- Agreement signed with the University of Stuttgart, Institut für Großflächige Mikroelektronik “IGM” for the supply of the UPD technology demonstrator (a significant event after the Balance Sheet Date)
- PLN 12.85 million obtained for the Company’s further growth, an outcome of the completed financial round
- Development of the patent cloud
- “BUY” recommendation for XTPL, with a PLN 210 price target, from MainFirst Bank AG
XTPL TO DELIVER ITS DELTA PRINTING SYSTEM TO THE UNIVERSITY OF STUTTGART
On 23 November 2020, the Company announced the signing of its first major commercial agreement with the IGM Institute. The lease-purchase agreement relates to the UPD technology demonstrator – XTPL Delta Printing System – a system for precise printing of micro-features, including conductive structures. The maximum contract value is EUR 190 thousand net (approx. PLN 880 thousand net). Institut für Großflächige Mikroelektronik in Stuttgart is a research institution developing display technology in cooperation with the industry’s largest manufacturers. The UPD technology demonstrator will be used in the production of a fully printed, high-resolution flat-panel display.