ATOMERA INC

What ATOMERA INC does

Atomera Incorporated is a semiconductor materials and intellectual property licensing company founded in 2001 and headquartered in Los Gatos, California, with an engineering and R&D office in Tempe, Arizona at ASU Research Park. The company completed its initial public offering on NASDAQ (ticker: ATOM) on August 5, 2016. Atomera's core product is Mears Silicon Technology (MST), a patented quantum-engineered thin-film technology that impregnates silicon with partial monolayers of oxygen to create a superlattice structure that improves transistor performance across multiple dimensions including diffusion blocking, variability reduction, mobility enhancement, gate leakage reduction, and reliability. MST can be deposited into advanced Gate-All-Around transistor structures at 2-nanometer scale and enables GaN-on-Silicon substrates by suppressing threading dislocations.

The company's product portfolio centers on the MST platform, the complementary MSTcad TCAD simulation toolset integrated with Synopsys Sentaurus, and expert integration engineering services. Atomera monetizes through direct technology licensing agreements with semiconductor manufacturers, supplemented by MSTcad licensing fees and consulting services, generating $65,000 in FY2025 revenue. The company targets the world's largest semiconductor producers across advanced logic (GAA at 2nm), DRAM, power, RF, FinFET, image sensor, and SRAM applications, with disclosed customer engagements including active Gate-All-Around demonstrations with two leading customers and a top-20 semiconductor company running production wafers using MST on gallium nitride beginning in Q4 2025.

Strategic marketing agreements include a 2025 partnership with a global chip fabrication equipment OEM targeting TSMC, Samsung, Intel, and Rapidus, an expanded 2026 collaboration with Synopsys for GaN device modeling, and a GaN-on-Silicon co-development effort with Incize. The company ended FY2025 with a $20.17 million GAAP net loss, $19.2 million in cash, and approximately $44 million in cash following a $25 million registered direct offering in February 2026. With 11-50 employees and a market capitalization of approximately $333 million, Atomera remains in the pre-commercial inflection stage, executing on a licensing model whose revenue ramp depends on securing initial commercial agreements with major fabs.

Name

ATOMERA INC

Legal name

Atomera Incorporated

Website

https://atomera.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Atomera Incorporated is a semiconductor materials and IP licensing company that develops and licenses Mears Silicon Technology (MST), a quantum-engineered thin-film transistor enhancement, to leading semiconductor manufacturers for advanced logic, DRAM, RF, and GaN-on-Silicon applications.

Ownership category

akta.pro rank

Product category

Semiconductor Materials IP Licensing

NAICS

Semiconductor and Related Device Manufacturing (334413), Semiconductor and Other Electronic Component Manufacturing (33441)

SIC

Semiconductors & Related Devices (3674)

akta.pro primary industry

Epitaxy Materials & Services (Epi Wafers/MBE/MOCVD) (HDAHAGAC)

akta.pro secondary industries

Silicon IP Subsystems & Chiplet IP (Die-to-Die, UCIe, NoC, I/O chiplets) (HDAHAFAH), Semiconductor & Electronics Simulation (device physics, EDA/TCAD twins) (HDAGAEAC)

Keywords

• Semiconductor materials licensing
• Thin film transistor enhancement
• TCAD simulation software
• GaN-on-silicon technology
• Quantum engineered silicon

Headquarters

HQ city

Los Gatos

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. License Fees and Royalties: Atomera licenses its Mears Silicon Technology (MST) to semiconductor manufacturers. Revenue is generated through technology licensing agreements, MSTcad licensing fees, and ongoing royalties from licensees. The company is pursuing a licensing model for MST technology commercialization.
2. Consulting Services: Revenue from expert integration engineering support services where Atomera's engineers help customers achieve peak performance with MST. Related consulting services have been part of revenue stream alongside MSTcad licensing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Atomera develops and licenses Mears Silicon Technology (MST), a patented quantum-engineered thin-film material that impregnates silicon with partial monolayers of oxygen to enhance transistor performance, power efficiency, and diffusion control. The company also offers MSTcad, a TCAD modeling tool integrated with Synopsys Sentaurus, and provides expert integration engineering services to help semiconductor manufacturers deploy MST in their fabrication processes.

Product overview

Atomera Incorporated is a semiconductor materials and intellectual property licensing company that offers Mears Silicon Technology™ (MST®), a patented quantum-engineered material platform that enhances transistor performance. The core product portfolio centers on MST® films and the MSTcad™ TCAD simulation toolset for Synopsys Sentaurus. MST® provides multiple benefits including diffusion blocking, variability reduction, mobility enhancement, gate leakage reduction, and reliability improvement. The company licenses its technology to semiconductor manufacturers for applications across analog & power, DRAM, FinFETs, high-k metal gate, image sensors, logic & processors, RF products, and SRAM. Atomera's MST technology can deliver up to a full node of power and performance improvement within the same geometry, enabling fabs to extend the life of existing manufacturing facilities.

Differentiator

Problem solved

Functional benefit

Brands

• MSTcad: TCAD mathematical model for Synopsys Sentaurus Device Platform that models the intricate physical properties and evolution of MST during semiconductor device manufacturing
• Mears Silicon Technology (MST)

Products and services

• Mears Silicon Technology (MST) Patented quantum-engineered thin-film material technology licensed to semiconductor manufacturers to enhance transistor performance, power efficiency, diffusion control, mobility, and reliability across logic, DRAM, RF, GaN, FinFET, SRAM, image sensor and power applications.
• MSTcad Mathematical modeling tool integrated with Synopsys Sentaurus TCAD that simulates the physical properties, evolution, dopant profiles, and electrical performance of MST-integrated semiconductor devices during manufacturing. Available for Sentaurus Process and Device simulation packages, with GaN device modeling added in 2026.
• MST Integration Engineering Services Expert engineering support services where Atomera engineers assist customers with MST epitaxial deposition and integration into their fabrication process flows to achieve peak device performance.

