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SINTX Technologies Receives Additional SBIR Contract for 3D Printing Technology 

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SINTX Technologies, a leader in advanced ceramic materials, has received a $75,000 phase I SBIR contract from AFWERX to enhance the sinterability of 3D printed silicon nitride. This project aims to address material challenges in high-temperature propulsion and guidance systems for the Air Force. If successful, SINTX could secure a phase II contract worth up to $1.25M. This initiative aligns with SINTX's strategic focus on aero-engine and RF applications. The company leverages its expertise in silicon nitride and the additive manufacturing knowledge of its subsidiary, TA&T, acquired in 2022. This effort underscores SINTX's broader technical ceramics market expansion, including aerospace and defense sectors.

Positive
  • Awarded $75,000 phase I SBIR contract from AFWERX.
  • Potential for a phase II contract worth up to $1.25M over 21 months.
  • Focus on addressing material challenges in high-temperature propulsion and guidance systems.
  • Strategic alignment with aero-engine and RF applications.
  • Combination of SINTX’s and TA&T’s expertise in silicon nitride and ceramic 3D printing.
  • Expansion into the broader technical ceramics market, including aerospace and defense.
  • Leverage of 25 years of ceramic additive manufacturing experience from TA&T.
Negative
  • The success of phase I is uncertain and contingent on overcoming significant technical challenges.
  • Future funding and contracts depend on the successful outcome of the current project.
  • 3D printing silicon nitride presents unique and complex technical challenges compared to other ceramics.
  • Industry has yet to demonstrate production of silicon nitride parts meeting application-specific performance and repeatability.

Insights

The announcement of the SBIR contract for SINTX Technologies is a significant milestone for the company. While the initial contract value of $75,000 may not seem substantial, the potential phase II contract worth up to $1.25M over 21 months offers a more meaningful financial impact. This potential progression indicates a robust pipeline and the ability to secure government contracts, which can stabilize and potentially boost revenue streams.

The focus on the aerospace and defense sectors diversifies SINTX's portfolio, reducing reliance on the medical device market. Diversification is generally positive for financial stability, as it spreads risk across different markets. Investors should note SINTX’s strategic shift and assess its execution capabilities in these high-tech, high-regulation industries, which can be lucrative but also challenging.

The technical aspects of this contract are particularly intriguing. Silicon nitride's mechanical, thermal and dielectric properties make it a valuable material in high-stress environments like propulsion and guidance systems. SINTX’s expertise in ceramic 3D printing positions it uniquely to address these industry challenges, especially considering the difficulty in sintering complex shapes.

The development in this contract could set a precedent in the industry for the production of reliable, application-specific silicon nitride parts. This advancement could unlock new markets and applications, particularly in the RF sector, enhancing SINTX’s long-term growth potential. The key for investors will be to monitor SINTX’s ability to meet these technical milestones and translate them into marketable products.

This contract positions SINTX to potentially capitalize on the growing demand in the aerospace and defense sectors. These industries have stringent requirements and high barriers to entry, but successful penetration can lead to lucrative, long-term contracts. The involvement of AFWERX and the Department of the Air Force underscores the strategic importance and potential scale of these opportunities.

The market for advanced ceramics is projected to grow significantly, driven by their adoption in high-performance applications. Investors should consider the broader market trends and the company's ability to leverage its technological advancements to capture market share. The ongoing trend towards advanced materials in defense and aerospace could provide significant tailwinds for SINTX.

Salt Lake City, Utah., June 06, 2024 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (SINTX) (www.sintx.com) (NASDAQ: SINT; “SINTX” or the “Company”), a manufacturer and developer of advanced ceramic materials and related technologies, announced today that its wholly-owned subsidiary, Technology Assessment and Transfer, Inc. (TA&T) has been selected by AFWERX for a 3-month, $75,000, phase I Small Business Innovation Research (SBIR) contract focused on Enhanced Sinterability of Complex-Shaped 3D Printed Silicon Nitride (Si3N4). This contract will address material challenges in propulsion and guidance technology for next generation high-temperature Department of the Air Force systems.

