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) 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 µm. 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 with Nobel laureates, 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.
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 für Großflächige 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.