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IZMO surges as its semiconductor division signs MoU with CCRAFT SA

The tri-party collaboration establishes a framework for jointly designing, producing, and commercialising advanced PIC solutions

IZMO is currently trading at Rs. 733.00, up by 23.35 points or 3.29% from its previous closing of Rs. 709.65 on the BSE.

The scrip opened at Rs. 704.00 and has touched a high and low of Rs. 740.00 and Rs. 674.20 respectively. So far 5499 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1380.00 on 29-Sep-2025 and a 52 week low of Rs. 260.80 on 11-Apr-2025.

Last one week high and low of the scrip stood at Rs. 782.05 and Rs. 641.90 respectively. The current market cap of the company is Rs. 1096.76 crore.

The promoters holding in the company stood at 34.81%, while Institutions and Non-Institutions held 3.77% and 61.42% respectively.

IZMO’s semiconductor division -- izmo Microsystems has entered into Memorandum of Understanding (MoU) with CCRAFT SA, a Swiss thin-film lithium niobate (TFLN) photonic chip foundry, and Alcyon Photonics SL, a Madrid-based leader in integrated photonics IP design. The tri-party collaboration establishes a framework for jointly designing, producing, and commercialising advanced photonic integrated circuit (PIC) solutions for the datacom, telecom, aerospace, and sensor markets.

The partnership unites three specialised entities across the photonics value chain. CCRAFT, spun out of CSEM (the Swiss Centre for Electronics and Microtechnology), operates an ISO-certified 150 mm wafer foundry and is among a select few companies globally manufacturing TFLN photonic chips at scale--enabling electro-optic modulators exceeding 400 Gbit/s. Alcyon Photonics delivers validated, fabrication-ready photonic IP designs with proven architecture libraries, accelerating the path from prototype to volume production.

Under the MoU, the three companies will collaborate on delivering Alcyon’s photonic IP libraries to customers, joint design and production of photonic systems, and commercialisation of jointly developed solutions. izmomicro has been designated as a preferred packaging partner and will provide design guidelines to optimise photonic integrated circuits for advanced packaging from the outset.

IZMO is the world leader in interactive marketing solutions. The company offers hi-tech automotive e-retailing solutions in North America, Europe, and Asia.