American Semiconductor offers silicon foundry services, providing services that range from design to custom wafer fabrication. The company uses its Flexfet process to produce wafers that are ultra low power and radiation tolerant. Its Multi-Project Wafer (MPW) program gives more customers access to Flexfet technology by combining multiple designs on a single wafer lot, making prototypes more cost-effective. The firm also performs research in semiconductor materials for the US Department of Defense and other government agencies, providing analytical services on chips and chip-making processes. American Semi was founded in 2001 and is owned by CEO Doug Hackler.