Smoltek Nanotech Holding AB has announced the initiation of a bidding process for the potential sale of assets or entire subsidiaries within the semiconductor and hydrogen business areas. The company aims to solicit bids for concepts and intangible assets related to ultra-thin capacitors in the semiconductor business area and cell material for electrolyzers in the hydrogen business area. This process, estimated to take 6-12 months, seeks to realize the significant value generated in these subsidiaries and create financial substance for future investments and new business areas. Smoltek's strategic focus includes commercialization with financing from partners, emphasizing the importance of establishing new partnerships. Although negotiations with Yageo Group for ultra-thin capacitors unexpectedly ended, Smoltek now has the opportunity to offer license agreements or assets for acquisition. The company also plans to secure agreements with commercial or financial partners for its cell material for electrolyzers in 2024. Recent milestones include advancements in CNF-MIM technology for capacitors and successful test results for cell materials in PEM electrolyzers. The positive developments in both business areas make Smoltek an attractive prospect for potential partners to create innovative products and revenue streams, benefitting both the company and its shareholders.