The firm originally having been an initiative of SRI International, a global contract research and development institution and a team of Silicon Valley entrepreneurs - the heart of the Averatek process was invented and patented by scientists at SRI. With SRI continuing to be a major shareholder in Averatek, the young firm is developing and licenses advanced manufacturing processes for a variety of electronic products including - very high density printed circuit boards, semiconductor packaging and RF and millimeter wave passive components. Additionally, Averatek develops and sells the key chemistry that enables these advanced manufacturing processes.