Component obsolescence is an escalating challenge with a massive hidden cost to the U.S. economy. Based on conservative estimates, the combined impact of last-time buys, lost revenue, and forced product redesign amounts to nearly $20 billion annually across critical industries. This burden touches every sector dependent on long-life electronic systems, from aerospace and defense to […]
June 10, 2025 — Austin, TX — Phoenix Semiconductor, disrupting traditional legacy semiconductor solutions, today announced the successful closure of a $5.5 million seed funding round led by J2 Ventures and RTX Ventures, including follow-on investments from IronGate Capital Advisors and Lockheed Martin Ventures. Phoenix has pioneered a new process for recreating legacy chips that […]
New Solution to Address Microelectronics Supply Chain Problems Austin, Texas–OCTOBER 15, 2024 — Phoenix Semiconductor, dedicated to providing legacy semiconductors at scale, is pleased to announce that it has received a strategic investment from Lockheed Martin Ventures, the venture arm of Lockheed Martin (NYSE:LMT), a global leader in defense and aerospace technology, to solve challenges […]
