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Destination 2D Brings Graphene to Mainstream CMOS – Breakthrough Interconnect Technology at Wafer Scale to Revolutionize Next-Generation Energy-Efficient Chips

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MILPITAS, Calif., Dec. 6, 2024 /PRNewswire/ — Destination 2D™ – a new semiconductor startup with unmatched expertise in graphene process technology – today announced it has successfully achieved wafer-scale synthesis of high-quality graphene within CMOS-compatible process conditions.

In doing so, the company is enabling the use of graphene as the first-ever two-dimensional material in mainstream semiconductor products through immediate availability of the first 300mm scale graphene synthesis equipment – the CoolC GT300™. 

Destination 2D was co-founded by Ravi Iyengar (CEO), a semiconductor microprocessor design veteran turned serial entrepreneur, and Prof. Dr. Kaustav Banerjee (CTO) – a UC Santa Barbara electrical engineering professor and the pioneer behind the company’s unique and patented graphene interconnect technology.

The issues facing the semiconductor industry as they relate to interconnects are profoundly impacted by the ever-shrinking dimensions of regular process technology. The standard interconnect material, copper, has been used for the past 30 years and is now reaching commercial end-of-life due to the ruthless tyranny of Moore’s Law and electron migration that renders copper extremely problematic in low geometry fabrication.

At sub-15 nm interconnect dimensions, the resistivity of copper increases rapidly – causing significant degradation in both circuit and system-level performance, power, and dramatically impacting all reliability metrics required by modern semiconductor designs in products such as GPUs, CPUs and others.

Graphene is a carbon allotrope consisting of a single layer of carbon atoms arranged in a hexagonal planar and atomically-thin – i.e. 2D – nanostructure. The name “graphene” is derived from “graphite” and the suffix -ene, indicates the presence of double bonds within the carbon structure. Graphene is known for its exceptionally high tensile strength, electrical conductivity, and for being the thinnest 2D material in the world. On a microscopic scale, graphene is the strongest material ever measured – it is far stronger than steel. 

The existence of graphene was first theorized in 1947 by Philip R. Wallace during his research on graphite’s electronic properties. In 2004, the material was isolated and characterized by Sir Dr. Andre Geim and Sir Dr. Konstantin Novoselov, both at the University of Manchester using a piece of graphite and adhesive tape.

In 2010, Novoselov (now Destination 2D’s Chief Scientist) and Geim were jointly-awarded the Nobel Prize in Physics for their “groundbreaking experiments regarding the two-dimensional material graphene.”

While tiny flakes of graphene are easy to produce, attempts to scale the manufacturing process for integration into mainstream CMOS have had negligible success due to fab-compatibility issues and quality control concerns.

Large area graphene synthesis, typically involving chemical vapor deposition (CVD) based techniques, require high temperatures that far exceed the allowed thermal budget of CMOS interconnect fabrication, and also require a mechanical “transfer” of the graphene grown over a metallic substrate to dielectric substrates.

Moreover, pristine (monolayer) graphene is a semimetal with a low charge carrier density, resulting in high sheet resistance, which further limits its direct applicability to interconnect applications. Therefore, for interconnect applications, multiple layers of edge-contacted graphene along with suitable “intercalation-doping” is required.

This was first theorized and experimentally demonstrated by Destination 2D’s CTO and his team, who subsequently pioneered the pressure-assisted solid-phase diffusion technique for synthesizing multilayered graphene directly over dielectric substrates at CMOS-compatible temperatures.

The company’s unmatched expertise in harnessing graphene’s unique capabilities for chip interconnects is further bolstered by an equipment engineering team led by Chief Product Officer Dave Silvetti, an award-winning semiconductor equipment industry veteran. Silvetti is credited with bringing several cutting-edge CMOS process technology equipment designs into high-volume production.

Destination 2D’s CMOS-compatible interconnect design innovation is achieved via intercalation-doped and edge-contacted multi-layer graphene, which delivers lower resistivity, significantly better reliability and up to 80% higher energy-efficiency than copper interconnects.

A CMOS-compatible synthesis technology allows for the direct synthesis of graphene onto wafer-scale dielectric substrates at temperatures significantly below the CMOS thermal budget. All of this is achieved without the warping and cracking issues that have plagued previous graphene commercialization efforts around CMOS interconnects. 

Armed with several key patents, these design and process technology inventions are just one aspect of Destination 2D’s breakthrough innovation. The other equally crucial component is the CoolC GT300, a specialized, industrial-scale patented equipment developed by Destination 2D. 

