Smoltek Nanotech Holding AB announced that the evaluation agreement that the company signed in April 2020 with a large manufacturer of electronic components has been extended further until the end of February 2022. The work within this project is carried out in the subsidiary Smoltek Semi, whose main objective is to develop and license the manufacture of extremely small and thin capacitors based on Smoltek's patent-protected carbon nanofiber technology. Smoltek conducts operations in the development, industrialization and licensing of technology solutions, based on the company's patent-protected carbon nanofiber technology, for the semiconductor industry within the Group company Smoltek Semi.

Initially, the focus is on industrializing the company's extremely small and thin CNF-MIM capacitors, where two separate agreements for industrial evaluation were signed in the spring of 2020. One of these agreements was signed with a global manufacturer of passive electronic components, including capacitors, and it is this agreement which has now been further extended to 28 February 2022.