The Air Force Research Laboratory (AFRL) and AFWERX have partnered to streamline the SBIR and STTR process by accelerating the small business experience. The DAF began offering the Open Topic SBIR/STTR program in 2018, and now, through this partnership, TA&T will expand its ability to create and provide innovative capabilities that will strengthen the defense of the United States of America. If successful, TA&T/SINTX will attempt to leverage this work into an AFWERX phase II contract worth up to $1.25M over 21 months.

Silicon nitride has very attractive mechanical, thermal, and dielectric properties that enable its use in aero-engine and microwave-frequency aperture applications. The latter is a strategic focus area across the SINTX family of companies. The combination of past projects in printing all-ceramic microwave polarization converters, current IR&D in compositional development for RF, plans for a future SBIR effort in compositional development for RF, and development of industrial partnerships for RF, all converge on the goal of TA&T/SINTX entering the RF market.

The current effort addresses the fact that although there is significant activity in 3D printing complex shapes of silicon nitride, industry has yet to demonstrate production of real silicon nitride parts meeting application-specific performance and repeatability. 3D printing silicon nitride presents unique technical challenges compared to other technical ceramics such as aluminum oxide, not only in the printing process, but also in the complicated thermal processing required after printing—especially in the step called “sintering” in which the material is consolidated into a high-density shape. SINTX is uniquely situated within this industry because of the company’s decades of experience with the silicon nitride material family and TA&T’s deep expertise in ceramic 3D printing.

David O’Brien, EVP and COO of SINTX, commented: “For over 15 years, SINTX has been the world-leader in the manufacturing and supply of silicon nitride components for spinal fusion devices. Beginning in 2018, we expanded our focus to address the broader technical ceramics market, including aerospace, defense, and energy applications. The 2022 acquisition of TA&T in Maryland brought into our portfolio over 25 years of ceramic additive manufacturing experience, and this SBIR award is just one example of our united team working together to develop novel solutions to longstanding industry challenges.”

The views expressed are those of the author and do not necessarily reflect the official policy or position of the Department of the Air Force, the Department of Defense, or the U.S. government. 

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 several years, SINTX has utilized strategic acquisitions and alliances to enter into new markets. The Company has manufacturing facilities in Utah and Maryland.

About Air Force Research Laboratory (AFRL) 

The Air Force Research Laboratory is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space and cyberspace force. With a workforce of more than 12,500 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. For more information, visit www.afresearchlab.com.

About AFWERX 

As the innovation arm of the DAF and a directorate within the Air Force Research Laboratory, AFWERX brings cutting-edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. AFWERX employs approximately 325 military, civilian and contractor personnel at six hubs and sites executing an annual $1.4 billion budget. Since 2019, AFWERX has executed 4,697 contracts worth more than $2.6 billion to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability. For more information, visit: www.afwerx.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, but not limited to, statements regarding SINTX’s ability to leverage this work into an AFWERX phase II contract, effectively manufacture ceramic products, the market for and benefits of SINTX’s ceramic products, SINTX’s ability to effectively compete in the ceramic industry, and other statements that are not based on historical fact. Such forward-looking statements are subject to a number of risks and uncertainties that may cause actual results to differ from current expectations. Risks and uncertainties that may cause such differences include, among other things: SINTX’s 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 27, 2024, and in SINTX’s other filings with the SEC. SINTX disclaims any obligation to update any forward-looking statements. 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 and Media Inquiries for SINTX:
SINTX Technologies
801.839.3502
IR@sintx.com


FAQ

What is the value of the SBIR contract awarded to SINTX Technologies?

SINTX Technologies received a $75,000 phase I SBIR contract from AFWERX.

What is the focus of SINTX's new SBIR contract?

The focus is on enhancing the sinterability of 3D printed silicon nitride for high-temperature propulsion and guidance systems.

What potential future funding could SINTX receive related to this SBIR project?

If successful in phase I, SINTX could secure a phase II contract worth up to $1.25M over 21 months.

What is the significance of the partnership with AFWERX for SINTX?

The partnership could strengthen SINTX’s ability to create innovative capabilities for the defense sector and expand its technical ceramics market presence.

What are the technical challenges associated with 3D printing silicon nitride?

The technical challenges include the complicated thermal processing required after printing, especially the sintering process, to achieve high-density shapes.

How does SINTX's expertise benefit the new SBIR contract?

SINTX leverages its decades of experience with silicon nitride and the additive manufacturing expertise of its subsidiary, TA&T, acquired in 2022.

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