Preciseley

Preciseley Microtechnology Corporation (PMC) is a fabless semiconductor company specializing in the design and supply of micro-electromechanical systems (MEMS) based products. Founded in 2006 by Dr. Tiansheng Zhou, the company initially focused on providing custom optic MEMS chip design and development services for the optical communications sector. Dr. Zhou, who serves as the company's founder, advisor, and board director, leveraged his extensive background in MEMS, nanotechnology, and photonics from his work at companies like Micralyne and JDS Uniphase to establish the firm. Over time, the company transitioned from a consulting firm to a global supplier of optical MEMS chips.

The company operates on a fabless business model, concentrating its resources on in-house design expertise and intellectual property, while partnering with global foundries for MEMS manufacturing and integration. This strategy allows PMC to serve a diverse client base that requires solutions for demanding applications in high-growth markets. Key markets include 5G telecommunications infrastructure, data center networks, automotive systems such as LiDAR and in-cabin monitoring, and intelligent sensing applications like machine vision and AR/VR. Revenue is generated through the sale of its MEMS products and providing technical consulting and design services.

Preciseley's product portfolio includes MEMS tilting mirrors, scanning mirrors, piston mirrors, and optical shutters, which are crucial components for laser beam steering, switching, and manipulation. These products are used in variable optical attenuators, optical switches, and wavelength selective switches. The company has received significant strategic investments to fuel its growth, including a partnership with ACE Equity Partners and BDC Capital in 2020. In late 2021, Hankook & Company and Hankook Tire & Technology made a substantial investment, becoming a major shareholder to strengthen PMC's expansion into the automotive ADAS and autonomous driving markets.

Keywords: MEMS, micro-electromechanical systems, optical MEMS, fabless semiconductor, micromirrors, optical networking, LiDAR, autonomous driving, 5G infrastructure, data centers, ADAS, intelligent sensing, machine vision, augmented reality, virtual reality, optical components, beam steering, optical shutters, Tiansheng Zhou, wavelength selective switches