Emtar Technologies Receives “Semiconductor Achievement Award: Startup of the Year” at CHIPS NORTH Executive Summit

VANCOUVER, British Columbia--(BUSINESS WIRE)--May 28, 2026--

Emtar Technologies Inc., a Canadian semiconductor company developing next-generation wireless SoCs and RF front-end solutions for satellite communications and non-terrestrial networks, today announced it has received the “Semiconductor Achievement Award: Startup of the Year” at the CHIPS NORTH Executive Summit, hosted by Canada’s Semiconductor Council.

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The award recognizes emerging semiconductor companies demonstrating technological innovation, strong execution, and meaningful contributions to Canada’s semiconductor ecosystem and next-generation communications infrastructure.

Emtar is developing highly integrated beamforming SoCs and front-end IC solutions for satellite user terminals across LEO, MEO, and GEO networks. Its architecture is optimized for low SWaP-C deployments, fast beam tracking, and power-efficient connectivity for next-generation broadband and NTN infrastructure.

The award was presented by Chris Smith, Board Member of Canada’s Semiconductor Council and Corporate Vice President and Head of the Toronto Markham Design Centre at AMD, who introduced Emtar Technologies and recognized the company’s role among Canada’s emerging semiconductor innovators.

“Canada continues to produce a new generation of semiconductor companies addressing globally important challenges in communications, computing, and advanced infrastructure,” said Chris Smith. “Emtar’s work in satellite connectivity and non-terrestrial networking reflects the depth of innovation emerging from Canada’s semiconductor ecosystem.”

“We are deeply honored to receive this recognition from Canada’s Semiconductor Council,” said Dr. Min-Yu (Alvis) Huang, Founder and CEO of Emtar Technologies. “This award reflects the dedication, technical excellence, and resilience of the entire Emtar team across IC design, system engineering, business development, marketing, ecosystem engagement, and commercialization. Our progress is the result of a cross-functional team working together to turn advanced semiconductor technology into scalable connectivity solutions.”

“Emtar was founded with a clear mission: to build high-performance semiconductor platforms that enable the next generation of global connectivity,” added Dr. Huang. “Our future is focused on execution, partnerships, and scale. This recognition is an important milestone for our company, but most importantly, it belongs to the team whose commitment, creativity, and hard work are building Emtar’s future.”

As demand accelerates for satellite broadband, resilient communications infrastructure, and ubiquitous global connectivity, semiconductor platforms optimized for NTN architectures are becoming increasingly important to the future of wireless communications. Emtar is advancing its platform to address these needs through highly integrated, power-efficient, and scalable solutions designed for next-generation satellite networks.

The CHIPS NORTH Executive Summit brought together leaders from industry, academia, and government to discuss the future of semiconductors, AI systems, photonics, advanced wireless infrastructure, robotics, and quantum technologies in Canada.

About Emtar Technologies

Emtar Technologies Inc. develops highly integrated wireless SoCs and RF front-end solutions for satellite communications and non-terrestrial networks, with scalable architectures for next-generation connectivity across LEO, MEO, and GEO deployments.

Chris Smith (left) presents the “Startup of the Year” award to Emtar Technologies Founder and CEO Dr. Min-Yu (Alvis) Huang.

BRUSSELS (AP) — Hungarian Prime Minister Péter Magyar will meet Friday for the first time since taking office with European Commission President Ursula von der Leyen in Brussels in a bid to unlock billions of euros frozen over the democratic backsliding of his predecessor.

Partly by campaigning on forging stronger ties with the European Union, Magyar's earthquake success in the April election ended the 16-year rule of Viktor Orbán, who had vilified von der Leyen and other powerbrokers in the 27-nation bloc as he hollowed out institutional checks and balances in Hungary.

Those actions, and concerns over corruption and the erosion of judicial independence under Orbán, prompted the bloc to freeze the billions in funding to Budapest in 2022. A year later, the commission found that the government had carried out sufficient reforms to have around 10.2 billion euros ($12.1 billion) released.

After Magyar's party Tisza won a super-majority in parliament, which will enable deep and quick reforms, leaders in both Brussels and Budapest prioritized releasing the funds as soon as possible to help Hungary's slumped economy.

The funds are split between 10 billion euros of COVID recovery funds and 6.3 billion euros in the cohesion funds designed to lift up struggling economics within the EU. The teams from Brussels and Budapest are working to first unlock the COVID funds because they are set to expire in August.

Magyar has said his government is carrying out the crucial changes like restoring judicial independence, academic and media freedom, and launching broad anti-corruption efforts in order to get access to the money.

He's struck an optimistic tone when speaking about reaching an agreement in Brussels. In a social media post on Friday, he wrote he would soon meet with von der Leyen, where “we will reach a political agreement on the hundreds of billions of (Hungarian) forints in EU funding allocated to our country.”

Spike reported from Budapest.

Hungary's Prime Minister Peter Magyar poses as he meets with Belgium's Prime Minister Bart De Wever in Brussels, Thursday, May 28, 2026. (AP Photo/Marius Burgelman)