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IQE’s NanoImprint Lithography reaches production qualification milestone for DFB lasers

The AIM-listed firm said the new technology offering has been production qualified by a leading supplier of Distributed Feedback lasers in the telecoms industry

semiconductor wafer
The company said the first production order from US$250,000 has been received and production will commence shortly

IQE plc (LON:IQE) shares rose on Monday morning as its portfolio company NanoImprint Lithography Technology has reached a production qualification milestone for its DFB lasers.

The AIM-listed firm said the new technology offering has been production qualified by a leading supplier of Distributed Feedback lasers in the telecoms industry.  

READ: IQE CFO Phillip Rasmussen dies in cycling accident in Spain

The company said the first production order from US$250,000 has been received and production will commence shortly.

IQE said DFB lasers are high performance edge emitting lasers that are critical enabling transmission components for high-speed data communications across the whole fibre optic network.

In addition to DFB applications, IQE are also currently engaged in multiple other qualification programmes incorporating Nanoimprint Lithography technology across a range of wafer sized and end applications.

Rodney Pelzel, VP Global Technology for IQE, said: "This production qualification marks a significant milestone in the introduction of IQE's proprietary NanoImprint Lithography technology into the mainstream telecoms industry.”

 He added: "Coupled with a wide range of new and exciting technologies such as crystalline Rare Earth Oxides and Quasi-Photonic Crystals, which are also manufactured using the NanoImprint Lithography technology, IQE's IP portfolio is gaining significant traction, allowing the company to offer new, disruptive technologies to the broad semiconductor marketplace."

In early morning trading, IQE’s shares rose 3.4% to 107.60p. 

Quick facts: IQE PLC

Price: 71.6 GBX

AIM:IQE
Market: AIM
Market Cap: £569.84 m
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