Rayton uses patented, particle accelerator-based technology to produce engineered wafers that can serve as the basis for next generation electronics impacting industries such as automotive, aerospace, 5G, LED, and solar.
Many current and next-generation electronic-based technologies require either fast speeds, high power or both. While, silicon-based semiconductors are insufficient in these regards, semiconductors made from gallium nitride (GaN), gallium arsenide (GaAs), and silicon carbide (SiC) can serve as the foundation on which high-speed, high-power electronics will be built.
Rayton believes that its unique fabrication method for semiconductors will yield more wafers from a single bulk wafer than current industry production methods, thereby allowing the price of these wafers to potentially be reduced by as much 25 percent when compared to current market prices. Management believes that the reduced price point could help the growth of 5G infrastructure, advanced automotive electronics, cellular technology, etc. and help Rayton potentially gain market leverage as it hopes to serve the companies building these burgeoning technologies.