SINTX Technologies, Inc. (www.sintx.com) (NASDAQ:SINT, “SINTX” or the “Company”))))), a manufacturer and developer of advanced ceramic materials and related technologies, announced that it has entered a Long-Term Agreement (LTA) to supply jet engine components made of its silicon nitride. The agreement materialized after a rigorous 2-year qualification of the Company’s Operational and Quality Management Systems and manufacturing capabilities, and successful testing of prototype components.
“To meet the challenge of making aerospace parts with complex designs, SINTX had to innovate new manufacturing capabilities and processes,” said Dave O’Brien, Executive Vice President and Chief Operating Officer at SINTX. “This entailed going beyond our expertise in producing medical implants into manufacturing strong and durable jet engine components under an AS9100D certified quality management system.”
“This LTA is one example of the non-medical opportunities that SINTX is targeting, as the Company seeks to expand its capabilities beyond biomedical implants toward producing industrial and aerospace products. SINTX’s Maryland facility, for instance, is making prototypes for several energy and defense applications,” added Mr. O’Brien.
There are no minimum requirements under the LTA, and annual revenues are projected to be less than $0.25 million. The LTA allows SINTX to fulfill all of the customer’s requirements for silicon nitride aerospace components as long as SINTX meets specified quality, delivery, and purchase order metrics. The LTA extends to the end of 2026 with a customer option for renewal, and with periodic demand forecasts guiding supply plan management and revenues.