The CoolC GT300 implements Destination 2D’s proprietary graphene synthesis process without the traditional thermal issues that have prevented graphene from being in CMOS applications. Simultaneous with Destination 2D’s achievement of the wafer-scale graphene synthesis technology, this patented equipment is announced with immediate availability for order to interested customers.

“Wafer-scale graphene coverage demonstrated by Destination 2D using BEOL compatible low-temperature transfer-free process marks a significant milestone for the CMOS industry,” said Ravi Iyengar, CEO of Destination 2D. “Destination 2D’s interconnect technology – when integrated in both Logic and Memory chips – could profoundly transform the landscape for Artificial Intelligence and other compute-centric applications.”

About Destination 2D:

Destination 2D is a groundbreaking startup that has commercialized integration of graphene interconnects into standard CMOS semiconductor process technology at scale and without the traditional issues that have prevented graphene from being used in chip manufacturing processes to date. 

Graphene has exceptional electronic conductivity that is far superior to the standard copper interconnects used for the past 30 years and which is now reaching commercial end-of-life. Graphene also possesses high mechanical flexibility and strength, as well as exceptional physical and chemical stability. Thanks to the pioneering efforts of a world-renowned team, Destination 2D is uniquely poised to bring graphene into the mainstream of semiconductor manufacturing. Learn more at www.destination2d.com.

Destination 2D and CoolC GT300 are trademarks of Destination 2D, Inc. All other referenced trademarks and registered trademarks previously cited are hereby recognized and acknowledged.

Please contact Destination 2D press counsel Jonathan Hirshon for more information

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SOURCE Destination 2D Inc.

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Greenzie releases 2025 Annual Safety Report, documenting multi-year safety performance at commercial scale

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The data shows zero lost-time injuries, zero OSHA medical attentions and zero human near-misses across real-world operation

ATLANTA, April 23, 2026 /PRNewswire/ — Greenzie, the technology platform powering commercial autonomy across multiple OEMs, today shared multi-year safety data from real-world commercial operation, documenting more than 150,000 autonomous miles with zero lost-time injuries, zero OSHA medical attentions and zero human near-misses. The data is published in Greenzie’s 2025 Annual Safety Report, available at greenzie.com/safety.

The report is based on extensive operational data spanning more than 5.4 billion square feet of turf mowed, 68,000+ hours of autonomous mowing and more than 50,000 operator days, the equivalent of 265 mowing seasons.

“Greenzie is helping define safety in autonomous landscape operations, and transparency is a critical part of that,” said Steve Bush, chief operating officer of Greenzie. “These results show that commercial autonomy is operating safely at meaningful scale in the field. Transparency matters because as this category matures, real-world data helps build confidence in what responsible deployment looks like.”

The report’s findings are particularly significant in the context of the U.S. landscaping industry, which employs roughly 1.3 million workers and experiences a higher-than-average rate of workplace accidents compared to other fields. Greenzie’s multi-year operating data shows that autonomy is not theoretical; it is already being deployed consistently and performing safely at scale.

“Greenzie Powered Autonomy™ has been validated through years of sustained use in the field,” Bush said. “That level of real-world performance reinforces both the reliability of our platform and the broader readiness of commercial autonomy.”

Greenzie attributes this performance to a disciplined safety approach that includes robust perception, tested operating standards and continuous validation in real-world commercial environments.

For more information about Greenzie, visit greenzie.com.

About Greenzie

Founded in 2018, Greenzie is the technology platform powering commercial autonomy. Created to solve the landscape industry’s labor and productivity challenges, Greenzie works with leading equipment manufacturers to deliver the software, navigation and safety systems that enable mowing and other outdoor power equipment to operate autonomously in real-world commercial environments. Today, Greenzie’s platform is running on hundreds of machines in active use, helping manufacturers bring autonomy to market and allowing operators to get more done with limited labor—moving autonomy from early experimentation to everyday operations. For more information, visit greenzie.com.

