AKHAN evolves and advances its Miraj diamond technology

AKHAN, a technology company specializing in lab-grown electronic-grade diamond materials, announced the closing of a $20 million fundraising round from financial partners, including long-time investors and prominent family offices.

In addition to the funding round, AKHAN also announced the hiring of Craig Mitchell CEO and John Thode as COO/President. With decades of leadership experience in technology and supply chain development, manufacturing operations and intellectual property licensing, the two leaders will be critical to AKHAN as it commercializes its Miraj Diamond technology.

“I’m excited to join the AKHAN team at this time,” said Mitchell, former president of Invensas and general manager of the semiconductor IP business at Xperi, a leading consumer solutions licensing and software company. entertainment. “I was very impressed with AKHAN’s Miraj Diamond technology and the substantial value it immediately brings to huge, important markets, as well as the advanced status of engagements with key customers. I know from over 30 years of direct technology development and licensing experience that this type of game-changing technology is rare and very special.

With a focus on diamond display glass for consumer, automotive defense and industrial applications, Mitchell and Thode will oversee AKHAN’s strategic growth and capital investments. The Gurnee, Illinois facility, dubbed “Diamond Mine 1,” will be expanded to enhance AKHAN’s development and manufacturing capabilities to bring commercial products to market, including its unprecedented Miraj Diamond Glass. Due to the inherent properties of diamond, AKHAN’s Miraj Diamond Glass has been proven to be six times stronger, 10 times harder, and over 800 times cooler than leading competitor glass.

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