Atomera Incorporated · NASDAQ:ATOM
Atomera — Needham Growth Conference 2025
17 slides from Atomera's conference presentation, Jan 16, 2025
Slide 1: Needham Growth Conference
Needham Growth Conference January 16, 2025 Atomera Incorporated 1
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements concerning Atomera Incorporated (““Atomera,” the “Company,” “we,” “us,” and “our”). The words “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect” and s
Slide 3: Investment Overview
Investment Overview ► Mears Silicon Technology (MST®) is a thin film used to enhance semiconductors ▪ Results in higher performance, lower power, and lower costs for ICs ► Capital-light IP and technology licensing business ► Engaged with 50% of world’s top semiconductor makers ► Licenses with five c
Slide 4: MST: Mears Silicon Technology
MST: Mears Silicon Technology Quantum Engineered Silicon Partial Monolayers of MST Enhanced Oxygen in Silicon Transistors Supported by Major Semiconductor Tool Suppliers Atomera Incorporated 4
Slide 5: Customer Engagement & Revenue Model
Customer Engagement & Revenue Model v Customer Wafer Manufacturing Atomera MST® Deposition Customer MST® Deposition 1. Planning 2. Setup 3. Integration 4. Installation 5. Qualification 6. Production Phase Engineering Service • MST deposition on customer wafers Fees • Integration consulting • Integra
Slide 6: Customer Status
Customer Status v Customer Wafer Manufacturing Atomera MST® Deposition Customer MST® Deposition Phase 1. Planning 2. Setup 3. Integration 4. Installation 5. Qualification 6. Production Engagement Phases 2 • 20 customers, 26 engagements 10 • Working with more than half of the world’s top semiconducto
Slide 7: MST Key Benefits Across Nodes
MST Key Benefits Across Nodes Leading Analog & Mainstream FinFET GAA RF SOI Planar Mobility 8% 20% 25% 10% 15+% Dopant Engineering 20% 15% 15% 15% 20% Reliability (TDDB/BTI) 25% 25% 25% 25% 180nm 130nm 90nm 65nm 40nm 28nm 22nm 16/14nm 10nm 7nm 5nm 2nm These Benefits are ADDITIVE & COMPLEMENTARY to o
Slide 8: MST technology focus areas
MST-SP, MST SPX for BCD technology focus areas MST for RF-SOI MST for Advanced Nodes MST for DRAM Atomera 8
Slide 9: MST-SP/SPX for higher power BCD
MST-SP/SPX for higher power BCD ► Analog & Power market represents $52B in 2024 ► Atomera introduced MST-SP for 5V in 2022 ► In 2023 MST-SPX targeted 5-48V ▪ Area of highest customer interest ► MST achieves best in class performance ▪ MST-SPX beat all published results ▪ Simulations predict up to 20
Slide 10: Typical Productization cycle
Typical Productization cycle Phase 5 Phase 6 Process development with TCAD Freeze PDK Process Volume (Process Design Kit) Production Wafers Qualification MST Silicon manufactured Installation Validation with MST Phase 4 Chip ChipDesigns Designs Chip Designs Start Chip Designs Start Start Atomera Inc
Slide 11: Compound Semiconductors
Compound Semiconductors ► Compound semiconductor market growing rapidly ► Poor wafer substrate quality causes manufacturing challenges ► Atomera’s MST may help to solve this problem ► Experiments of GaN on MST show promising results ► Pushing to productize quickly Atomera 11
Slide 12: Advanced Node/GAA market
Advanced Node/GAA market ► GAA technology rapidly replacing FINFETs ► MST: Solving GAA Transistor Challenges ▪ In 3nm and below ▪ Blocks source/drain dopant diffusion ► 3nm alone projected to be $26B by 2032 ▪ Provides enhanced punch-through stop ▪ Driven by AI chip demand ▪ Lowers contact resistanc
Slide 13: MST for DRAMs
MST for DRAMs ► DRAM market size is ~$100B in 2024 ▪ HBM is high growth segment focused on AI Vt difference in a matched transistor pair ► High variability between transistors is a significant issue ▪ This increases costs and limits the minimum achievable voltage and power ► DRAM sense-amp variabili
Slide 14: MST for RFSOI Devices
MST for RFSOI Devices ► RFSOI substrate market is ~$600M in 2024 ► Used in RF front-end of consumer devices h+ ► Continued improvements in RF devices are critical to support new cellular standards ► MST is a rare tool to achieve those goals ► Atomera deeply penetrated ▪ With RFSOI device manufacture
Slide 15: Financial Overview
Financial Overview Income Statement Three Months Ended ($ in thousands, except per-share data) September 30, 2024 June 30, 2024 September 30, 2023 REVENUE $ 22 $ 72 $ - Gross Profit 19 (2) - OPERATING EXPENSES Research & Development 2,759 2,589 3,305 General and Administration 1,812 1,832 1,683 Sell
Slide 16: Summary
Summary ► High margin, recurring revenue financial model ► Strong technology, patent position, and balance sheet ► Traction with many top industry players and growing licensee base ► Ramping commercial license revenues Atomera Incorporated 16
Slide 17: Thank You
Thank You Atomera Incorporated 17