3 April 2014

5N Plus acquires remaining stake in Sylarus

Specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has acquired the remaining 33.33% ownership stake in Sylarus Technologies LLC of St. George, UT, USA and has changed the subsidiary’s name to 5N Plus Semiconductors LLC.

5N Plus provides purified metals such as bismuth, gallium, germanium, indium, antimony, cadmium, selenium and tellurium, and also produces related II-VI semiconducting compounds such as cadmium telluride (CdTe), cadmium sulphide (CdS) and indium antimonide (InSb) as precursors for the growth of crystals for solar, LED and eco-friendly materials applications.

5N Plus Semiconductors is the sole US domestic space‐qualified germanium substrate supplier to National Security Space (NSS) customers, and is one of only two National Defense Stockpile (NDS)-qualified germanium substrate suppliers worldwide. Since its inception, 5N Plus Semiconductors has been awarded over US$10m in contracts from the US Government, including a US$1.32m contract by the Defense Logistics Agency (DLA) to upgrade a portion of the NDS high-purity germanium metal inventory to unfinished germanium substrates for multifunction photovoltaic solar cells employed in NSS applications.

The DLA award was strategic in nature as 5N Plus Semiconductors is now part of the US NDS for strategic materials, with the potential for follow‐on business both as a strategic metal supplier and NDS inventory manager.

“Through this platform that we have renamed 5N Plus Semiconductors, we intend to grow our semiconductor substrate business,” says president & CEO Jacques L’Ecuyer.

Tags: 5N Plus Germanium substrates

Visit: http://sylarus.com

Visit: www.5nplus.com