Atomera raises Q4 2023 revenue forecast to $500,000 after reaching second milestone under first commercial license

Atomera Inc

Atomera expects Q4 2023 revenues of approximately $500,000, up from prior guidance of $300,000 to $350,000.
Second revenue milestone triggered by customer acceptance of MST process after validating film deposition on an Epi tool.
First commercial licensee independently validated MST film quality weeks after receiving the recipe, speeding development toward mass production and royalties.
CEO Scott Bibaud stated the customer can now manufacture wafers with MST on their own, shortening time to royalties.

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