XPTL has its first order for a Delta System device for Chinese partner

XTPL has signed a contract to supply a Delta Printing System device for a leading research and development center in China, the company said. XTPL will deliver and commission the device in the second half of 2022, and the first revenues from this sale will be recorded by the company in the third quarter of this year.

The sold DPS device will go to the buyer through the Chinese XTPL distributor, Yi Xin Technology. The customer will use DPS to work in the field of advanced packaging in semiconductor technology, underlined.

“The sale of the Delta Printing System to China is a breakthrough event for us and a significant step towards entering the very broad and prospective Chinese market with our technology. It was possible thanks to effective cooperation with our partner in China - Yi Xin Technology company and their strong team. We hope that the first transaction, which usually takes the longest to prepare and finalize, opens the way for further sales of DPS devices and other XTPL solutions to recipients in China, "said the president of ZTPL, Filip Granek, quoted in the release.

The Delta Printing System is a device developed by XTPL for rapid prototyping in the field of technology for the printed electronics industry.

XTPL develops and commercializes on the global market an additive technology enabling ultra-precise printing of nanomaterials. This technology will facilitate, among others production of new generation displays, intelligent glass with advanced functionalities, innovative anti-counterfeit security measures or photovoltaic panels with increased efficiency. Currently, XTPL is commercializing its technology in the first two application fields: displays and smart glass. The company's shares made their debut on the WSE main market in February 2019.

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