Quantifiable outcome

• More than 10x reduction in parasitic channel charge in GaN-on-silicon testing with Incize
• +5 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Synopsys Inc.coreTechnology or Integration · 23 April 2026Atomera expanded its existing collaboration with Synopsys to include gallium nitride (GaN) device modeling for RF and power semiconductor applications. Under the agreement, Atomera uses Synopsys' Sentaurus TCAD tools to develop GaN calibration methodology and create calibrated TCAD decks for GaN devices. The collaboration extends their prior work integrating Atomera's MSTcad technology with Synopsys' Sentaurus TCAD simulation platform. This partnership helps chipmakers evaluate Atomera's MST materials before committing to production and broadens Atomera's reach into high-value RF and power semiconductor markets.
• PowerAmerica InstituteminorStrategic or Co-development Partner · 1 January 2026Atomera's concept paper on Gallium Nitride on Silicon technologies was accepted to advance to the proposal stage in a PowerAmerica Institute Initiated Proposal program. If approved, the project would become eligible for PowerAmerica funding to scale MST technology for improved GaN wafer yield and reduced manufacturing costs for power electronics applications. A concept paper submission with PowerAmerica for GaN on Silicon development funding was submitted.
• IncizecoreStrategic or Co-development Partner · 1 July 2025Joint venture between Incize and Atomera for GaN-on-Silicon technology development. Testing with Incize demonstrated more than a 10x reduction in parasitic channel charge and linearity 1000x better than reference wafers at benchmark power levels. This partnership is central to advancing GaN-on-Silicon commercialization.
• Global Chip Fabrication Technology Leader (Equipment OEM)coreStrategic or Co-development Partner · 1 April 2025Atomera entered a strategic marketing agreement with a global chip fabrication technology leader in April 2025 to accelerate adoption of its Mears Silicon Technology. The partnership targets TSMC, Samsung, Intel, and Rapidus as customers for the equipment OEM's platform.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• ARM Holdings: ARM is the dominant semiconductor IP licensor, licensing processor architectures to chip designers and fabs globally. While ARM operates at a much larger scale and different layer of the stack, both companies share a pure-IP licensing business model targeting semiconductor manufacturers, with royalty revenue tied to unit volumes of chips containing the licensed technology.
• Synopsys: Synopsys is the leading EDA tools and semiconductor IP company. Atomera has an active partnership integrating MSTcad into Synopsys' Sentaurus TCAD platform—Synopsys is both a partner and a peer in the broader semiconductor IP/tools ecosystem. Both companies monetize technology that improves how semiconductors are designed and manufactured.
• Cadence Design Systems: Cadence is a leading EDA and semiconductor IP company that licenses tools and IP to chip designers and manufacturers. While Cadence focuses on design tools and IP cores rather than materials, both companies sit in the semiconductor design-to-manufacturing enablement ecosystem and license technology to overlapping fab and IDM customers.
• Versum Materials (Merck KGaA): Versum Materials, now part of Merck KGaA's Electronics business, supplies specialty materials and chemicals for semiconductor manufacturing. Like Atomera, these materials are integrated into wafer fabrication processes. Both companies target similar fab customers with materials innovation that enhances chip performance, though Versum operates at significantly larger scale with a broader materials portfolio.

Direct peers

• Imagination Technologies: Imagination Technologies licenses GPU and AI accelerator IP to semiconductor companies, generating royalty revenue based on chips shipped containing its IP. Both Atomera and Imagination operate asset-light IP licensing models targeting the same semiconductor manufacturer customers, with revenue scaling as licensed technology is embedded into shipped chips.
• Rambus: Rambus licenses memory interface and security IP to semiconductor and memory companies, generating royalty revenue from chips containing its technology. Both companies run pure-IP licensing businesses targeting memory and logic chip manufacturers, with revenue dependent on successful integration into high-volume customer products.
• Soitec: Soitec is a semiconductor materials company that designs and manufactures engineered substrates including SOI wafers, which are integrated into chip manufacturing. Like Atomera, Soitec licenses/provides specialized wafer materials that enhance transistor performance, targeting similar fab customers (TSMC, GlobalFoundries, Samsung) in advanced nodes. Both companies monetize materials-level IP across the semiconductor value chain.
• Xperi (Invensas / Tessera): Xperi's Invensas and Tessera subsidiaries license semiconductor packaging and bonding IP to chip manufacturers. Both companies operate asset-light IP licensing models targeting semiconductor manufacturers, with technology that must be qualified into customer process flows and generates royalty revenue at scale.

Emerging players

• Wolfspeed: Wolfspeed is a leading pure-play silicon carbide (SiC) and GaN semiconductor company for RF and power applications. Atomera's MST-enabled GaN-on-Silicon technology competes with Wolfspeed's SiC-based RF devices on cost economics—if successful, Atomera could enable a silicon-based alternative to incumbent SiC substrates used in 5G/6G and power electronics.

Regional players

• SUMCO: SUMCO is a major Japanese silicon wafer manufacturer supplying semiconductor fabs globally. While SUMCO produces silicon substrates and Atomera licenses quantum-engineered epitaxial films integrated ON TOP of silicon wafers, both companies supply critical materials into the semiconductor manufacturing process and target overlapping fab customers (TSMC, Samsung, Intel).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/atomera

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds8 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ATOMERA INC