Swave Photonics Names Derek Jensen as CFO and Head of Corporate Development
Hire marks growth and progress for the company as it secures additional funding and continues development of its groundbreaking display technology
LEUVEN, Belgium & SILICON VALLEY — January 3, 2025 — Swave Photonics, the true holographic display company, today announced the appointment of Derek Jensen as CFO and Head of Corporate Development.
Jensen brings deep experience in financial operations, corporate development, and key technology sectors like Augmented Reality (AR), smart devices, and semiconductors. He was most recently the Chief Financial Officer of SK Growth Opportunities Corp., where he also served as a board member, leading a multi-billion-dollar merger that facilitated a new public NASDAQ listing, showcasing his expertise to drive Swave’s financial and strategic growth. Prior roles included Vice President of Corporate Development positions at SK hynix, Magic Leap, GlobalFoundries, and Xperi, in addition to over a decade in semiconductor-focused technology investment banking.
Jensen’s exceptional blend of semiconductor manufacturing, augmented reality, finance, and intellectual property experience makes him an ideal leader for Swave’s next stage of growth. In his new role, he will report directly to CEO Mike Noonen and oversee finance, fundraising, and corporate development efforts.
“Swave is building breakthrough technology that will accelerate the adoption of smartglasses and other emerging spatial computing form factors,” said Derek Jensen. “I’m proud to join a team that’s pushing the boundaries of what semiconductor, holographic and AI technologies can do to deliver more reality-first user experiences.”
“Derek’s invaluable expertise in finance, technology, and operational rigor arrives at a pivotal moment for Swave,” said Mike Noonen, CEO of Swave. “His leadership will be a driving force in helping us maximize our opportunity in this new era of spatial and AI computing.”
Swave is expanding its management and engineering teams and hiring in key areas. Visit swave.io to learn more about career opportunities.
About Swave:
Swave, the true holographic display company, develops chipsets to deliver reality-first spatial computing powered by AI. The company’s Holographic eXtended Reality (HXR) display technology is the first to achieve true holography by sculpting lightwaves into natural, high-resolution images. The proprietary technology will allow for compact form factors with a natural viewing experience. Founded in 2022, the company spun-out from imec and utilizes CMOS chip technology for manufacturing for a cost-effective, scalable, and swift path to commercialization. For more information, visit https://swave.io/
This operation benefits from support from the European Union under the InvestEU Fund.
Media Contacts:
Kelli Flores
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