XTPL S.A.:. XTPL S.A., PLXTPL000018
XTPL will deliver Delta Printing System to Karlsruhe Institute of Technology (KIT)
XTPL S.A. a global supplier of breakthrough nanoprinting solutions for the advanced electronics markets reported a signing of a sales agreement with the Karlsruhe Institute of Technology (KIT) in Germany. XTPL will deliver the Delta Printing System for the R&D and prototyping applications to the Light Technology Institute (LTI) at the KIT. The device is to be delivered by the end of 2021.
Karlsruhe Institute of Technology (KIT) is a public research university and one of the largest research and educational institutions in Germany. Light Technology Institute (LTI), led by prof. Uli Lemmer, is a part of KIT and it focuses on research and development of technologies related to light emission (including organic and inorganic LEDs), photovoltaics and new technologies in printed electronics.
Delta Printing System is a printing device designed by XTPL for the advanced research and development purposes and rapid prototyping applications using the Company's proprietary UPD (Ultra-Precise Deposition) technology. As part of the projects carried out at LTI, the printer will be used in the process of developing nanotechnology for applications in microelectronics and optoelectronics.
"We're happy that our device will appear at the prestigious site of the Karlsruhe Institute of Technology in Germany. The Institute's authorities put a particular premium on high precision and efficiency of deposition of microstructures below 10 ?m. Our technology will enable printing conductive structures on highly complex substrate topographies with different properties, while retaining ultra-high resolution. We believe that our presence in the globally renowned research unit led by Prof. Uli Lemmer, which also cooperates leading academic and industrial partners worldwide, will allow bringing our proprietary ultra-precise deposition UPD technology to the range of potential commercial counterparties. The cooperation with KIT will open another door for us on the way towards industrial commercialization of the UPD technology", says Filip Granek, CEO of XTPL S.A.
"At KIT we went through a successful advanced evaluation process of the XTPL's ultraprecise deposition technology and we are convinced that XTPL offers truly unique technological capabilities in terms of unmet resolution of dispensing even for very complex design of the test structures. We are very much looking forward to including the Delta Printing System into our advanced R&D projects focusing on a wide range of optoelectronics and microelectronics applications and to further collaboration with the XTPL team", Prof. Uli Lemmer, Director of LTI, explains.
XTPL not only seeks to achieve final commercialization of its proprietary technological solutions in individual segments of the printed electronics sector, but is also poised to gradually increase its share in the electronic device prototyping market, which is to see a CAGR around 31% in 2021-2031 (source: Transparency Market Research). Global annual sales of printers for R&D, rapid prototyping and small-lot production in the area of the broadly understood printed electronics sector amount to approx. 250-500 devices per annum, at a price of approx. EUR 50-500 thousand per device.
At the beginning of this year, the first Delta Printing System technology demonstrator was delivered to the clean-room laboratory of the Institut f?r Gro?fl?chige Mikroelektronik (IGM), University of Stuttgart (Germany). XTPL S.A. develops its proprietary innovative nanoprinting solutions, which are offered to global players in the rapidly growing printed electronics industry. In 2020, its value was USD 41.2 billion (+11.0% YoY), in 2025 it is forecast to grow to USD 63.3 billion, while 2030 it is expected to reach even USD 74.1 billion (source: IDTechEx). This means an increase in the market value at a CAGR of 9.0% in 2020-2025. ______________________________________________________________________________
XTPL S.A. is a deep-tech company providing ground-breaking precision printing solutions for the global electronics market. The company develops and commercializes products and solutions relying on its globally innovative platform technology protected by international patent applications. The innovative additive method designed by the company is unique on a global scale. The technology can be used in the fast-growing industry of printed electronics and in such areas as biosensors, security printing, microelectronics and displays. This technology enables ultra-precise printing of ultra-thin (up to 1 ?m wide), transparent and highly flexible lines that can conduct electricity. The company is undergoing patent protection processes relating both to the above technology and to the products it develops, which will be the final confirmation of their innovative character. The XTPL technology can be applied in the printed electronics market, which is one of the most rapidly developing markets of manufacturing methods. According to IDTechEx forecasts, in 2019, the value of the printed, organic and flexible electronics market was USD 37.1 billion, and by 2030 it is expected to grow to USD 74 billion. Due to the possibility of printing very thin conductive lines, while using ink with a very high concentration of metallic nanoparticles, the XTPL printing technology can be used in electronic connections in advanced integrated circuits, 3D printed electronics, hybrid flexible electronics, the Internet of Things and similar areas. These markets are projected to grow very fast in the coming years, sometimes at a CAGR of even 80%. The area in which XTPL expects the fastest use of its proprietary technology in industry is the precise repair of open defects. This application attracts very high interest not only from manufacturers of high-resolution OLEDs, but also from manufacturers from the semiconductor industry. Furthermore, ultra-precise repair can help speed up the launch of the next-generation displays based on microLED technology, which has all the qualities to revolutionize the market.
XTPLs goal is to license its technological solutions created for industrial implementation in dedicated application fields. The company may also achieve this goal by sales through distributors or strategic partnerships - in this way the cooperation can be geared to the needs of the future counterparty. At present, XTPL is commercializing its products: inks based on silver nanoparticles for printing new generation electronics components as well as the Delta Printing System, i.e. a precise solution for rapid prototyping with the ability to print very fine structures up to 1 ?m for microelectronics
Since 2019, XTPL S.A. has been listed on the main market of the Warsaw Stock Exchange, and since 2020 on the Open Market in Frankfurt. To find out more, go to: www.xtpl.com
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End of Media Release Issuer: XTPL S.A. Key word(s): Research/Technology
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