FOLLOW ON INVESTMENT – Ultratech Capital Partners has completed a follow on investment in Stathera, a Montreal, Canada based company, developing highly transformative timing solution for semiconductors that offers increased precision and communication across wireless devices.

Damian Perl, the Founder and General Partner of Ultratech said “Stathera, led by George and his team, are well underway with executing their commercial growth plan. Their breakthrough product allows significantly greater efficiency in many types of devices, with very significant potential, and we continue to support their excellent work”.