Microelectronics testing equipment startup Omega Test Technologies is launching its business in the Helsinki region. Initially, it works in technology collaboration with the Russian Sovtest group of companies but will develop and manufacture its products independently for the European, North American and Asian markets.
An engineer at heart, Theodore Krekoten takes great joy in bringing about new technological solutions. He is the co-founder and co-owner of the brand-new startup Omega Test Technologies. He is also the co-owner of Sovtest Micro, a microelectronics test equipment company located near Moscow and a branch of the larger Sovtest ATE, which was one of the first privately-owned companies in post-Soviet Russia launched with foreign, i.e. British, capital partnership. Sovtest ATE is now the leader in semiconductor test technologies in Russia and the CIS countries.
“After 27 years in the business, Sovtest has accumulated lots of experience and expertise and is ready to share it. We wanted to transfer our technology to Finland to further develop it and introduce it to the Western and Asian markets,” Krekoten explains.
This plan has now turned into Omega Test Technologies. Theodore Krekoten launched the business in Finland with a Finnish partner and co-owner Janne Jussila, who also has a long history in the semiconductor industry. Sovtest initially transfers its technology to Omega Test Technologies and the companies will continue their partnership but Omega Test Technologies is owned entirely by private individuals.
To the international market with products made in Finland
The products of Omega Test Technologies test microchips used in electronics. These tiny intelligent devices are everywhere: in passports, phones, household appliances, airplanes – our world can hardly be imagined without microelectronics. One piece of electronics can contain hundreds or thousands of chips and each of these chips needs to be tested, as some percent of them are always defective. And in the worst case, defective chips can cost lives.
“Technology is always imperfect; there’s hardly anything perfect in the world. But the end-product needs to be as close to perfection as possible, so testing is essential to ensure the quality of microchips,” says Krekoten.