SmartKem, Inc. (NASDAQ:SMTK) has entered into a 12-month paid proof-of-concept agreement with a global consumer electronics company, the company reported on January 6. The partnership will focus on developing next-generation smart wearable devices.
These devices will use a conformable MicroLED display powered by SmartKem's proprietary organic thin-film transistor (OTFT) technology. The project aims to build curved surface wearable devices using OTFT-based MicroLED display technology.
Key challenges in the wearables market that the partnership seeks to address include extreme miniaturization, low power consumption, outdoor visibility, and high resistance to impact. This project will combine SmartKem's proprietary OTFT technology with MicroLEDs using a "chip-first" design.
Previously, on December 10, SmartKem shared that it has developed the world's first all-organic-transistor (AOT) biometric sensor. This technology was developed in collaboration with the SJTU.
The sensor significantly enhances the sensitivity of optical detection for flexible biometric use cases, such as finger or palm print recognition on curved surfaces. According to the report by SmartKem, this new technology also has the potential to address challenges like fingerprint spoofing.
Advanced liveness detection methods can catch subtle signals that tell apart real fingerprints from fake ones. SmartKem is a semiconductor company that focuses on the development of a new class of transistor using its proprietary advanced semiconductor materials.