CAMBRIDGE, UK Diamond Microwave Devices (DMD), a spin out from the diamond electronics team in Element Six Technologies (E6), has closed a GBP1.3m equity investment from a consortium consisting of Oxford Technology Management, YFM via the Partnership Investment Fund, The ERA Foundation and two private investors.
During the course of 2009, DMD has made various performance breakthroughs in its diamond-based transistor technology and this investment round will be used to develop and build power amplifier modules for customer trialling during 2010.
The DMD diamond transistor technology will enable the move to low cost, lightweight solid-state amplifiers in high power, high frequency applications such as radar, communications, SATCOMS, and electronic warfare.
"This new investment signals the next step for DMD. It will allow the company to progress with its plans to commercialise its ground-breaking technology, says Brendon Grunewald, head of E6 Ventures.
Element Six is the world's leading supplier of industrial Diamond supermaterials, it manufactures Diamond using high pressure high temperature (HPHT) synthesis and chemical vapour deposition (CVD)
More information on the company's website