Vision Statement

Sun on Solar Panels

“Use energy efficiently, and where it is not used efficiently, create
technologies and products to produce it correctly and inexpensively.”
  • Krassy Petkov, Inventor and Chief Executive Officer, Milara, Inc.

Krassy

CEO Krassy Petkov

In 2001, with the purchase of Milara, CEO Krassy Petkov concerned
himself not only with the traditional surface mount technology (SMT) and
semiconductor industry products, but also with the development of
technologies and products that will provide enormous benefit to all of
mankind in the future. Nowhere did Mr. Petkov see a greater need than in
the area of alternative energy and the greatest prospect for an
infinite energy source – solar energy.

Mr. Petkov and his team maintain that the enormous expense associated
with solar panels can be mitigated by a reduction in the cost to produce
the substrate, coupled with more powerful and less expensive
photovoltaics produced using Milara semiconductor technology and
equipment. The result will help make solar power competitive with
nuclear, oil and coal at a time when demands for energy are soaring and
these traditional energy resources are unable to satiate an
energy-hungry world.

Silicon

How
will we do this? Let’s first go back to basics and understand what is
necessary to make energy less expensive. Let’s look first at what the
earth has for resources. The second most abundant resource in the
earth’s crust is silicon, or silicium. Due to its abundance, we have no
choice but to continue using silicium going forward. Today the
production of solar panels requires that the substrate is produced using
techniques that require an enormous amount of energy to produce the
pure silicium - .9999999 percent of purification. Expensive processes
create mono-crystals which in turn grow up into ingots which must be cut
and polished, wasting half the material produced.

photovoltaic cells

There
are newer technologies that exist today, and these technologies have
been developed nearby Milara in Massachusetts. Unfortunately the company
that pioneered them relocated to China, requiring U.S. companies to
continue manufacturing substrate the old expensive way. And if we cannot
find a way to make the substrate 50% less expensive, then the next step
is to develop technologies to make the rest of the layers of
photovoltaic cells inexpensively. If we accomplish this, and reduce the
price of solar panels down sufficiently, the panels will be competitive
with other energy sources. And if this happens it will be a
game-changing event for energy producers.

solar battery

Milara
plans to develop the next technology and equipment required to build an
inexpensive solar battery by combining both technologies. We are not in
the business of making the substrate, but we are in the
business of making everything else related to the substrate, and when we
combine both things we will mass produce something which the human race
has never seen before.

Mr. Petkov’s vision has much of its basis in the semiconductor
industry, where he was exposed early on to Moore’s law which states that
the number of transistors that can be placed inexpensively on an
integrated circuit doubles approximately every two years. The industry
has validated Moore’s law for the last 50 years, but by all accounts the
rate of exponential improvement is slowing, and some industry pundits
predict that the law will become obsolete within the next five to ten
years.

Whether in fact this happens or not, no one disputes that the real
estate on a semiconductor substrate today has become very crowded. A
technology exists that allows the crowding of the real estate, but the
problem with this technoogy is, again, its price. Milara believes we can
use a simple method such as printing to achieve the same yield, or even
a slightly lower yield, as the more expensive technology achieves
today.

We predict this less expensive alternative will be welcomed by the
industry, avoiding a multi-billion dollar investment to meet the demands
of the semiconductor industry. And our precision equipment will meet
that demand. We plan to produce the semiconductor components spending
less energy, spending less resources and spending less money.

Skilled Engineers

Milara’s
highly skilled engineers in the fields of mechanical, electrical,
software and system integration have already helped pioneer flip chip
connections on IC chips by implementing our innovative printing
technology. We expect Nano and 3D IC technologies to exponentially
increase the performance and capabilities of silicon wafers at a lower
cost.

Vision

One
of the most important things we recognized many years ago is that in
order to be in the semiconductor business you have to own the tools that
are creating the products. And second, in order to maintain the quality
of your products, you have to be involved in the quality control of
your vendors. It is the only way to consistently make a quality product.
It is also necessary to own the tools and be responsible for all the
parts.

It's what Milara is all about - Milara is a high technology company
focused on a better future for the human race. We intend to work with
other companies to make quality solar panels inexpensively. We will
combine our knowledge with our expertise in the semiconductor industry
to produce high quality, low cost solar panels. This is our vision and
how we think we will contribute to the betterment of mankind.