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SmartKem, Inc.

1.14

-0.0300-2.56%

Post-market: 1.150.0093+0.82%17:02 EDT

Volume:25.62K

Turnover:29.42K

Market Cap:5.05M

PE:-0.37

High:1.18

Open:1.14

Low:1.13

Close:1.17

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Overview Company News Filings

SmartKem Inc. Extends Agreement with CPI Innovation Services, Increasing Facility Costs and Usage Obligations

SmartKem Inc. Conducted Annual Stockholders Meeting

SmartKem Inc. Partners with Manz Asia for Advanced AI Chip Packaging Solutions

Smartkem Collaborates With Manz Asia for Advanced Computer and AI Chip Packaging Solutions

THOMSON REUTERS

BRIEF-Smartkem Reports First Quarter 2025 Financial Results

SmartKem Q1 GAAP EPS $(0.32) Up From $(3.21) YoY, Sales $23.00K

Smartkem to Premiere MicroLED Smart Backlight Demonstration for Next Generation LCD Displays in Automotive Industry

Smartkem Reports Fourth Quarter and Full Year 2024 Financial Results

THOMSON REUTERS

Press Release: Smartkem Reports Fourth Quarter and Full Year 2024 Financial Results

BRIEF-Smartkem Signs Memorandum of Understanding with RiTdisplay to Integrate Smartkem's OTFT Process Into Its Gen2.5 Line

Smartkem Signs Memorandum of Understanding With Ritdisplay to Integrate Smartkem's Otft Process Into Its Gen2.5 Line

THOMSON REUTERS

Smartkem Inc - Ritdisplay Line Expected to Be Available in Second Half of 2025

THOMSON REUTERS

Smartkem Appoints Jonathan Watkins Chief Operating Officer

Smartkem to Participate at the 37th Annual Roth Conference

Smartkem to Participate at SEMICON® Korea 2025

Smartkem Completes First Sale of Its Truflex® Semiconductor Materials to Chip Foundation Under Their Co-Development Agreement

THOMSON REUTERS

Smartkem Completes First Sale of its TRUFLEX® Semiconductor Materials to Chip Foundation under their Co-Development Agreement

Smartkem Recaps 2024 Achievements and Sets 2025 Goals

BRIEF-MYDA Advisors Reports 9.4% Passive Stake In Smartkem As Of Dec 20

Myda Advisors Llc Reports 9.4% Passive Stake in Smartkem as of Dec 20 - SEC Filing

