloon public investment company Wallonie Entreprendre S.A. For more than 20 years, WE International is dedicated to finance Walloon companies with projects abroad that generate significant economic benefits for the Walloon region. More information can be found at :https://go.iba-worldwide.com/e/928513/en-expertises-international-/bk6tdj/936507660/h/NlXgWn6WfpYUwK50Tudk7Jq3muqSyaJy5LevmgTg-7A
About mi2-factory
mi2-factory GmbH (“mi2-factory”) offers a novel process technology for semiconductor production with its innovative EFIITRON wafer processing equipment. Chip manufacturers use EFIITRON to reduce chip costs, to increase reliability and to realize new component and wafer architectures.
The customer benefits from previously unattainable precision and flexibility. This enables a cost reduction of up to 50% for silicon carbide (SiC) chips. EFIITRON is targeting the strategic market of silicon carbide power electronics for e-mobility, renewable energy applications, AI data centers, traction and industrial drives. Well-known studies expect a market volume in 2027 of > $6 billion with a CAGR of 30-40%. mi2-factory is targeting to process more than 30% of all SiC wafers with EFIITRON equipment in the long term.
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