Nitride Solutions is a growth-stage company developing high volume, low cost processes to produce nitride substrates and nitride coatings. NSI's substrates are enabling UV light-emitting devices, high-voltage electronics and high-speed communications chips, while its coatings provide step-change improvement in thermal management and semiconductor processes. Substrates are the foundation material on which electronic devices such as Light Emitting Diodes (LEDs), laser diodes and power electronics chips are manufactured. Aluminum nitride is a ceramic material that has two main advantages in electronics: wide bandgap and high thermal conductivity. The bandgap of aluminum nitride makes it the best material to use for deep UV devices, while the high thermal conductivity conducts heat away from the device, allowing higher power operation without premature failure. Aluminum Nitride Substrates will enable new markets in LEDs, laser diodes, high-voltage electronics and high-speed communications chips. The Companyâs first product focus is aluminum nitride, but production of gallium nitride and ternary nitrides may also be possible. The wide availability of low-cost, high-quality aluminum nitride substrates will enable four new classes of electronic devices: Deep UV LEDs for water and air purification, non-line of sight communications and non-invasive medical diagnostics; Deep UV laser diodes for advanced data storage devices and medical treatment products; High-voltage power switches for more stable and robust power transmission; Power management devices for Hybrid and Electric vehicles.