Jul 29 2015
Israeli technology company Nano Dimension announced Monday that Nano Dimension Technologies, a fully owned subsidiary of Nano Dimension, has signed a marketing and distribution agreement with AVCO Chemicals.
The agreement grants AVCO the ability to distribute one of Nano Dimension's unique materials – a one-part Epoxy made of several components. The material provides mechanical strength, adhesiveness and high thermal resistance. The agreement will not involve any new costs or expenditures for Nano Dimension.
The formulation of the Epoxy remains liquid at lower temperatures, yet at higher temperatures becomes a solid, hardens and is so durable that it is hard to distort or scratch. The transparency and opacity of the material can also be altered.
Beyond distribution, the agreement also includes the rights to manufacture and develop additional commercial applications using the material. The applications to be targeted under this agreement exclude Nano Dimension's core focus on printed circuit boards (PCBs).
AVCO Chemicals, founded in 1973, is an established company in the chemicals sector and has subsidiaries and manufacturing facilities in several countries around the world. The company produces chemicals and polymers for several industries, including textile, leather, mining, printing inks, and more.
Amit Dror, Nano Dimension's Chief Executive Officer, commented, "As we embark on collaborations with industry partners during our beta phase to evaluate 3D electronics printing, we continue to investigate additional markets and opportunities based upon our existing IP and materials know-how. We see added value in the fact that this new material, developed in our laboratories in Ness Ziona, can also be used and distributed for other varied applications."
Last week, Nano Dimension Technologies announced evaluation cooperation with Israel Aerospace Industries (IAI) to evaluate advanced three-dimensional printing of electronics. Nano Dimension's unique 3D printer for electronic circuits (PCBs) has the potential to revolutionize the development process and, ultimately, the manufacture of advanced electronic circuits.
Source: http://www.nano-di.com/