Amber Solutions, Inc., a global technological developer of patented, innovative technologies for AC Direct digital management of electricity in solid-state architecture, has announced that it has formally changed its name to Amber Semiconductor, Inc. (AmberSemi), effective immediately.
The change to AmberSemi exemplifies the company’s desire to represent its core technological function more acutely and accurately, productizing its patented breakthrough technologies for AC Direct digital control of electricity into silicon chips. This disruptive breakthrough enables major semiconductor and electrical products companies to transform the building electrical grid and upgrade electrical products on a global scale.
Brand name change to Amber Semiconductor, Inc.
Formally changing the company name to Amber Semiconductor, Inc. aligns with the company’s business objectives
Formally changing the company name to Amber Semiconductor, Inc. aligns with the company’s business objectives for 2022 and beyond, including forthcoming partnership engagements and strategic alignments with some of the most significant manufacturers of semiconductor solutions and electrical products globally.
In working with these partners, Amber Semiconductor, Inc. will provide its core technologies, including digitization of electricity for breakthrough power delivery (AC Direct DC Enabler), power control and protection (AC Direct Indestructible Switch Controller) and Realtime and continuous sensing of the state or variance of AC mains electricity (AC Direct Sensing) via solid-state, silicon chips.
Establishing the company’s primary market position
Such disruptive breakthroughs makes the name change to AmberSemi a logical and strategic step in establishing the company’s primary market positioning and expanding its wide-spanning footprint in the semiconductor industry.
Thar Casey, the Founder and Chief Executive Officer (CEO) of Amber Semiconductor, Inc. “Considering the tremendous breakthroughs we have discovered in digital power management and sensing in silicon chip architecture, changing our name reflects our true nature as a fabless semiconductor technology provider and represents the direction we’re heading as a company.”
Globalization of intelligent digital management of electricity
Thar Casey adds, “The electrical endpoints of every building in the world are important and yet are based on old tech architectures ripe for upgrading with modern digital innovations, and the most effective way to achieve this is with a silicon chip, which we’ll be introducing to the market in the coming quarters.”
We hold the cards to globalization of intelligent digital management of electricity in silicon chips"
He further stated, “We hold the cards to globalization of intelligent digital management of electricity in silicon chips, which has the potential to transform building intelligence and the very nature of electricity in our world as we know it.”
Partnership with Infineon Technologies
Amber Semiconductor, Inc. is currently working with a who’s who list of electrical products and semiconductor companies across the world. While most of these alliances are under NDA, Infineon Technologies has publicly announced support for AmberSemi’s efforts.
“Infineon sees tremendous opportunity with Amber’s breakthroughs,” said Preet Sibia, the Vice President (VP), Power and Sensor Systems Division, Infineon Technologies Americas Corp, adding “An advancement into siliconization will allow Amber to seize a major opportunity in the market and accelerate the ability for us to match up Amber’s innovative architecture, with our multiple product offerings in power, control, compute, sensing, and security.”
Preet Sibia continues, “This combination will provide value to our end customers’ products in ways previously not possible, as the replacement of mechanical-based electrical components is now becoming a feasible reality, with a visible path to widespread adoption.”
Transformation of the electrical product architecture
AmberSemi’s core mission is to transform the electrical product architecture from outdated, 1950’s era technologies to smaller, safer and smarter silicon chips – representing a second electrical revolution of silicon-based, arc-free electricity management and sensing.
In working with Amber Semiconductor, Inc., electrical products companies can benefit from smaller, safer more reliable electricity architectures that enable a dramatic increase in functionality, while maintaining the same universal form factors that are prevalent in the market, such as single gang boxes and retrofit circuit breakers.
Explosive growth of the semiconductor sector
Simultaneously, semiconductor companies benefit from an acceleration of their current business
Simultaneously, semiconductor companies benefit from an acceleration of their current business, through dynamic power management and sensing, which has never been more relevant. In April 2022, McKinsey released a research report formally projecting the semiconductor sector to continue its explosive growth, over the next decade, becoming a trillion-dollar industry by 2030.
In addition to silicon-based power delivery, AmberSemi’s technologies support direct synergies with 75% of the growth categories named in the report, including consumer electronics, industrial electronics, wireless communication, computing, and data storage, thereby positioning the company for broad-ranging success in the years ahead.
Attract attention from the investment universe
In addition to attracting the eye of numerous global electrical products and semiconductor companies, Amber Semiconductor, Inc.’s technologies have garnered significant attention from the investment universe.
Since 2020, the company has secured two significant rounds of Series A and Series B funding, representing widespread interest from the Silicon Valley investment community, and demonstrating a fortified belief in the potential of AmberSemi’s revolutionary technology, through its enthusiastic investor base.
Incorporating advanced digital control and analytics features
Mark Grossman, the Managing Director of Menalto Advisors, recently highlighted Amber Semiconductor, Inc.’s technologies in a semiconductor industry report, noting that the company’s technology offers ‘higher reliability, dramatically smaller size, faster switching speeds, greater flexibility, and the ability to incorporate advanced digital control and analytics features and reduce false trips’.
