SINTX TECHNOLOGIES RECEIVES PRODUCTION ORDER FOR AEROSPACE COMPONENTS
October 11 2022 - 9:00AM
SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (“SINTX” or
the “Company”), an original equipment manufacturer of advanced
ceramics, announced today that it has received a production order
for silicon nitride components in a critical commercial jet
application from a global aerospace manufacturer. The receipt of
the order follows a lengthy qualification period which included
assessment of SINTX’s Operational and Quality Management Systems as
well as evaluation of prototypes manufactured by SINTX.
“To meet the customer’s strict requirements,
SINTX leveraged its existing manufacturing capabilities in Salt
Lake City and developed a process to produce complex engine
components,” said Don Bray, VP of Business Development for SINTX.
“Our silicon nitride manufacturing process is certified to the
rigorous AS9100D standard which is a requirement for this
application and allowed SINTX to compete for this order. We have
several other aerospace and industrial components in evaluation now
and expect additional orders in the near future. We believe that
our materials technology is very strong, and this aerospace segment
is a growth area for SINTX.”
Due to its rare combination of high strength,
high oxidation resistance, low dielectric constant, and low
dielectric loss, SINTX’s STX-100 silicon nitride is a superior
material choice for components that need a radio frequency (RF)
transparent material that is durable at varying temperatures and
speeds.
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) that are subject to a number of risks
and uncertainties, including the expectation that additional orders
may be made and the growth of our business in the aerospace
segment. These risks and uncertainties, many of which are beyond
our control, 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 or Media
Inquiries for SINTX:SINTX
Technologies801.839.3502IR@sintx.com
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