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Ion Beam Applications SA IBA ( (GB:0GZK) ) just unveiled an announcement.
Ion Beam Applications SA, in collaboration with Wallonie Entreprendre International, has made a strategic investment in the German start-up mi2-factory, acquiring a 30% stake to advance the development of silicon carbide power semiconductor chips. This investment aims to support mi2-factory’s innovative nitrogen implantation process, enhancing the efficiency of SiC chips, which are crucial for sectors such as electric mobility and renewable energy. The collaboration is expected to bolster European expertise in power electronics and has the potential to drive long-term economic growth and innovation in related industries.
More about Ion Beam Applications SA IBA
IBA (Ion Beam Applications S.A.) is a global leader in particle accelerator technology, providing advanced equipment and services in proton therapy, industrial sterilization, radiopharmaceuticals, and dosimetry. The company is based in Belgium and employs approximately 2,000 people worldwide. It is a certified B Corporation meeting high standards of social and environmental performance.
YTD Price Performance: -4.20%
Average Trading Volume: 1,365
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €378.4M
For an in-depth examination of 0GZK stock, go to TipRanks’ Stock Analysis page.
