What is the progress of work related to inks

At the core of our conductive inks business are materials based on silver nanoparticles. This is a significant and constantly growing sector of the nanomaterials market. In addition to silver-based metallic nanoinks, copper and gold materials also play a role in the development of next-generation electronics. This market has diversified needs, as reflected in the demand for materials with a wide range of required properties, which triggers the growing demand for gold and copper inks. Competition (including players such as Novacentrix, PV NanoCell, Dycotec Materials, and Harima Chemicals) currently offers such solutions, but the market is expecting alternatives with more attractive parameters. In order to respond to these needs and diversify our inks portfolio, we are currently engaged in R&D devoted to gold and copper materials based on the know-how achieved during the development of the silver ink line. In this way, we can develop materials with competitive properties. In both cases, these products are at an early stage of development. XTPL laboratories carry out tests of printing with gold and copper inks. And before those inks are added to the commercial offer, further tests and analyzes will be performed to ensure their superior quality in line with the company’s vision. As soon as we put them on our offer, we will certainly publicize this in our social media channels, website, newsletter, and during earnings conferences.