AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Tekna Holding ASA

Regulatory Filings Jun 22, 2022

3772_rns_2022-06-22_5f9183f2-6249-481c-966f-a04acb24a8bd.pdf

Regulatory Filings

Open in Viewer

Opens in native device viewer

Tekna and Uniformity Labs sign agreement for supply of Titanium for Laser Powder Bed Fusion (LPBF)

22.6.2022 15:00:00 CEST | Tekna Holding ASA | Non-regulatory press releases

Complimentary technological capabilities allow customers to achieve higher quality, greener, more sustainable part production with no compromise in quality.

Fremont, CA & Sherbrooke, QC, June 22, 2022: Uniformity Labs, producer of engineered materials for advanced manufacturing, and Tekna (OSE: TEKNA), the world-leading provider of advanced materials to industry, signed an agreement where Tekna will supply Ti64 5/25 and Ti64 45/105 to Uniformity to produce its highly advanced titanium powders. This agreement will make available a critical North American supply source for Uniformity and increase Tekna's output capacity and efficiency.

Greener, more sustainable materials

The collaboration enables Tekna to optimize the use of its production yield which Uniformity will process to produce its advanced titanium powder for LPBF. Uniformity's technology helps customers realize substantial quality and efficiency improvements in additive and conventional manufacturing at scale. Their engineered powders and processes enable faster production of repeatable parts at higher density with no compromise in quality. Tekna powder atomization technology uses hydro-energy, and all process gasses are recycled in closed loops, achieving greener production. Together the companies will help industrial customers produce greener, more sustainable parts.

Furthermore, this supply agreement leverages both companies' complementary offer to the industry and clears the way to a growing collaboration between the two leaders.

"We're excited to collaborate with Tekna for the supply of highest quality titanium powders for LPBF", said Adam Hopkins, founder, and CEO of Uniformity Labs. "This agreement opens a critical North American material resource for us. The complementary nature of our businesses produces an economic benefit for our customers who gain through higher printer throughput and repeatability, and a supply chain security benefit from the use of materials produced entirely in North America."

"We are extremely proud that Uniformity Labs has selected us to supply titanium powders," said Luc Dionne, CEO of Tekna. "This is a testament to Tekna's supply reliability and reaffirms that our product quality matches with a wide range of industry requirements."

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Contacts

  • Arina van Oost, Investor Relations | VP Corporate Strategic Development & Innovation, Tekna, +1 438 885 6330, [email protected]
  • Frank De Maria, Uniformity Labs, +1 347 647 0284, [email protected]

About Tekna Holding ASA

Tekna is a world-leading provider of advanced materials to industry, headquartered in Sherbrooke, Canada.

Tekna produces high-purity metal powders for applications such as 3D printing in the aerospace, medical and automotive sectors, as well as optimized induction plasma systems for industrial research and production. With its unique, IP-protected plasma technology, the company is well positioned in the growing market for advanced nanomaterials within the electronics and batteries industries.

Building on 30 years of delivering excellence, Tekna is a global player recognized for its quality products and its commitment to its large base of multinational blue-chip customers. Tekna's powder products increase productivity and enable more efficient use of materials, thereby paving the way towards a more resilient supply chain and circular economy.

About Uniformity Labs

Uniformity Labs is an engineered materials producer that helps customers realize substantial quality and efficiency improvements in additive and conventional manufacturing at scale using its ground-breaking, high-density metal powders and print processing expertise. Its patented technology uniquely enables groundbreaking improvements in throughput and reductions in residual stress across materials and platforms in laser powder bed fusion printing. In binder jetting, Uniformity powders deliver fully dense parts with minimal sintering shrink, resulting in the ability to manufacture to otherwise unobtainable high precision, material mechanical properties, and part surface roughness. Uniformity's feedstock materials and print processes dramatically impact the AM value chain by increasing the reliability and efficiency of printing. For more information, please visit

www.uniformitylabs.com.

Attachments

Talk to a Data Expert

Have a question? We'll get back to you promptly.