The PORT Łukasiewicz Research Network purchases the Delta Printing System from XTPL S.A.
XTPL S.A., a global supplier of breakthrough nanoprinting solutions for the world’s electronics market, has entered into a sales agreement with the Łukasiewicz Research Network – PORT Polish Center for Technology Development. The agreement relates to the sale and delivery of a prototyping printer – the Delta Printing System.
The Company has signed the agreement after winning the tender organized by the Łukasiewicz Research Network – PORT Polish Center for Technology Development. This institute conducts fundamental and applied research in materials engineering and biotechnology. The Delta Printing System will be used in research in photonic applications.
“We successfully commercialize our printers for rapid prototyping and R&D, as well as our highly concentrated conductive inks with silver nanoparticles. So far, we’ve sold three Delta Printing Systems. The first printer was put in operation at the University of Stuttgart at the beginning of this year. The second one is to be delivered to a customer from Germany this year. We’re glad that the device to be delivered to PORT will be the first printer to operate at our client’s laboratory in Poland. It will be used by the team led by Professor Alicja Bachmatiuk, an outstanding materials engineering researcher”, says Filip Granek, the CEO XTPL S.A.
Another printer sale confirms the high commercialization potential of this product group, which – let me remind you – is a bridgehead for the implementation of the technology developed by XTPL on industrial lines. From the purely financial perspective, we’re strengthening our cash flow not only in the short term: we are also building foundations for recurring revenues from consumables for the Delta Printing System. We’re planning to deliver and instal the printer and conduct user training already this year, which means that the related revenues will be fully reflected in the 2021 results”, adds Jacek Olszański, Member of the Management Board for Finance at XTPL S.A.
The estimated global annual sales of printers for R&D, rapid prototyping and small-lot production in the area of broadly understood printed electronics amount to approx. 250–500 devices per annum.
The Łukasiewicz Research Network is a nationwide project with a high commercial potential, combining science with business. The institute is a unique market player providing complete and competitive business solutions in the areas of automation, chemistry, biomedicine, ICT, materials and advanced manufacturing. The network includes 32 research institutes employing eight thousand people. This is the third largest network of this type in Europe.
“We’re looking forward to having the Delta Printing System at our clean-room laboratories. This unique printer will be used to conduct research and development in photonics. One of the challenges in this area is the advanced micro-integration of photonic features. In this area we see great potential for the Delta Printing System in the context of our work, but also generally in photonic technologies that are growing rapidly in scientific and commercial terms. Our cooperation with XTPL is also an excellent example of multidimensional mutual benefits that can be achieved by closely cooperating research units and technology companies”, says dr hab. Eng. Alicja Bachmatiuk, Head of the Material Engineering Center.
The XTPL technology is a response to the three megatrends in the production of modern electronics. The industry is currently strongly focused on further miniaturization of the size and weight of electronic devices, modifying their forms and properties, and moving towards an increased flexibility and three-dimensionality. The recent global trend is also environmental protection by efficient use of limited resources while reducing the production waste, which is enabled by additive technology. XTPL develops its proprietary innovative nanoprinting solutions that support those trends, offering them 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.