XTPL has a technology solutions distribution agreement with Vertex Global Solutions from India

XTPL has signed a distribution agreement for its technology solutions with Mumbai-based Vertex Global Solutions, which specializes in providing technology solutions to the display, semiconductor and organic photovoltaic cell industries, the company said.

“The Indian market is very promising for the printed electronics industry, and the local state administration also counts on this industry. In addition, this strong development trend is also supported by the internal market demand, which has been systematically growing for several years. We would like our Delta Printing System device to appear on the Indian market first, which will support the process of technology implementation. Market data indicate that the total R&D market in India will reach $ 63 billion by 2025, ”said XTPL CEO Filip Granek, quoted in the press release.

“We learned about the XTPL ultra-precise deposition technology by following reports from the most important international events in the AME (additive manufacturing of electronics) industry. (…) We are already in contact with interested entities in India and at the beginning of our cooperation we will focus on introducing the Delta Printing System to R&D centers in India, both in technology corporations and in academic units. (…) ”added the managing director of Vertex Mayank Pandit.

XTPL develops and commercializes on the global market 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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