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 izmo Microsystems (izmomicro), the semiconductor division of izmo, today announced a Memorandum of Understanding (MoU) with CCRAFT SA, a Swiss thin-film lithium niobate (TFLN) photonic chip foundry, and Alcyon Photonics SL, a Madrid-based leader in integrated photonics IP design. The tri-party collaboration establishes a framework for jointly designing, producing, and commercialising advanced photonic integrated circuit (PIC) solutions for the datacom, telecom, aerospace, and sensor markets.

The partnership unites three specialised entities across the photonics value chain. CCRAFT, spun out of CSEM (the Swiss Centre for Electronics and Microtechnology), operates an ISO certified 150 mm wafer foundry and is among a select few companies globally manufacturing TFLN photonic chips at scale ? enabling electro-optic modulators exceeding 400 Gbit/s. Alcyon Photonics delivers validated, fabrication-ready photonic IP designs with proven architecture libraries, accelerating the path from prototype to volume production.

izmomicro brings to the collaboration its advanced semiconductor packaging and co packaged optics capabilities ? the essential ?last mile? of photonics commercialisation. The company recently achieved a significant breakthrough in silicon photonics packaging, becoming the first Indian company to demonstrate end-to-end silicon photonics packaging capability spanning design, simulation, optical alignment, fibre-attach, hermetic sealing, and full system-level testing. Operating from a Class 1000 cleanroom in Bangalore with 3D die stacking, flip-chip assembly, fine-pitch wire bonding, and co-packaged optics capabilities, izmomicro's packaging infrastructure is critical for translating photonic chip designs into production-ready systems ? a capability in high demand globally but scarce, positioning India as a credible participant in the global silicon photonics supply chain.

Under the MoU, the three companies will collaborate on delivering Alcyon's photonic IP libraries to customers, joint design and production of photonic systems, and commercialisation of jointly developed solutions. izmomicro has been designated as a preferred packaging partner and will provide design guidelines to optimise photonic integrated circuits for advanced packaging from the outset.

The partnership positions izmomicro within Europe's advanced photonics ecosystem, where the European Chips Act has made photonics a strategic priority. By partnering with CCRAFT in Switzerland and Alcyon in Spain, izmomicro establishes an India-Europe technology bridge combining India's semiconductor packaging infrastructure with Europe's chip design and foundry leadership ? the model envisioned under India's Aatmanirbhar Bharat semiconductor initiative.

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The collaboration targets applications in data communications, telecommunications, aerospace and sensor systems.

The partnership integrates capabilities across the photonics value chain with CCRAFT providing thin-film lithium niobate photonic chip fabrication, Alcyon contributing fabrication-ready photonic IP design, and izmomicro delivering advanced semiconductor packaging and co-packaged optics integration.

Under the arrangement, izmomicro will act as a preferred packaging partner and support design optimisation for packaging from the initial development stage.

The collaboration positions izmomicrowithin the global silicon photonics ecosystem and strengthens its capabilities in advanced semiconductor packaging, which is an increasingly critical component in scaling high-speed optical interconnects used in data centres and next-generation communication networks,? izmo said in a statement.

izmomicro is the advanced semiconductor packaging subsidiary of izmo. The company?s services include SiP, IC packaging, silicon photonics, RF & microwave assembly, co-packaged optics, and high-reliability packaging.

izmo is a global provider of automotive digital retail solutions. It operates three synergistic divisions ? izmomicro, which offers semiconductor packaging and design solutions; izmocars, which delivers automotive content, digital retail platforms, and virtual reality; and FrogData, which provides AI-driven analytics and decision-making tools for automotive dealerships.

The company's consolidated net profit jumped 93.07% to Rs 11.70 crore on a 0.75% increase in revenue to Rs 59.11 crore in Q3 FY26 as compared with Q3 FY25.

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Shares of izmo were locked in 5% upper circuit at Rs 709.40 after the company announced that its semiconductor subsidiary izmo Microsystems has made an entry into India?s defence electronics value chain, positioning itself as a provider of advanced semiconductor packaging solutions for mission-critical defence systems.

The company?s technology capabilities are aimed at supporting high-reliability electronics used in radar and sensing platforms, RF and microwave modules for electronic warfare and communications, avionics for airborne platforms, and electronics used in precision-guided systems.

The initiative leverages izmomicro?s advanced semiconductor packaging capabilities, including silicon photonics integration, RF and microwave packaging, and hermetic packaging designed for aerospace and defence environments.

By targeting high-complexity defence electronics where domestic capability remains limited, the company aims to participate in India?s growing push for indigenous defence manufacturing and localisation of critical semiconductor technologies.

izmo is a global provider of automotive digital retail solutions. It operates three synergistic divisions ? izmomicro, which offers semiconductor packaging and design solutions; izmocars, which delivers automotive content, digital retail platforms, and virtual reality; and FrogData, which provides AI-driven analytics and decision-making tools for automotive dealerships.

The company's consolidated net profit jumped 93.07% to Rs 11.70 crore on a 0.75% increase in revenue to Rs 59.11 crore in Q3 FY26 as compared with Q3 FY25.

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Net profit of IZMO rose 93.07% to Rs 11.70 crore in the quarter ended December 2025 as against Rs 6.06 crore during the previous quarter ended December 2024. Sales rose 0.75% to Rs 59.11 crore in the quarter ended December 2025 as against Rs 58.67 crore during the previous quarter ended December 2024.

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