THOMSON REUTERS

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Extends Agreement with CPI Innovation Services, Increasing Facility Costs and Usage Obligations","url":"https://stock-news.laohu8.com/highlight/detail?id=2541605099","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541605099?lang=en_us&edition=fundamental","pubTime":"2025-06-05 04:31","pubTimestamp":1749069063,"startTime":"0","endTime":"0","summary":"SmartKem Inc. has announced the extension of a significant agreement with CPI Innovation Services Limited. The deal, formalized through a Letter of Variation, extends the Framework Services Agreement initially set to expire on May 31, 2025, to June 30, 2025. This agreement facilitates SmartKem's continued access to essential process equipment and skilled staff at the Centre for Process Innovation. Under the new terms, SmartKem will increase its financial contribution towards the CPI facility and commit to higher usage obligations throughout the extension period. The Letter of Variation is attached as Exhibit 10.1 in the company's filings.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartKem Inc. published the original content used t","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nNDL8BNKd0:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4141","SMTK"],"gpt_icon":0},{"id":"2539140128","title":"SmartKem Inc. Conducted Annual Stockholders Meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=2539140128","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539140128?lang=en_us&edition=fundamental","pubTime":"2025-05-29 05:00","pubTimestamp":1748466049,"startTime":"0","endTime":"0","summary":"SmartKem Inc. held its annual meeting of stockholders on May 28, 2025. During the meeting, stockholders elected Steven DenBaars as a Class I director. The appointment of CBIZ CPAs P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified. Additionally, an amendment to the 2021 Equity Incentive Plan was approved.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmartKem Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 28, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250528:nNDL4WYN8q:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4141","SMTK"],"gpt_icon":0},{"id":"2536858956","title":"SmartKem Inc. Partners with Manz Asia for Advanced AI Chip Packaging Solutions","url":"https://stock-news.laohu8.com/highlight/detail?id=2536858956","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536858956?lang=en_us&edition=fundamental","pubTime":"2025-05-19 19:01","pubTimestamp":1747652463,"startTime":"0","endTime":"0","summary":"SmartKem Inc. has announced a new collaboration with Manz Asia, focusing on advancing computer and AI chip packaging solutions. The partnership will feature the demonstration of SmartKem's inkjet printable dielectric layers at SEMICON SEA 2025 in Singapore. This collaboration leverages Manz Asia's high-precision inkjet printing equipment, which supports a variety of substrates, to create scalable and sustainable semiconductor packaging solutions. The partnership aims to capitalize on the growing demand for advanced packaging in the AI sector, with panel-level packaging poised to significantly enhance throughput and reduce costs. This market is projected to grow to $600 million by 2030.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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This is a 90.03 percent increase over losses of $(3.21) per share from the same period last year.  The company reported $23.00 thousand in sales this","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/05/45394270/smartkem-q1-gaap-eps-0-32-up-from-3-21-yoy-sales-23-00k","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SMTK"],"gpt_icon":0},{"id":"2527208834","title":"Smartkem to Premiere MicroLED Smart Backlight Demonstration for Next Generation LCD Displays in Automotive Industry","url":"https://stock-news.laohu8.com/highlight/detail?id=2527208834","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527208834?lang=en_us&edition=fundamental","pubTime":"2025-04-16 04:05","pubTimestamp":1744747500,"startTime":"0","endTime":"0","summary":"MicroLED Smart Backlight demonstration can be found at Smartkem booth no. M505 at Touch Taiwan 2025.Smartkem CEO Ian Jenks to Deliver Keynote Address on MicroLED Smart Backlight.Smartkem has developed the \"MiP4\", a package of four MicroLEDs connected using Smartkem's chip-first architecture and its unique interlayer dielectric semiconductor materials. A demonstration of the first application of the MiP4: a 12.3in MicroLED Smart Backlight, has now been unveiled at Taiwan's largest technical conference, Touch Taiwan 2025. The MicroLED Smart Backlight delivers higher brightness and better contrast in LCD screens that are frequently used in the automotive industry today.For MicroLED display applications, Smartkem's low temperature process allows its liquid transistors to be poured directly onto MicroLEDs, eliminating the need to use current high-cost, low-yield manufacturing processes. This innovation is expected to reduce defects and enhance yield, and to integrate seamlessly into existin","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/smartkem-premiere-microled-smart-backlight-200500719.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/smartkem-premiere-microled-smart-backlight-200500719.