Validation of a critical manufacturing stage brings Adisyn closer to commercialising next-generation semiconductor interconnects

Adisyn Ltd (ASX: AI1) has reached an important technical milestone in the development of its graphene-based semiconductor technology, ticking off a crucial early step on the path toward commercial deployment. Through its IP subsidiary, 2D Generation (2DG), the company has successfully validated a key pre-cleaning process used ahead of graphene deposition on semiconductor wafers – a foundational requirement for producing high-quality graphene interconnects.

Graphene has long been viewed as a potential game-changer for the semiconductor industry due to its superior electrical performance at nanoscale dimensions. Adisyn’s technology is focused on using graphene to form the ultra-fine interconnects that link individual transistors inside advanced computer chips. The recent validation confirms that wafer surfaces can now be prepared with the level of uniformity required for precise graphene deposition, helping reduce contamination and variability – both of which directly impact chip performance and manufacturing yields.

With this pre-cleaning step now proven, 2DG is progressing into the next major phase: actual graphene deposition trials. Over the coming months, multiple carbon-based precursor materials will be tested to determine which delivers the best balance of electrical conductivity, consistency, and manufacturability. Process optimisation and film quality characterisation will run in parallel, with initial technical results expected in early 2026. Regular development updates are anticipated as this work advances.

From a valuation perspective, Pitt Street Research has reaffirmed its Sum-of-the-Parts valuation of A$0.29 per share, materially above the prevailing share price at the time of the update. The bulk of this value is attributed to the 2D Generation business, with additional contribution from Adisyn’s legacy services division. The key medium-term commercial inflection point remains the delivery of a demo prototype of graphene interconnects targeted for 2026, alongside potential new industry collaborations and progress within global semiconductor research programs.

As with all early-stage technology companies, execution and funding remain central risks, alongside competitive and technical challenges inherent in advanced semiconductor development. However, the successful validation of this early manufacturing stage represents tangible progress on a complex roadmap – and places Adisyn in a stronger position as it works toward demonstrating scalable graphene integration in chip manufacturing.

For the full valuation model, development roadmap, catalysts, and key risks, download the complete Adisyn research report.