CMC It appears there may be some misconceptions regarding the recent dealings, particularly in the context of the collaboration with CMC. In fact, this alliance is pivotal in paving the way for large-scale production with Flobal Foundries.
The association with the Bromont plant is primarily oriented towards securing future funding through ‘IRAP’ and the NRC in addition to semiconductor development processes. It would be beneficial to explore the workings of this funding mechanism on their official website. Furthermore, it aligns us with a more sustainable and advantageous long-term option, in alignment with the CHIPs Act.
These interconnected elements are an integral part of the ecosystem that small semiconductor companies, particularly those operating with limited resources, must adhere to. They offer a clear path forward, with companies collaborating and providing diverse avenues for non-dilutive funding. By examining our past news releases, one can discern how closely Andrew has adhered to the NRC’s requirements, with onshoring being our initial strategic move at the beginning of this year.
Make no mistake CMC and C2MI work very closely with one another.