Singulus has established a fully-owned subsidiary for the growth market magnetic storage, MRAM and semi-conductor technology. The new 100 % subsidiary of the Singulus Technologies AG is called 'Singulus Nano Deposition Technologies GmbH' and located in Kahl. Managing Directors are the present division manager, Dr. Wolfram Maass, as well as the CEO of the parent company, Stefan A. Baustert.
All of SINGULUS' activities for this particularly sophisticated target market have already been combined under the name of 'Nano Deposition Technologies'. Following the break-through of the newly offered machine concept, the next logical strategic step was the focusing. With the Singulus Nano Deposition Technologies GmbH Singulus intends to benefit even more from the growing volumes in these specialized markets.