 Hello, my name is Tarek, I'm from Iulita, I'm a strategic director for marketing and we are here at Display Week in Los Angeles. I'm Kelsey Woolley, I'm the director of North American Operations and we're here showcasing our unique lithography solution for photonic devices. So what is unique about what you do? Great question, yeah, so what we do is we're doing a mask based interference type of lithography that's called Talbot, that's able to produce very high resolution structures in very large fields and to do this very quickly and very inexpensively. So we're able to image an entire 140 by 140 millimeter exposure field in one single exposure providing a seamless patterning capability for our customers and the resolution can get down to 60 nanometer half pitch, so DUV capabilities. And these wafers are running 30 wafers per hour up from there. So it's a very fast, very low cost, our tools are far less expensive than a projection type of structure. Sorry, platform, this is making sure, Tarek's not getting stuck in the microphone. So we sell to a lot of AR, VR, laser customers, telecom gradings, any sort of R&D that's based around photonic structures or diffraction gradings. Polarizers, you name it. Is this stuff that has to do with displays or chipsets or both? Displays, yes displays. So in order for the mask based interference to work, it needs to be a pattern that has periodicity. So it needs to have something that is replicated over the exposure field in order to get the high enough resolution. So we're not printing icy circuits, but we're printing line space structures or lattices or holes or pillars or other large area periodic patterns. And this is crucial for the future of displays or for what? Oh, certainly, certainly. So our business is built around the ability to make these large field patterns for a fraction of the cost of some of the other solutions. We're much faster, much less expensive than, say, an eBeam competitor and it's much more reproducible and much more reliable than a nano imprint solution. And that's where... You talk about the eBeam, is that what everybody's using or what is the eBeam? It depends on what everyone's doing. People use eBeam when they don't need or if they don't want mask based work or if they need to do very small patterns. eBeam is okay for that. It's good for R&D. But eBeam doesn't scale. And so we get a lot of customers that have been using eBeam for years. They developed a product that's at the maturity level that they want to take it into manufacturing. And they need something, some sort of lithography solution that can take them there. So we usually come in at that point where they're ready to start making more structures faster and comes important. What's the Fable R, Fable X, Fable S? Is that your big machine? They are. So there are the three tools that we sell. The Fable R, the R stands for research based. It's a tabletop, which we've got a picture of over here. Yeah, this one? Uh-huh. So you get all the benefits of the optics, but it's a very low entry cost point and good for proof of concept for ensuring that you can build your full flow based on this type of lithography. So who's going to be buying these? So we get anywhere from universities all the way up to large customers that need to do R&D first. So this utilizes the DTL patterning, but it's very straightforward, very small footprint, very low entry price to see that that's the technology they want to scale with. When they're ready to scale, we have the Fable X. I'll pull this out for you. Yeah. Which does the same high resolution optics, but it starts adding larger wafer sizes and automation. So you get a front end robot that does cassette and cassette out handling. You have a post-exposure bake, for example. It becomes much faster, much higher throughput, much more reliable with a semi-automation system. And then when customers are ready to go all the way to 300 millimeter, we have a step and repeat system. So the unique thing about this tool is it takes that 140 by 140 millimeter exposure field and it step and repeats it over the larger wafer. So you're able to utilize the whole wafer with that large seamless exposure field. And so this is full automation. So boop in, boop out, cassette in, cassette out. Also automatic mask handling, so you don't have to touch masks. It's really set for high volume. When people make millions and billions of displays, do they use stuff that could be related to this? Yes. Or are you doing lithography in a way that's unique, nobody else? Correct. That's exactly that. Yes. How many customers already? Or are you new in this? Yes. So you look at has been around for about 10 years and has been growing over those 10 years, where the first models were only the R, the tabletop and kind of a university R&D focused tool. And then in the last five years or so, we've come out with the X for the customers that are ready to scale to that level. And then due to the drive of the market, we have just in the last year started offering the 300 millimeter platform. So can you explain a little bit? Let's say a non-expert. How does this become a display? Yes. Where does it go? Yeah. So it depends on the display. So my background is an augmented reality. So I'll speak to augmented reality like we have a lot of customers that use this for waveguides. So for example, if your waveguide is based on diffraction, you would need to create line space diffractive gradings on the surface of your eyepiece. And so those gradings are line space nanostructures at a certain pitch, a certain size to control the light input and output over that large space of eyepiece. So these line space structures become extremely important to fill that eyepiece so that these are the diffractive elements. So we control the pitch, the size, the grading orientation that go into the design of making a really good augmented reality waveguide. It could be a company like Vuzix maybe. Yes, definitely. It could be working with a company like you. People who make ARVR, which is going to be huge. Yes, a lot of customers. This is a booming industry. Are there markets? Yes. Physical and projectors? Does that work for that? Yes. So we have some customers that are in micro LEDs. Anything bigger than that? They can use typical mask liners for that type of lithography. It's really the micro level where mask liners can no longer do that type of lithography, that they start to have to look at nano imprint or projection, and we're a lower cost solution to that. So we have market space there where we're providing solutions in like holes and pillars that go into micro LED devices too. So somebody's asking, is your market restricted like selling into China? No. No? No. So we are a Swiss-based company. Which is neutral? Which is neutral. So we sell worldwide. Over half of our machines are actually in China. What am I seeing here? Yes. This is a six inch wafer with a four inch exposure field. Our exposure fields can be much larger than that. But these are just holographic elements. And so these are those diffractive gradings that I was speaking about. There are nano structures that kind of capture the LEDs in this display and just light up and make it glow. So we have customers too that use our tools for creating holographic elements. Nice. And what's the Swiss flag? So is that the headquarters? Yes. Yes. We've got our Swiss flag here. All right. That is, they're based in Kristorf, which is about 25 minutes out of Zurich. So all of our tools are manufactured in Switzerland. So it's precision? It's precision. Yes. It's micro electronics. It's micro technology stuff. I mean that's what the Swiss kind of say sometimes. Yes. And then there's office in the U.S.? Correct. So I run the U.S. operations and our office is up near Seattle in Redmond, Washington. Cool. All right. Thanks a lot. Yeah. Thank you. Any other questions? Yeah. Hello. I'm Mr. Beast. No, I'm not Mr. Beast actually. But if I was Mr. Beast and if I was sending you a bunch of money, I would use WISE. WISE is a really smart way to send money around the world. Tiny little fees. Check out my video, a seven minute video where I try to explain some more. It works in hundreds of countries. 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