AKHAN Technologies, Inc. (Private)
September 24, 2012 Issue
The Most Powerful Name In Corporate News and Information
Having Successfully Demonstrated the Ability to Manufacture Diamond Based Microelectronic Devices and Penetrated the Power and LED Power Supply Space with their Miraj Diamond™ Platform, AKHAN Technologies, Inc. is Well Positioned for Future Growth
Diamond Semiconductor Device Application
Barrington Road, Suite 400
Interview conducted by: Lynn Fosse, Senior Editor, CEOCFO Magazine, Published – September 24, 2012
Mr. Khan: Originally, we set out to accomplish what many researchers and companies failed to do in the past and that was to successfully demonstrate a manufacturable diamond based microelectronic device. The global community has long been interested in diamond devices as Diamond has some unique aspects which we hope to exploit in the semiconductor marketplace.
CEOCFO: Where are you today?
Mr. Khan: Compared to where we started eight years ago, today we have begun to penetrate some of the most formidable device markets with advanced applications, including power and LED power supply. We have begun transitioning beyond the laboratory research phase, bringing to the open market some practical low cost device demonstrations.
CEOCFO: What was the biggest challenge to get the technology to create the device?
Mr. Khan: Originally, it was the technological feasibility. We were working with a material choice which was considered by the international community at the time to be inferior as compared to single crystal diamond. The process we had originally incorporated had long been forgotten in modern approaches. Once we were successfully able to move past the feasibility and demonstrate the superiority of our process, it became dramatically simpler.
CEOCFO: Who is using your product today?
Mr. Khan: The types of organizations that are looking at our products range from lead chip designers such as those for CPU/Consumer Electronics as well as aerospace and defense.
What makes your product or process better and how does it stand out from
CEOCFO: What is the competitive landscape for you?
At this point, because it is such a pioneering segment, we are not competing
directly with any companies. Diamond electronics is unique. The issue of
n-type doping is highly restrictive, so we are sort of the first in that
Is the industry aware of what you can do in general and are they embracing
the technology or are they slow to pay attention?
CEOCFO: What are the hurdles to including your designs?
Mr. Khan: What we do addresses those hurdles previously incumbent on diamond semiconductor materials. In the beginning, people were thinking that to incorporate diamond there would have to be a completely different tool set required, but we have developed our whole process at various university labs across the United States with equipment lines currently used to process silicon. The cost of adoption at this point is negligible. One of our goals up to now was to show how simple it is to transition over to this new materials choice.
CEOCFO: Has the current economic scenario hurt or helped, has there been an effect?
Mr. Khan: A few years ago, the effect was felt but now the marketplace is more ready to adopt newer technologies. It is about being energy and cost efficient, and I think at this point the market is eager to look at new technologies specifically focused on this. Because it is a globally sought technology and the size of the potential market globally is some $300 billion we are not limited geographically. I think the marketplace is relatively open for us at this point.
CEOCFO: What is happening day-to-day at Akhan?
Mr. Khan: We have several white papers that are going to be out for scientific publication and we are finalizing those as well as preparing some of our marketing materials to show the competitive performance advantages that we have been able to demonstrate. Essentially, we are in the first stage of commercializing and we are now moving this more to the public eye and outside of the laboratory.
CEOCFO: Would you tell us about your skill set of you and your team that allows you to go from development to commercialization successfully?
Mr. Khan: My background is in electrical engineering and physics. Originally, I had worked with superconductors at the University of Illinois in Chicago before looking at diamond as a semiconductor material. I am a rather young individual at 28 years old so my belief has always been bring on people who are better-suited and more intelligent than you in varying points of weakness. With my board, we brought on individuals who are titans in their respective industries. We have a premiere semiconductor analyst Ross Young, consultant to IMS Research, Bruce Berkoff former CMO of an Applied Materials marketing division. In all these areas originally perceived as weak, we brought on strength-focused players.
CEOCFO: Development and commercialization are expensive, is Akhan funded to get through the next steps?
Mr. Khan: We are!
CEOCFO: Why should investors pay attention to Akhan?
Mr. Khan: The interesting thing about our technology is that it can go virtually everywhere that silicon currently is in play, which is everywhere from televisions to laptops, tablets, etc. In addition to performance advantages, our materials allow for a system level decrease in cost and materials.
CEOCFO: What should people remember most about Akhan?
I would say aesthetically that it is diamond but I would say more
specifically that this is a next-generation technology which not only brings
cost savings but performance advantages which is essential to progression in
Originally, we set out to accomplish what many researchers and companies failed to do in the past and that was to successfully demonstrate a manufacturable diamond based microelectronic device. The global community has long been interested in diamond devices as Diamond has some unique aspects which we hope to exploit in the semiconductor marketplace. - Adam Khan
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