May 24, 2023
The Copenhagen-based fabless semiconductor company, Lotus Microsystems, has expanded its Board of Directors with international leaders in the field from March 2023. The two new board members bring experience from leading positions, most recently at global market leaders Intel and Renesas.
“The semiconductor industry has grown to constitute unprecedented geopolitical importance. Lotus Microsystems has a technological edge, which positions them uniquely to strengthen the Danish and European footprint in the industry. The fact that we have been able to attract two of the most prominent leaders in the field to join the company’s Board of Directors is a testimony of the potential of Lotus Microsystems and a cause for celebration for the Danish semiconductor industry.”
Caspar Høgh, CEO of Lotus Microsystems
Lotus Microsystems was incorporated in 2020 by three Ph.D. graduates from the Technical University of Denmark (DTU). The research behind the technology started five years earlier and spanned across DTU, Harvard University, Fraunhofer, and IMEC. The company has received financial backing from Danish and European support schemes, in addition to investments primarily led by deep-tech venture firm Noon Ventures. Through a partnership with leading global semiconductor facilities, Lotus Microsystems offers next-generation miniature power converters with the best-in-class power density and superior thermal performance.
Profiles of the new members of the board:
“Lotus has developed the next level of underlying power technology enabling unprecedented power densities and superior thermal management. This unique technology brings these values to a wide breadth of applications, from mobile power up to powering high-end processors for demanding artificial intelligence. I am very pleased to join this talented team on their journey to bring this breakthrough to the market.”
Ashraf Lotfi, Member of the Board of Directors
“TheLotus Microsystems team impressed me with their patented Power Interposer Technology. This focus on 3D chip products will give great market opportunities to reduce the size by 70% and resolve heat challenges in power convertor applications.”
Arend van der Weijden, Member of the Board of Directors
“The experience, competence, and drive Ashraf and Arend both bring to Lotus are second to none and will contribute significantly to the growth and future development of the company.”
Arve Johan Andresen, Chairman of the Board of Directors