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2048586759.USD","IE00B2PGVK34.USD","BK4157","SMTK","BK4141","IE00BGHQF417.EUR","IE00B3CCJ633.GBP","CPI","ITRI"],"gpt_icon":0},{"id":"2524191090","title":"Smartkem Reports Fourth Quarter and Full Year 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2524191090","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524191090?lang=en_us&edition=fundamental","pubTime":"2025-04-01 19:00","pubTimestamp":1743505207,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250401:nTUA1YSTGT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4141","SMTK"],"gpt_icon":0},{"id":"2524619458","title":"Press Release: Smartkem Reports Fourth Quarter and Full Year 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2524619458","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524619458?lang=en_us&edition=fundamental","pubTime":"2025-04-01 19:00","pubTimestamp":1743505200,"startTime":"0","endTime":"0","summary":"MANCHESTER, England, April 1, 2025 /PRNewswire/ -- Smartkem , which is seeking to change the world of electronics with a new class of transistor technology, today provides a business update and reports financial results for the three and twelve months ended December 31, 2024.Smartkem Chairman and CEO, Ian Jenks, commented: \"During the fourth quarter of 2024, Smartkem made bold strides towards commercializing our advanced semiconductor materials, which enable flexible, transparent and lightweight MicroLED displays, an industry projected to grow to over $4 billion by 2030. We delivered on every key milestone during the quarter, and in December, we raised $7.65 million in equity financing and received a $1.1 million grant from Innovate UK -- critical funding to supercharge our momentum, expand our resources, and support our ongoing programs.\"Our commercialization strategy is built on three pillars: advancing our polymer materials, developing EDA tools, and establishing scalable manufactur","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ARKG","LU1992135472.HKD","GB00BDT5M118.USD","LU2211815571.USD","SMTK","BK4588","CPI","LU1992135399.USD","LU2272731600.USD","BK4232","BK4198","BK4022","LU2272731782.SGD","BK4141","COO","BK4585","BK4544","R"],"gpt_icon":0},{"id":"2521723703","title":"BRIEF-Smartkem Signs Memorandum of Understanding with RiTdisplay to Integrate Smartkem's OTFT Process Into Its Gen2.5 Line","url":"https://stock-news.laohu8.com/highlight/detail?id=2521723703","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521723703?lang=en_us&edition=fundamental","pubTime":"2025-03-24 20:44","pubTimestamp":1742820295,"startTime":"0","endTime":"0","summary":"BRIEF-Smartkem Signs Memorandum of Understanding with RiTdisplay to Integrate Smartkem's OTFT Process Into Its Gen2.5 LineMarch 24 (Reuters) - SmartKem Inc SMTK.O:SMARTKEM SIGNS MEMORANDUM OF UNDERSTA","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250324:nFWN3Q71ER:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SMTK","BK4141"],"gpt_icon":0},{"id":"2521723969","title":"Smartkem Signs Memorandum of Understanding With Ritdisplay to Integrate Smartkem's Otft Process Into Its Gen2.5 Line","url":"https://stock-news.laohu8.com/highlight/detail?id=2521723969","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521723969?lang=en_us&edition=fundamental","pubTime":"2025-03-24 20:37","pubTimestamp":1742819836,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250324:nFWN3Q71ER:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SMTK","BK4141"],"gpt_icon":0},{"id":"2521239687","title":"Smartkem Inc - Ritdisplay Line Expected to Be Available in Second Half of 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2521239687","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2521239687?lang=en_us&edition=fundamental","pubTime":"2025-03-24 20:37","pubTimestamp":1742819836,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250324:nFWN3Q71ER:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SMTK","BK4141"],"gpt_icon":0},{"id":"2518240917","title":"Smartkem Appoints Jonathan Watkins Chief Operating Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2518240917","media":"PR Newswire","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518240917?lang=en_us&edition=fundamental","pubTime":"2025-03-10 19:00","pubTimestamp":1741604400,"startTime":"0","endTime":"0","summary":"Experienced executive toleadglobal operations and strategic partnerships in drive to commercialize semiconductor technology. MANCHESTER, England, March 10, 2025 /PRNewswire/ -- Smartkem , which is seeking to change the world of electronics with a new class of transistor technology, announced that it has appointed Jonathan Watkins as Chief Operating Officer , with responsibility for global operations and strategic partnerships.Commenting on today's announcement, CEO Ian Jenks commented, \"Jonathan has held strategic, commercial, and operational roles across multi-billion-dollar multinationals, private equity ventures, and high-growth start-ups. He brings a proven track record of scaling global partnerships and manufacturing. As a consultant to Smartkem. Jonathan has already provided significant benefits to our company with his industry knowledge and expertise in commercializing advanced materials manufacturing. I am excited to be working closely with Jonathan in his expanded role at Smar","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/smartkem-appoints-jonathan-watkins-chief-110000878.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/smartkem-appoints-jonathan-watkins-chief-110000878.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SMTK"],"gpt_icon":0},{"id":"2514438831","title":"Smartkem to Participate at the 37th Annual Roth Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2514438831","media":"PR Newswire","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2514438831?lang=en_us&edition=fundamental","pubTime":"2025-02-26 20:05","pubTimestamp":1740571500,"startTime":"0","endTime":"0","summary":"MANCHESTER, England, Feb. 26, 2025 /PRNewswire/ -- Smartkem , which is seeking to change the world of electronics with a new class of transistor technology, announced it will participate at the 37th Annual Roth Conference on March 16th-18th. The Roth event is one of the premier investor conferences in the U.S., bringing together institutional investors, industry leaders, and emerging growth companies. The conference is being held at The Laguna Cliffs Marriott in Dana Point, CA.Smartkem is seeking to change the world of electronics with a new class of transistor using its proprietary advanced semiconductor materials that have the potential to revolutionize the display industry. Smartkem's TRUFLEX semiconductor technology enables low temperature printing processes that are compatible with existing manufacturing infrastructure to deliver low-cost, high performance, flexible displays that have the potential to change the world of electronics. Smartkem's semiconductor platform can be used i","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/smartkem-participate-37th-annual-roth-120500912.