Diamond Microwave Devices Ltd, a spin out from the diamond electronics team in Element Six Technologies, has completed a £1.3m equity financing from a consortium consisting of Oxford Technology Management, YFM via the Partnership Investment Fund, The ERA Foundation and two private investors.
The Leeds, UK-based company is developing novel diamond semiconductor materials and processing technology with the aim of creating the next generation of high-power, high-frequency semiconductor devices.
These advanced devices will have application in microwave power amplifiers and transmitters that are used in civil and defence systems. The funds will be used to develop and build power amplifier modules for customer trialling during 2010.
The 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.