RCS - IQE PLC - IQE plc: Raytheon qualifies IQE North Carolina

IqeAnnouncement

08/01/2024 07:00

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RNS Number : 8407Y  IQE PLC  08 January 2024

IQE plc

 

Reach

 

Cardiff, UK

8 January 2024

 

 

RTX's Raytheon qualifies IQE North Carolina for defence components made in the
USA

 

IQE plc (AIM:  IQE, "IQE" or the "Group"), the leading supplier of compound
semiconductor wafer products and advanced material solutions to the global
semiconductor industry, is pleased to announce Raytheon has qualified IQE's
North Carolina site for the manufacture of epitaxial wafers for use in
advanced infrared sensing and imaging.

IQE will continue to be a trusted technology partner, providing Raytheon with
a secure supply of high-performance infrared photodetector epiwafers made in
the USA to bolster national security and domestic supply chains. Building upon
a 15-year partnership, both parties will continue to collaborate closely on
the research and development of infrared sensors, further developing
capabilities for intelligence, surveillance and reconnaissance applications.

Americo Lemos, Chief Executive Officer of IQE, commented:

"IQE is a market-leading global player in the supply of compound
semiconductors to the aerospace and security industries. Having received a
Raytheon Premier Supplier Excellence Award, this qualification demonstrates
the continued confidence that Raytheon has in IQE. We are proud to be a
strategic partner, ensuring the volume production of sensor and imaging
materials made in the USA for a resilient supply chain. We look forward to
continuing our long-term partnership for years to come."

 

Contacts:

 

IQE plc

+44 (0) 29 2083 9400

Americo Lemos

Neil Rummings

Amy Barlow

 

Headland Consultancy (Financial PR)
+ 44 (0) 20 38054822

Andy Rivett-Carnac: +44 (0) 7968 997 365

Chloe Francklin: +44 (0)78 3497 4624

 

ABOUT IQE

http://iqep.com
(https://www.globenewswire.com/Tracker?data=yZf7NKp1JKLALUCxlBuC8wkLnLAqoe5-kjjIlkMIDci9q9W0x_02bwZV-eorSbpLXZxy4zi3xHh-O4FM8nWjeg==)

 

 

IQE is the leading global supplier of advanced compound semiconductor wafers
and materials solutions that enable a diverse range of applications across:

 

·    Smart Connected Devices

·    Communications Infrastructure

·    Automotive and Industrial

·    Aerospace and Security

 

As a scaled global epitaxy wafer manufacturer, IQE is uniquely positioned in
this market which has high barriers to entry. IQE supplies the global market
and is enabling customers to innovate at chip and OEM level. By leveraging the
Group's intellectual property portfolio including know-how and patents, it
produces epitaxy wafers of superior quality, yield and unit economics.

IQE is headquartered in Cardiff UK, with employees across eight manufacturing
locations in the UK, US and Taiwan, and is listed on the AIM Stock Exchange in
London.

 

 

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