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TowerJazz Awarded Five-Year Multi-Million Dollar Program in Partnership with US Air Force

Technology Investment Agreement focused on support of Air Force’s Large Die ROIC Program and continued improvements for TowerJazz’s US facility

TowerJazz (Nasdaq: TSEM; TASE:TSEM) has announced the award and program kick-off of a Technology Investment Agreement (TIA) with the United States Air Force, the Air Force Research Laboratory (USAF/AFRL).

The Defense Production program is a five-year multi-million dollar Large Format Read Out Integrated Circuit (ROIC) Foundry Improvement and Sustainability program. TowerJazz is a leading manufacturer of ROICs which are key elements in many commercial and military detectors, sensors, and imaging systems spanning air, land, sea and space. This award will enhance TowerJazz’s ability to support production requirements of increasingly complex future ROIC designs.

TowerJazz operates a full on-shore facility with ITAR mask suppliers continuing a tradition started over 20 years ago when this facility was the primary semiconductor manufacturing site for Rockwell International. In addition to supporting the manufacture of ITAR designs, TowerJazz is now also able to offer Trusted Solutions through Jazz Semiconductor Trusted Foundry.

TowerJazz is extremely excited to have this opportunity to partner with Wright-Patterson AFB in support of the Air Force’s Large Die ROIC foundry improvement and sustainability program. This program will leverage past and ongoing accomplishments at TowerJazz in support of on-shore fabrication critical to our National Defense and assist in enabling the next generation of essential Aerospace and Defense applications, ” said Mike Scott, Director, USA Aerospace and Defense Division, TowerJazz.

 

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