XTPL S.A.:. XTPL S.A., PLXTPL000018
XTPL S.A. to strengthen its presence on the British Isles
XTPL S.A., a global supplier of breakthrough nanoprinting solutions for the world's electronics market, intends to introduce its technology to the markets of Great Britain and Ireland. The Company started cooperation with Semitronics Sales Ltd, a highly-specialized distributor in this region.
Thanks to the cooperation with Semitronics, XTPL technology and products will continue to gather momentum with innovative customers in R&D centers, scientific institutions and technological corporations operating in the nanotechnology, printed electronics and semiconductor segments of Great Britain and Ireland. The partnership will also increase awareness and visibility of the Company's innovative solutions among global market players.
"The industry of printed electronics and semiconductors is growing strong also in Europe. We're happy that together with the highly experienced Semitronics team we can also grow the markets of Great Britain and Ireland. Semitronics has a proven track record of supplying advanced technological solutions to the markets relevant to the XTPL technology offering. We hope that our Delta Printing System - a technology demonstrator and our unique offering of high-performance metallic inks will soon be established in the British Isles", says Filip Granek, CEO of XTPL S.A.
"Semitronics Sales Ltd are looking forward to working with XTPL, as we are very impressed by the Company's technology and solutions. We believe that the UPD (Ultra-Precise Deposition) technology has significant potential for the customer base. With its unique, very high printing precision, the XTPL technology can be used not only for R&D projects, but also for advanced prototyping and selective industrial applications. We already see strong interest in XTPL products which complement the existing solutions and techniques on offer from Semitronics. In our business, we select partners very carefully and our portfolio includes only those which offer the most innovative solutions with proven quality", says Jeremy Davis, Managing Director at Semitronics Sales Ltd.
Semitronics was founded in 2013 in collaboration with Semimetrics, in response to the needs of the growing markets of printed and flexible electronics, semiconductor, nanotechnology and photovoltaics within the UK region. Semitronics represents a number of world leading suppliers such as Coatema GmbH, Forge Nano Inc, NovaCentrix Inc, and Optomec Inc.
This adds to XTPL's growing distribution network, reporting earlier this year partnerships from South Korea (Bandi Consortia) and China (Yi Xin Technology).
In 2020, the value of the printed electronics market 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
Additional information is available from:
Beata Kowalczyk | cc group 605 959 539 | firstname.lastname@example.org ?
Magdalena ?ukowska | marketing & communications manager at XTPL S.A. 539 736 050 | email@example.com ?
End of Media Release Issuer: XTPL S.A. Key word(s): Research/Technology
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