AKHAN leaders look at opportunities with Costa Rica
Business Wire
CHICAGO - Gurnee-based AKHAN Semiconductor and Illinois state leaders was part of a recent meeting with the Costa Rica Investment Promotion Agency (CINDE) that examined promoting and conducting semiconductor research and development among the two countries.
At the introductory meeting, AKHAN and CINDE discussed laying the groundwork for future deals with Costa Rican companies as well as created a development road map for partnership opportunities for product research, pilot development and high volume commercialization.
The meeting also focused on partnership opportunities for clean technology, and how CINDE can potentially license and collaborate on research with AKHAN, whose diamond-based semiconductors are pioneering electronics and engineering processes that minimize pollution and environmental waste.
Attending the event were Illinois State Sen. Melinda Bush and Economic Development Director Ellen Dean, as well as AKHAN senior leadership, including company Founder & Chief Executive Officer Adam Khan, President & Chief Operating Officer Carl Shurboff, and Chief Financial Officer Kristie King.
"We are extremely excited to welcome officials from CINDE to our global HQ in Gurnee," said AKHAN COO Carl Shurboff. "AKHAN's advanced diamond materials, such as the Miraj Diamond Glass platform have allowed for synergistic discussions with the Costa Rican officials for expanding product manufacturing and collaborating on advanced R&D opportunities. AKHAN has been working quite effectively with both international businesses and officials, and we look forward to growing the bilateral opportunities with Costa Rica."
Lucía Gross, Investment Promotion Manager Life Sciences sector at CINDE, notes that Costa Rica is interested in exploring new opportunities for collaboration with high level companies such as AKHAN. "Our country is the perfect location to develop research activities in several areas related to high tech manufacturing. We are very excited to establish contact and explore future agreements with [AKHAN]".
"I'm pleased to continue working with AKHAN as they do exciting work in Lake County and take steps to forge important international partnerships," says State Senator Melinda Bush. "This kind of cooperation is key if we seek to thrive in the global economy."