XTPL S.A.
XTPL S.A., a global supplier of breakthrough nanoprinting solutions for the world's electronics market, has begun strategic cooperation with the Department of Information Engineering of the Italian University of Brescia (UniBS). Over the following two years, the Company will work together with the local scientists on the application of XTPL technological solutions in the biosensor industry. In December 2021, the Department of Information Engineering (Dipartimento di Ingegneria dell'Informazione - DII) from the University of Brescia purchased from the Company its Delta Printing System, which is now used by the local team in research on the organic biosensor matrix, among other things. The purpose of the strategic cooperation with UniBs is to develop an innovative method of producing next-generation organic biosensors using the unique electronics printing technology created by XTPL. As part of this initiative, the Company will ensure extensive technological and expert support relating to its proprietary technology and the Delta Printing System. On the other hand, the DII will provide XTPL with information on the results of its work and outcomes of microproduction of printed biosensors integrated with 3D, adaptable, and flexible substrates. The information will be based on feedback received from industry partners with whom the DII's research team has built strong relationships. In addition, results of the research will be published in publicly available scientific articles and presented at the most important international scientific conferences. Reaching out to a new group of industrial recipients will allow XTPL to bring its technology solutions to another segment of next-generation electronics. "Already some time ago we noted that the biosensor market may be one of the most exciting applications for the XTPL technology of printing electronics using the additive method. However, Professor Torricelli outlined the potential of this industry in more detail for us. Establishment of the relationship not only supported and gave impetus to the research work with UniBs through the sale of the Delta Printing System, but also allowed us to move a step forward and decide about joint R&D on implementation of the XTPL technology in the microproduction of bioelectronics planned by Professor Torricelli," says Filip Granek, CEO of XTPL S.A. "Once we got to know the capabilities of the XTPL technology, we decided to purchase the Delta Printing System in the first place. The more familiar we became with the Company's solution, the more convinced we grew about forging a longer cooperation with XTPL and working together on what we believe is a promising solution for bioelectronics. We intend to develop ultra-sensitive, organic biosensors that will be printed and integrated into 3D, adaptive and flexible substrates. A significant market advantage for these new biosensors will be their biodegradability, an important and increasingly necessary feature of electronic devices," says Fabrizio Torricelli, Professor at the University of Brescia, who leads the research. The parties to the agreement also consider expansion of the cooperation under international projects funded as part of selected EU programs. The first simple biosensors were developed in the 1950s. They were used to measure the level of oxygen and glucose in human blood. Bioelectronics enables the creation of medical devices that improve life quality for sick and disabled people. Bioelectronic inventions include, for example, a glucometer and electrodes stimulating various types of systems (e.g. the neurological system in epilepsy, auditory system in deaf people) and supporting the treatment of chronic pain or arthritis. Modern biological sensors are expected to become the standard in patient diagnostic tests and in monitoring their health. As an element of the personalized medicine tools system, they will simplify and increase the availability of many therapies. The global biosensors market in 2021 was estimated at USD 25.5 billion, and is to reach USD 36.7 billion by 2026. Its CAGR is expected to stand at 7.5% between 2021 and 2026 (source: Markets and Markets Research). Analysts pointed out that the key drivers for the growth of this market include: the emergence of nanotechnology-based biosensors, the increasing incidence of infectious diseases and civilization diseases such as cardiological complications, diabetes, and the current COVID-19 pandemic, which increases the need for point-of-care diagnostics and home care. 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), and 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. ______________________________________________________________ XTPL S.A. is a deep-tech company providing ground-breaking precision printing solutions for the global electronics market. The company develops and commercializes products and solutions relying on its globally innovative platform technology protected by international patent applications. The innovative additive method designed by the company is unique on a global scale. The technology can be used in the fast-growing industry of printed electronics and in such areas as biosensors, security printing, microelectronics and displays. This technology enables ultra-precise printing of ultra-thin (up to 1 ?m wide), transparent and highly flexible lines that can conduct electricity. The company is undergoing patent protection processes relating both to the above technology and to the products it develops, which will be the final confirmation of their innovative character. The XTPL technology can be applied in the printed electronics market, which is one of the most rapidly developing markets of manufacturing methods. According to IDTechEx forecasts, in 2019, the value of the printed, organic and flexible electronics market was USD 37.1 billion, and by 2030 it is expected to grow to USD 74 billion. Due to the possibility of printing very thin conductive lines, while using ink with a very high concentration of metallic nanoparticles, the XTPL printing technology can be used in electronic connections in advanced integrated circuits, 3D printed electronics, hybrid flexible electronics, the Internet of Things and similar areas. These markets are projected to grow very fast in the coming years, sometimes at a CAGR of even 80%. The area in which XTPL expects the fastest use of its proprietary technology in industry is the precise repair of open defects. This application attracts very high interest not only from manufacturers of high-resolution OLEDs, but also from manufacturers from the semiconductor industry. Furthermore, ultra-precise repair can help speed up the launch of the next-generation displays based on microLED technology, which has all the qualities to revolutionize the market. XTPLs goal is to license its technological solutions created for industrial implementation in dedicated application fields. The company may also achieve this goal by sales through distributors or strategic partnerships - in this way the cooperation can be geared to the needs of the future counterparty. At present, XTPL is commercializing its products: inks based on silver nanoparticles for printing new generation electronics components as well as the Delta Printing System, i.e. a precise solution for rapid prototyping with the ability to print very fine structures up to 1 µm for microelectronics
Since 2019, XTPL S.A. has been listed on the main market of the Warsaw Stock Exchange, and since 2020 on the Open Market in Frankfurt. Additional information is available from:
End of Media Release Issuer: XTPL S.A. Key word(s): Research/Technology
22.03.2022 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
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