SmartKem recaps 2024 achievements, sets 2025 goals; raised $7.65M in December

SmartKem, Inc.

Raised $7.65M in December 2024; awarded $1.1M grant with AUO for rollable transparent microLED display.
Entered six strategic partnerships with AUO, FlexiIC, ITRI, Chip Foundation, Shanghai Tianma, and RiTdisplay.
Expanded IP to 138 patents and 40 trade secrets; uplisted to Nasdaq, boosting liquidity.
2025 goals: ship materials to Chip Foundation, sign JDA for chip-first microLED, qualify ITRI Gen 2.5 line.
Management projects microLED industry growth from $150M in 2024 to over $4B by 2031.

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