Exhibit 99.1 Smartkem Reports Second Quarter 2025 Financial Results Manchester, England – Tuesday, August 12, 2025 – Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, today provides a business update and reports its financial results for the three and six months ended June 30, 2025. Second quarter 2025 and recent highlights included: Second Quarter 2025 Financial Highlights: About Smartkem Smartkem is seeking to change the world of electr ...

MANCHESTER, England, Aug. 12, 2025 /PRNewswire/ -- Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, today provides a business update and reports its financial results for the three and six months ended June 30, 2025.Second quarter 2025 and recent highlights included: Introducing a 12.3-inch MicroLED Smart Backlight demonstration targeting next-generation automotive LCD displays. Signing a preliminary joint development agreement with Manz ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) SmartKem, Inc. (Exact name of registrant as specified in its charter) | Delaware | | 85-1083654 | | | --- | --- | --- | --- | | (State or other jurisdiction of | | (I.R.S. Employer | | | incorporation or organization) | | Identification Number) | | | Manchester Technology Centre, Hexagon Tower. | | | | | Delaunays Road, Blackley | | | | | Manchester, M9 8GQ U.K. | | | | | (Address of Principal Exec ...

Core Viewpoint - Smartkem has entered into a preliminary Joint Development Agreement (JDA) with Manz Asia to co-develop next-generation dielectric ink solutions for advanced packaging manufacturing, particularly for AI chip applications [1][2] Company Overview - Smartkem is focused on revolutionizing electronics with a new class of transistors using proprietary advanced semiconductor materials, specifically TRUFLEX® semiconductor polymers, which enable low-temperature printing processes [4][5] - The company has a strong intellectual property portfolio, including 140 granted patents across 17 families, 14 pending patents, and 40 codified trade secrets [6] Industry Context - The collaboration aims to address critical bottlenecks in advanced computer and AI chip packaging by combining Smartkem's semiconductor materials with Manz's precision inkjet technology [2] - The demand for AI computing is driving the need for advancements in 12" wafer-level packaging and large-area panel packaging, which could transform data center infrastructure [2] Joint Development Agreement Details - The JDA is focused on developing scalable, high-performance solutions that enhance manufacturing paradigms, aiming for higher yield and lower cost per packaged chip [2] - The agreement is preliminary and non-binding, with no assurance of a definitive agreement or project outcome [3] Manz Asia Overview - Manz Asia is a leading manufacturer of advanced semiconductor equipment, specializing in CoPoS technology for panel-level packaging [7][8] - The company provides comprehensive equipment solutions that enhance production efficiency and optimize process quality in semiconductor packaging [9]

Core Insights - Smartkem has received a UK patent for a new method of MicroLED display manufacturing, enhancing efficiency and sustainability in the production process [1][2] - The patented method allows for selective removal of MicroLEDs from a source wafer, significantly reducing material waste and production costs compared to traditional methods [2][3] - Smartkem's IP portfolio includes 140 granted patents across 17 families, indicating a strong position in the semiconductor materials market [2][6] Company Overview - Smartkem is focused on developing advanced transistor technology using proprietary semiconductor materials, aiming to revolutionize the electronics industry [4] - The company's TRUFLEX® semiconductor polymers enable low-temperature printing processes compatible with existing manufacturing infrastructure, targeting low-cost, high-performance displays [4] - Smartkem operates R&D facilities in Manchester, UK, and provides prototyping services at the Centre for Process Innovation in Sedgefield, UK [5] Manufacturing Process - The new MicroLED manufacturing method involves preparing a MicroLED wafer, applying an adhesion layer, and selectively transferring only necessary LEDs to a display substrate [2][3] - This approach allows the source wafer to be reused multiple times, leading to lower display costs compared to traditional monolithic methods [3]

Exhibit 99.1 PRESS RELEASE Smartkem Reports First Quarter 2025 Financial Results Manchester, England – Wednesday, May 14, 2025 – Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, today provides a business update and reports its financial results for the three months ended March 31, 2025. Smartkem Chairman and CEO, Ian Jenks, commented: "Progress toward commercialization continued in the first quarter of 2025. As previously announced, we c ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-42115 SmartKem, Inc. (Exact name of registrant as specified in its charter) | Part I | Financial Information ...

Core Insights - Smartkem is presenting advancements in organic thin-film transistor technology aimed at revolutionizing MicroLED displays [1] - The company is introducing the MiP4, a new package of MicroLEDs designed to enhance brightness and reduce production costs [3] - Smartkem's low temperature process for manufacturing liquid transistors is expected to improve yield and reduce defects in MicroLED displays [4] Company Overview - Smartkem develops a new class of transistors using proprietary advanced semiconductor materials, applicable in MicroLED, LCD, AMOLED displays, and AI chip packaging [2] - The company has a significant intellectual property portfolio with 138 granted patents and 16 pending patents [6] Product Innovations - The MiP4 is designed to replace MiniLED packages, offering higher brightness at lower power and compatibility with existing manufacturing equipment [3] - Smartkem's manufacturing process allows for direct application of liquid transistors onto MicroLEDs, enhancing commercial viability across various sectors [4] Research and Development - Smartkem operates R&D facilities in Manchester, UK, and provides prototyping services in Sedgefield, UK [5] - The company is developing commercial-scale production processes and Electronic Design Automation tools to validate its display technologies [5]

Core Insights - Smartkem has introduced the "MiP4," a package of four MicroLEDs utilizing its chip-first architecture and unique semiconductor materials, showcased at Touch Taiwan 2025 [1][2] - The MicroLED Smart Backlight is designed to enhance brightness and contrast in LCD screens, particularly for the automotive industry, which is projected to exceed 25 million units by 2030, each requiring over 500 MiP4s [2] Company Overview - Smartkem aims to innovate electronics with advanced transistors made from proprietary TRUFLEX® materials, applicable in MicroLED, LCD, AMOLED displays, and AI chip packaging [3][6] - The company has a robust intellectual property portfolio, including 138 granted patents and 16 pending patents, indicating strong innovation capabilities [7] Product Development - The MiP4 is intended to replace MiniLED packages in LCD backlights, offering higher brightness, lower power consumption, and reduced production costs while being compatible with existing MiniLED equipment [4] - Smartkem's low-temperature process allows liquid transistors to be applied directly onto MicroLEDs, potentially lowering manufacturing costs and improving yield across various sectors, including smartphones and automotive [5] Market Potential - The automotive display market represents a significant opportunity for Smartkem, with expectations of substantial growth in MicroLED applications [2][5] - The company is developing commercial-scale production processes and Electronic Design Automation (EDA) tools to validate the manufacturing viability of its display technologies [6]

Chairman and CEO Ian Jenks to Give Presentation on May 14th at the SID Business Conference MANCHESTER, England, April 14, 2025 /PRNewswire/ -- Smartkem (NASDAQ: SMTK), which is seeking to change the world of electronics with a new class of transistor technology, announced it will exhibit and its CEO will give a presentation at Display Week 2025 taking place at the San Jose McEnery Convention Center on May 11th – 16th, 2025. Attendees are invited to visit with company representatives during the event at Sma ...