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Aspinity Welcomes Semiconductor Industry Veteran Richard Hegberg as CEOAspinity, the leader in always-on processing and computation at near-zero power, announced today that is has appointed semiconductor industry leader Richard Hegberg as Chief Executive Officer. Mr. Hegberg will drive Aspinity's next phase of growth as its industry-leading AML100 processor enters volume production. Mr. Hegberg joins Aspinity with strong leadership and management experience, and a proven track record of guiding companies through significant transition and growth periods. Most recently, he was the CEO at Vesper Mems, where he helped lead the company to a successful acquisition. He also served in various executive positions at NetApp, SanDisk, Qualcomm, Atheros, Numonyx, AMD, and ATI Technologies. "It has become clear to me that Aspinity's technology and IP portfolio delivers unique sensing capabilities at near-zero power, utilizing the analog ML processor. The company has demonstrated this value in a variety of proof of concepts across automotive, dash cam, IOT, security, and data center applications," said Mr. Hegberg. "Aspinity has invented a foundational all-analog neural processing core (RAMP™) that is transforming how real-world data is processed. In addition, the core's all-analog neural accelerator, which can deliver industry-leading performance and efficiency, will be an invaluable IP core for many companies looking to build neural processors for AI applications. I look forward to helping the company scale while driving commercial success." Aspinity's technology is providing transformational advantages for "always-on at near-zero power" applications specific to the automotive sensing, dash cam, Industrial IOT and Edge AI applications. In the automotive industry the company has demonstrated the ability to distinguish critical security and condition-monitoring events, such as damage, collisions, and glass break from hundreds of disturber events - all while consuming less than 20 microamps of supply current. For automotive dash cams and surveillance systems, Aspinity's technology will allow next-generation AI-driven dash cams to operate in an always-on, parked surveillance mode while consuming near-zero system power. Aspinity Co-founder Tom Doyle, who served as Aspinity's CEO for the last 7 years, will continue to support the company's growth as a board member and take on the role of Chief Operating Officer. "Richard Hegberg's track record in elevating companies with unique breakthrough technologies to billion-dollar revenues was a decisive factor in his selection," said Tom Doyle. "With his leadership, Aspinity is poised for significant growth in product development and IP, cementing its position as a leader in all-analog ML/AI processing."
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