SINTX AND PRODWAYS AGREE ON CERAMIC SLURRY SUPPLY AND 3D PRINTING AGREEMENT
April 29 2024 - 9:14AM
Advanced technical ceramic company, SINTX Technologies, Inc.,
((NASDAQ: SINT: “SINTX” or the “Company”) and Prodways Printers SAS
(Prodways) are pleased to announce they have entered into a deep
technical partnership and ceramic slurry supply agreement. SINTX
and its subsidiary Technology Assessment and Transfer, Inc. will
supply ceramic-filled printable slurries to Prodways and will
assist in process development and customer support. The scope of
collaboration will allow an end-to-end workflow collaboration on
advanced technical ceramics, including in particular casting
applications.
SINTX was an early pioneer of the ceramic 3D
printing industry, successfully printing components beginning in
1998. The company invested in R&D for more than a decade -
successfully growing its capability from prototypes and low-rate
production into a true production process. SINTX now sells 3D
printed components made from alumina, zirconia, and silica, and
also supplies custom printable ceramic-filled resins to customers
across multiple industries. In February of 2024, the company
announced a multiple year supply agreement with a leading aerospace
company.
The team’s 25 years of experience makes SINTX an
attractive development partner for Prodways, a manufacturer of 3D
printers and a leader in the additive manufacturing industry. SINTX
has been actively 3D printing ceramics with the Prodways L5000
since 2018, SINTX is excited to benefit from the technical
advancements from the latest Prodways hardware innovations as part
of this partnership.
Prodways, a pioneer in industrial 3D printing,
will be able to leverage SINTX’s Silica and Alumina qualified
slurries on the latest MovingLight machine generation, specifically
developed for the demanding requirement of ceramic application. In
particular, the machine will provide a unique combination of high
resolution and build envelope, while maintaining process
scalability with flexible build envelope configuration and
process-oriented parameters control.
Ann Kutsch, General Manager of the
SINTX-Maryland site, commented: “Our outstanding engineering team
has 6 years of experience working with Prodways printers, and we
have already used their equipment to commercialize multiple resin
compositions and part designs. I expect that a more formal
partnership will lead to some breakthrough developments and novel
solutions for all our customers.”
Vincent Icart, CTO and COO of Prodways, added
“Prodways has had a very early exposure to ceramics 3D printing.
Before this partnership, we were only supplying customers with
internal capabilities development. We are thrilled to bolster our
specifically developed MovingLight machineries with SINTX slurries,
as our joint expertise will allow us to be an end-to-end solution
provider for the most demanding ceramic printing applications.”
About Prodways Group
Prodways Group specializes in industrial and professional 3D
printing with a unique position as an integrated European player.
The Group has developed across the entire value chain of 3D
printing (software, printers, materials, parts & services) with
a technologically advanced industrial solution. Prodways Group
offers a wide range of 3D printing systems and premium composite,
hybrid, or powder materials (SYSTEMS division). The Group also
manufactures and markets on-demand parts, prototypes, and small
series printed in 3D, in plastic and metal (PRODUCTS division).
Prodways Group serves a wide range of sectors, particularly in the
medical field.
Listed on Euronext Paris (FR0012613610 - PWG),
the Group reported in 2023 revenue of €75 million.
For further information: https://www.prodways-group.com
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About SINTX Technologies,
Inc.
SINTX Technologies is an advanced ceramics company that develops
and commercializes materials, components, and technologies for
medical and technical applications. SINTX is a global leader in the
research, development, and manufacturing of silicon nitride, and
its products have been implanted in humans since 2008. Over the
past several years, SINTX has utilized strategic acquisitions and
alliances to enter into new markets. The Company has manufacturing
facilities in Utah and Maryland.
For more information on SINTX Technologies or
its materials platform, visit www.sintx.com.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995
(PSLRA), including, but not limited to, statements regarding
SINTX’s ability to effectively manufacture ceramic products, the
market for and benefits of SINTX’s ceramic products, SINTX’s
ability to effectively compete in the ceramic industry, and other
statements that are not based on historical fact. Such
forward-looking statements are subject to a number of risks and
uncertainties that may cause actual results to differ from current
expectations. Risks and uncertainties that may cause such
differences include, among other things: there is no firm
commitment for Prodways to purchase products from SINTX; SINTX’s
products may not prove to be as effective as other products
currently being commercialized or to be commercialized in the
future by competitors; risks inherent in manufacturing and scaling
up to commercial quantities while maintaining quality controls;
volatility in the price of SINTX’s common stock; the uncertainties
inherent in new product development, including the cost and time
required to commercialize such product(s); market acceptance of our
products once commercialized; SINTX’s ability to raise funding and
other competitive developments. Readers are cautioned not to place
undue reliance on the forward-looking statements, which speak only
as of the date on which they are made and reflect management’s
current estimates, projections, expectations and beliefs. There can
be no assurance that any of the anticipated results will occur on a
timely basis or at all due to certain risks and uncertainties, a
discussion of which can be found in SINTX’s Risk Factors disclosure
in its Annual Report on Form 10-K, filed with the Securities and
Exchange Commission (SEC) on March 27, 2024, and in SINTX’s other
filings with the SEC. SINTX disclaims any obligation to update any
forward-looking statements. SINTX undertakes no obligation to
publicly revise or update the forward-looking statements to reflect
events or circumstances that arise after the date of this
report.
Business and Media Inquiries for
SINTX:
SINTX Technologies
801.839.3502
IR@sintx.com
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