2015

Foundation

• Company established in 2015 after 2 years of preparation based on research achievements from SNU SSD Architecture Lab since 2006
• ~10 employees

2016

POC
(Proof of Concept)

• Introduced the first POC at FMS 2016
• Achieved industry- leading performance and proven architectural excellence
• Intel invited FADU for test and acknowledged for excellence
• ~20 employees

2017

Development
of 1ST Gen
(PCIe Gen3)

2018

Commerc
ialization
of the
1st Gen

• Successful development of 1st Gen
• Debut of controller and SSD sample at FMS 2018 (Award ‘Most innovative SSD controller’))
• Started marketing/sales
• ~40 employees

2019

2020

Development of
2nd Gen
(PCIe Gen4)

• 2020. BEST OF Show Award –Most innovative Flash Memory Startup @FMS 2020
• Developed SSD final product for commercialization
• Set up validation/production/quality/sales team
• Successfully passed the US big tech’s thorough qualification process over 2 years
• ~70 employees

2021

Commerc
ialization
of the
2nd Gen

1st
Customer
Qual.

• Start MP(Mass Production)
• Successfully passed customer qualification / MP process by multiple US big tech companies
• Started MP and revenue generation from 4Q 2021
• ~130 employees

2022

Development
of 3rd Gen
(PCIe Gen5)

Customer
Qual. for
2nd Gen

• MP of 2nd Gen

2023

Commerc
ialization
of the
3rd Gen

Qual. for
3rd Gen

• MP of 3rd Gen
• Accelerating commercialization(MP of 3rd Gen from late ‘23)
• Expecting scale-up with multiple customers from ‘24
• ~230 employees