IBA and Wallonie Entreprendre International secure 30% stake in mi2-factory to support improved efficiency of silicon carbide-powered devices
Summary
Beyond the economic prospects that the development of this type of solution represents, the project also marks a potential advancement in strengthening European expertise in the strategic and rapidly growing field of power electronics.Prof. Partnering with IBA, the world leader in particle accelerator technologies, and Wallonie Entreprendre International, a reputable institutional partner, reinforces our expertise and know-how, positioning us as the best in class in high-energy nitrogen implantation in silicon carbide as we look to advance towards an industrial grade solution.Henri de Romr\xe9e, 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. EFIITRON is targeting the strategic market of silicon carbide power electronics for e-mobility, renewable energy applications, AI data centers, traction and industrial drives.