Jce
43 posts
$ATOM Atomera is a high probability recipient of a Power America funding award in the next few days. They may not PR it right away as there will be some negotiations between Atomera and Power America on how to use the funds, but I suspect they will receive the award and we see some sort of volume and/or price spike soon because of this. Power America is a program ran by the DOE. The reason Atomera applied for this funding was the rigorous testing that Sandia National Lab put their technology thru for GaN on Silicon applications for 15+ months. They also did some testing with Incize, a large Belgian RF test house for their GaN on Silicon for RF applications. And then after both the Sandia testing and the Incize testing, they got their technology included into $SNPS simulation software for both GaN Power and GaN RF applications. I think that it's clear all testing went extremely well. Atomera CEO even confirmed that they were "encouraged" to apply for this funding by the people at Sandia National Lab. Make sure you look in the attached images to verify who actually owns and operates Sandia National Lab. Federally funded lab operated by Honeywell Corp. This is no joke. There are a lot of other reasons to like this stock, mainly their recent definitive data applicable to Gate All Around applications, and also working with 2 of the 3 large memory makers. But this GaN offering may end up moving the quickest. I do not think the dollar amount they receive in funding will be substantial-that doesn't matter. Its simply the validation coming from the DOE that derisks this stock further. With all the upside this company has and a market cap of only ~$350m and 2 years of cash on hand now-this is a very low risk swing or long hold. This is one of my large positions along with $VICR $MU $DRAM and I believe this has upside of $40+ in the long run and maybe 12-15 in the next few months.