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SOURCE Greenzie

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CGI renews global SAP S/4HANA operations and SAP BTP operations certifications, reinforcing its consistent, quality delivery at scale

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MONTRÉAL, April 23, 2026 /CNW/ – CGI (NYSE: GIB) (TSX: GIB.A), one of the largest independent IT and business consulting services firms in the world, announced that it has achieved the following recertifications for its global operation capabilities:

SAP S/4HANA operations and works with RISE with SAP SAP BTP operations and works with RISE with SAP

These recertifications highlight CGI’s ability to deliver consistent, high-quality managed SAP services and operations across regions, including services aligned with RISE with SAP. CGI’s SAP-based services help clients reduce operational risk, improve performance and efficiency and scale transformation with greater predictability. This also builds on CGI’s SAP alliance relationship momentum, including its recent AWS SAP Competency Partner status which highlights CGI’s expertise in modernizing mission-critical SAP workloads with AI-enabled cloud solutions.

“Running SAP at enterprise scale requires a partner with proven capabilities, delivery discipline and the ability to innovate securely, including through the integration of AI to deliver tangible outcomes,” said Didier Thérond, President, CGI France operations, and Global Executive Sponsor for CGI’s partnership with SAP. “These global recertifications reinforce CGI’s end-to-end SAP capabilities, including AI-enabled services, helping clients operate mission-critical systems with confidence and advance their modernization and cloud strategies.”

“CGI remains a trusted partner in our SAP Operations Partner program, consistently demonstrating a structured and disciplined approach to certification,” said Rudolf Scheipers, VP, Head of SAP Operations Partner Certification, SAP Partner Innovation Lifecycle Services. “These recertifications highlight the company’s mature operating model and commitment to the high standards we expect globally, ensuring clients running SAP environments can rely on consistent, secure, and efficient operations.”

CGI’s global alliance strategy features partnerships with more than 150 technology companies and supports its local relationship model complemented by a global delivery network. Through its SAP alliance, CGI helps organizations accelerate innovation, deploy and manage SAP solutions globally, and deliver industry-specific business outcomes with rapid, scalable, and AI-enabled cloud and ERP services.

About CGI
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 94,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2025 reported revenue is CA$15.91 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.

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SOURCE CGI Inc.

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Scholastic Corporation Announces Final Results of Modified Dutch Auction Tender Offer

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NEW YORK, April 23, 2026 /PRNewswire/ — Scholastic Corporation (the “Company” or “Scholastic”) (Nasdaq: SCHL), the global children’s publishing, education and media company, today announced the final results of its “modified Dutch Auction” tender offer for shares of its common stock, which expired at 5:00 p.m., New York City time, on April 20, 2026.

Based on the final count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 2,834,018 shares of Scholastic’s common stock, par value $0.01 per share (each share of Scholastic’s common stock, a “Share,” and collectively, “Shares”), were properly tendered and not properly withdrawn at or below the purchase price of $40.00 per Share, including 989,343 Shares that were tendered by notice of guaranteed delivery.

Scholastic has accepted for purchase a total of 2,834,018 Shares through the tender offer at a price of $40.00 per Share, for an aggregate cost of $113,360,720.00, excluding fees and expenses relating to the tender offer.  The total of 2,834,018 Shares that Scholastic has accepted for purchase represents approximately 13.7% of the total number of Shares outstanding as of April 19,  2026.

J.P. Morgan Securities LLC served as the dealer manager for the tender offer. Georgeson LLC served as the information agent. Holders of common stock who have questions or need information about the tender offer may call Georgeson LLC at (866) 539-9980 (toll free). Banks and brokers may call Georgeson at (866) 539-9980 or J.P. Morgan Securities LLC at (877) 371-5947 (toll free).

About Scholastic 

For more than 100 years, Scholastic Corporation (Nasdaq: SCHL) has been meeting children where they are – at school, at home and in their communities – by creating quality content and experiences, all beginning with literacy. Scholastic delivers stories, characters, and learning moments that empower all kids to become lifelong readers and learners through bestselling children’s books, literacy- and knowledge-building resources for schools including classroom magazines, and award-winning, entertaining children’s media. As the world’s largest publisher and distributor of children’s books through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online, and with a global reach into more than 135 countries, Scholastic encourages the personal and intellectual growth of all children, while nurturing a lifelong relationship with reading, themselves, and the world around them. Learn more at www.scholastic.com.

Forward-Looking Statements

This news release contains certain forward-looking statements. Such forward-looking statements are subject to various risks and uncertainties, including the conditions of the children’s book and educational materials markets generally and acceptance of the Company’s products within those markets, and other risks and factors identified from time to time in the Company’s filings with the Securities and Exchange Commission. Actual results could differ materially from those currently anticipated.

SCHL: Financial

 

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SOURCE Scholastic Corporation

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