SILICON VALLEY, Calif. - DuPont (NYSE: NYSE:DD) has reaffirmed its commitment to semiconductor innovation by renewing its partnership with Silicon Catalyst, an incubator dedicated to accelerating semiconductor solutions.
As a Strategic Ecosystem Partner, DuPont will maintain its collaborative efforts to gain insights into emerging semiconductor technologies and materials through its relationship with the incubator.
Randal King, Vice President of R&D/Technology at DuPont Electronics & Industrial, emphasized the importance of advanced materials in realizing the potential of cutting-edge computing applications, such as artificial intelligence and autonomous vehicles.
Through its engagement with Silicon Catalyst, DuPont has been introduced to over a dozen startups specializing in materials, aiming to drive innovation within the sector.
Silicon Catalyst and DuPont have worked together to identify key areas of focus in materials, with DuPont participating in the evaluation of incubator applicants and contributing to directed market research projects. The partnership also facilitates university collaborations and investment opportunities.
Managing Partner Atiye Bayman of Silicon Catalyst highlighted the creation of a separate track for evaluating materials startups, which has led to the incubation of new companies.
Silicon Catalyst has expanded its materials ecosystem, recently adding ten advisors with expertise in the field. Collaborations with entities such as Tel Aviv University's Tau Center, Intermolecular, and The Innovation Space at the DuPont Experimental Station campus in Wilmington, Delaware, provide processing centers for materials startups.
Pete Rodriguez, CEO of Silicon Catalyst, expressed enthusiasm for the continued relationship with DuPont, recognizing the company's global impact on improving lives.
DuPont Electronics & Industrial serves various industries, including semiconductor, healthcare, and aerospace, by providing new technologies and performance materials. Silicon Catalyst, known for its unique focus on semiconductor startups, has engaged with over 1000 startups worldwide and admitted over 100 companies. It offers resources such as design tools, networking, and access to funding to help startups launch their technology solutions.
This partnership renewal is based on a press release statement.
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