Odyssey Semiconductor

Chris Martin, Director of Foundry Services, Odyssey SemiconductorChris Martin, Director of Foundry Services
Odyssey Semiconductor is a cutting-edge semiconductor company that offers affordable and collaborative foundry services to help bring new products and technologies to the market. It specializes in small-batch prototype and preproduction wafer runs, allowing clients to meet their goals with minimal investment. Odyssey Semiconductor is known for its exceptional flexibility and versatility, providing a broad range of capabilities and expertise to support innovation.

“We strive to offer a world-class semiconductor device development and foundry service to empower the world’s most innovative minds. We want to spark the revolution of tomorrow’s technological marvels,” says Mark Davidson, CEO of Odyssey Semiconductor.

Traditional semiconductor foundries require significant investments and have long wait times, making them inflexible and challenging to work with. While universities are an option, they provide limited access to equipment and materials for bringing new semiconductor products to market. Odyssey semiconductor offers a fast and flexible approach to new product development by collaborating with innovators, startups, established companies, and universities.

Odyssey Semiconductor provides a sandbox environment for experimenting with ideas, combining expertise with a wide range of manufacturing processes. It offers to fabricate partial wafers and single wafers to quickly start projects. Rapid turnaround and revisions give designers valuable insights into the manufacturability of their designs. Once the designs are ready for volume production, it helps scale them to larger foundries, acting as a steppingstone for innovators to enter into significant markets.

“Our strong point lies in our flexibility to work with a wide range of materials and both established and experimental processes.

We provide a great deal of material science and engineering expertise to optimize design for device performance,” adds Chris Martin, director of foundry services of Odyssey Semiconductor.

Odyssey Semiconductor’s on-site equipment and expertise allow quicker iteration and revision cycles, reducing the time to bring a product to market. Its focus on innovation adheres to the goals of the CHIPS and Science Act, making its foundry services a key factor in US-driven innovation in this field.

Onboarding typically begins with a technical consultation to determine the best path forward for successful completion as efficiently as possible. Odyssey Semiconductor prides itself on its speed to completion with a wide range of substrate options, including size, composition, and material compatibility. It can handle various materials like germanium, gallium nitride, silicon carbide, indium phosphide, and gallium arsenide to meet the demands of optics detectors and transmitters; organic and micro-LEDs; and other breakthrough products made with compound semiconductor materials.

This flexibility is made possible by its skilled and experienced professionals who can find creative solutions to complex problems by combining their experience, the latest literature, and a customer’s perspective. Odyssey Semiconductor’s culture values an open and adaptable process for problem-solving, enabling it to validate solutions quickly through experimentation rather than relying on full wafer runs. These factors uniquely position Odyssey Semiconductor in its industry.

  • We strive to offer a world-class semiconductor device development and foundry service to empower the world’s most innovative minds. We want to spark the revolution of tomorrow’s technological marvels

Odyssey Semiconductor’s capabilities were validated when it partnered with an established customer who needed additional resources for semiconductor device manufacturing and aimed to build a novel device. Odyssey conducted thorough research on the current state of the art in existing publications and within its own best practices to develop a preliminary design with various parameterized variations. The Odyssey led team completed the first revision of procedures, tested the devices, and planned a second revision incorporating improvements, resulting in working transistors. The final parts were sent for packaging to complete the last steps of building the devices. Odyssey Semiconductor’s partnership resulted in the successful development of this novel device.

These instances show Odyssey Semiconductor’s deep-seated commitment to the success of its clients. Its unwavering dedication to listening intently to client needs, finding creative solutions, and going above and beyond what is expected is at the core of its approach.

If a developer needs semiconductor products developed costeffectively and timely, Odyssey Semiconductor is the way to go!

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Company
Odyssey Semiconductor

Management
Chris Martin, Director of Foundry Services

Description
Odyssey Semiconductor is a flexible and innovative semiconductor foundry that provides a wide range of capabilities and expertise to support bringing new products and technology to market. With a focus on empowering the world’s most innovative minds, Odyssey Semiconductor aims to spark the revolution of tomorrow's technological marvels.

Odyssey Semiconductor News

Odyssey Semiconductor Technologies Announces Stockholder Approval of Asset Sale to Power Integration

ITHACA - Odyssey Semiconductor Technologies, Inc. announced that its previously announced plan to sell (the "Asset Sale") substantially all of its assets to Power Integration, Inc., ("Power Integration") was approved at a special meeting of stockholders (the "Special Meeting") of Odyssey on June 3, 2024.

The Asset Sale was approved by about 99% of the votes cast at the Special Meeting. Odyssey plans to file the results of the Special Meeting, as tabulated by an independent inspector of elections, on a Current Report on Form 8-K with the Securities and Exchange Commission (the "SEC") later today.

Power Integration (Nasdaq:POWI) is a California-based developer and producer of high-voltage integrated circuits for energy-efficient power conversion.

Pursuant to the Asset Purchase Agreement and the agreement between the parties, the Company, assisted by an investment bank, conducted a search for alternative acquisition proposals pursuant to certain go-shop provisions during a 20-day period (the "Go-Shop Period") ending on April 1, 2024. Upon the conclusion of the Go-Shop Period and the commencement of mailing of a certain proxy statement prepared and mailed by Odyssey on or about May 7, 2024, the transaction was also announced in a press release by Power Integration on May 7, 2024.

Subject to the satisfaction of customary closing conditions, the transaction is expected to close in early July. After closing, Odyssey shall notify OTC Market Group of its intent to withdraw from being quoted on the over-the-counter market, cease operations and move forward with the plan to dissolve the Company including the payment of a liquidating distribution to common shareholders to the extent funds are available.