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/smartkem-participate-37th-annual-roth-120500912.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["CPI","BK4141","SMTK"],"gpt_icon":0},{"id":"2510855008","title":"Smartkem to Participate at SEMICON® Korea 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2510855008","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2510855008?lang=en_us&edition=fundamental","pubTime":"2025-02-10 20:05","pubTimestamp":1739189100,"startTime":"0","endTime":"0","summary":"MANCHESTER, England, Feb. 10, 2025 /PRNewswire/ -- Smartkem , which is seeking to change the world of electronics with a new class of transistor technology, announced it will participate at SEMICON Korea 2025, which is scheduled to take place from February 19 to 21, 2025, at the COEX convention center in Seoul, South Korea. This annual event is a significant platform for the semiconductor industry, showcasing the latest advancements in materials, equipment, and related technologies.Smartkem's CEO Ian Jenks will be in attendance during the conference to showcase Smartkem's proprietary organic thin film transistor  technology and will be available for 1-on-1 meetings with industry representatives, news media, analysts, and investors. To arrange a meeting, please contact:. All statements in this press release that are not historical are forward-looking statements, including, among other things, its market position and market opportunity, expectations and plans as to its product dev","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/smartkem-participate-semicon-korea-2025-120500336.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/smartkem-participate-semicon-korea-2025-120500336.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4141","CPI","SMTK","OTFT"],"gpt_icon":0},{"id":"2503993873","title":"Smartkem Completes First Sale of Its Truflex® Semiconductor Materials to Chip Foundation Under Their Co-Development Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2503993873","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503993873?lang=en_us&edition=fundamental","pubTime":"2025-01-16 20:06","pubTimestamp":1737029177,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250116:nFWN3OC107:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["SMTK","BK4141"],"gpt_icon":0},{"id":"2503912993","title":"Smartkem Completes First Sale of its TRUFLEX® Semiconductor Materials to Chip Foundation under their Co-Development Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2503912993","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503912993?lang=en_us&edition=fundamental","pubTime":"2025-01-16 20:05","pubTimestamp":1737029100,"startTime":"0","endTime":"0","summary":"Sales under the Chip Foundation co-development agreement are expected to continue throughout 2025. Smartkem Chairman and CEO, Ian Jenks, comments, \"The first sale of our single layer dielectric materials marks a significant development milestone in our path to establish the commercial viability of our advanced materials in both the display industry and within other applications.\". Smartkem is supplying its proprietary organic dielectric single layer material, or Redistribution Layer , to Chip Foundation to combine with its own microLED devices, for the joint development of microLED based device structures. The resulting manufactured chip is expected to have the properties of high brightness coupled with high current efficiency, reducing power losses in driving backlights and improving uniformity of illumination. Additional sales of RDL materials to Chip Foundation are expected to continue throughout 2025.Dr. Maosheng Hao, Chairman of Chip Foundation, comments, \"We are excited to collab","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/smartkem-completes-first-sale-truflex-120500019.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/smartkem-completes-first-sale-truflex-120500019.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SMTK","BK4585","BK4141","CPI","BK4588","ARKG","BK4544"],"gpt_icon":0},{"id":"2503184521","title":"Smartkem Recaps 2024 Achievements and Sets 2025 Goals","url":"https://stock-news.laohu8.com/highlight/detail?id=2503184521","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2503184521?lang=en_us&edition=fundamental","pubTime":"2025-01-14 20:05","pubTimestamp":1736856300,"startTime":"0","endTime":"0","summary":"MANCHESTER, England, Jan. 14, 2025 /PRNewswire/ -- Smartkem , which is seeking to change the world of electronics using its disruptive organic thin-film transistors , recapped its key accomplishments for 2024 and set its goals 2025.CEO StatementSmartkem Chairman and Chief Executive Officer, Ian Jenks commented, \"2024 was a pivotal year for Smartkem. In December, we raised $7.65 million and, together with our collaboration partner, were awarded a $1.1 million grant for a project to develop the world's first rollable, transparent microLED display. We uplisted to Nasdaq, increasing trading liquidity and broadening access to investors. We made significant strides in our plans to commercialize our proprietary semiconductor materials with strategic partnerships and collaborations with industry-leaders. 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