SINTX TECHNOLOGIES AWARDED DEPARTMENT OF ENERGY GRANT FOR DEVELOPMENT OF 3D PRINTED CERAMIC HEAT EXCHANGERS
September 27 2022 - 9:00AM
SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (“SINTX” or
the “Company”), an original equipment manufacturer of advanced
ceramics, is pleased to announce the receipt of a Phase II award of
$1.1M, issued by the U.S. Department of Energy (DOE) to develop,
design and characterize 3D-printed alumina ceramic heat exchangers
for heating, ventilation, and air conditioning systems (HVAC). The
proposal was originally submitted by Technology Assessment and
Transfer (TA&T), now a wholly owned subsidiary of SINTX. The
Phase II award follows the successful completion of the Phase I
effort by TA&T. The award aligns with the DOE’s interest in
supporting unique technologies for next-generation non-metallic
heat exchanger systems to improve the energy efficiency of heat
pumps and air conditioners over a broad range of operating
conditions for building and industrial applications.
Non-metallic alumina ceramic heat exchangers
offer lighter weight, exceptional corrosion resistance, and higher
thermal conductivity than stainless steel and/or polymeric heat
exchangers. 3D printing enables fabrication of compact micro-heat
exchangers with higher heat transfer and leakage-free features that
cannot be achieved with conventional metal heat exchanger
fabrication methods.
“In order to meet the objectives of the original
Phase I effort, SINTX - in collaboration with the University of
Cincinnati and industrial partner Carrier - proposed the
development, demonstration and potential commercialization of
highly efficient, light weight, compact additive manufactured (AM)
alumina ceramic heat exchangers for a broad spectrum of residential
and industrial air to refrigerant HVAC applications.,” said Dr.
Larry Fehrenbacher, Vice President of Technology, SINTX
Technologies. “We believe that this concept has strong merit, and
this new Phase II award will allow SINTX to advance the technology
towards scale-up and commercialization.”
TA&T, recently acquired by SINTX, initiated
development of 3D printing of Ceramics in 1997 and has developed
the capabilities to fabricate parts in various ceramic materials
such as alumina, silica, yttria stabilized zirconia and transparent
magnesium aluminate spinel. Today SINTX provides commercial
prototyping and manufacturing services making high purity ceramic
parts using 3D printing. Several manufacturers of electro-surgical
instruments use TA&T’s fabrication service extensively for
prototyping and low-rate initial production.
The content included in this release is solely
the responsibility of the authors and does not necessarily
represent the official views of the Department of Energy.
About SINTX Technologies, Inc.
SINTX Technologies is an advanced ceramics
company that develops and commercializes materials, components, and
technologies for medical and technical applications. SINTX is a
global leader in the research, development, and manufacturing of
silicon nitride, and its products have been implanted in humans
since 2008. Over the past two years, SINTX has utilized strategic
acquisitions and alliances to enter into new markets. The Company
has manufacturing facilities in Utah and Maryland.
For more information on SINTX Technologies
or its advanced ceramics material platforms, please
visit www.sintx.com.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 (PSLRA), including relating to the potential
scale-up and commercialization of the alumina ceramic heat
exchangers. Such forward-looking statements are subject to a number
of risks and uncertainties. Risks and uncertainties that may cause
such differences to include, among other things: our products may
not prove to be as effective as other products currently being
commercialized or to be commercialized in the future by
competitors; risks inherent in manufacturing and scaling up to
commercial quantities while maintaining quality controls;
volatility in the price of SINTX’s common stock; the uncertainties
inherent in new product development, including the cost and time
required to commercialize such product(s); market acceptance of our
products once commercialized; SINTX’s ability to raise funding and
other competitive developments. Readers are cautioned not to place
undue reliance on the forward-looking statements, which speak only
as of the date on which they are made and reflect management’s
current estimates, projections, expectations, and beliefs. There
can be no assurance that any of the anticipated results will occur
on a timely basis or at all due to certain risks and uncertainties,
a discussion of which can be found in SINTX’s Risk Factors
disclosure in its Annual Report on Form 10-K, filed with the
Securities and Exchange Commission (SEC) on March 25, 2022, and in
SINTX’s other filings with the SEC. SINTX undertakes no obligation
to publicly revise or update the forward-looking statements to
reflect events or circumstances that arise after the date of this
report.
Business Inquiries for SINTX:SINTX
Technologies801.839.3502IR@sintx.com
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