Each of the niches named above has present sales -- for cooling
and thermal management -- in excess of $1 billion yearly.
Borealis is contractually committed to exclusively licensing a given market
niche to only one company, so that company retains worldwide exclusive
rights to apply Cool Chips™ to their market. The company would have the
right to sub-license the technology in turn.
In turn, that company will be supplied by a manufacturer. Since Cool Chips
are designed to be compatible with existing semiconductor processes, the
manufacturer is likely to be a major semiconductor company.
The manufacturer ships Cool Chips (either packaged or unpackaged) to the
licensee for a given niche. That licensee then completes the packaging and
integration necessary to fold the Cool Chip component into the product,
which is then sold into the marketplace.
In this way, every company is involved by doing what they already do best --
the manufacturer manufactures chips. The licensees assemble and sell product
from delivered components.
At the same time, each licensee has an exclusive niche, and cannot, by
definition, compete with any of the other companies in the Club. That
means that sharing information within the Club presents no competitive
Borealis' role in the process is as a facilitator, to ensure that
information flow remains for all the niches, and that intellectual
property is shared between all the licensees, so that each can benefit
from the pooled research efforts of the entire Club.