SINTX TECHNOLOGIES RECEIVES PRODUCTION ORDER FOR AEROSPACE COMPONENTS

Rhea-AI Summary

SINTX Technologies, Inc. (NASDAQ: SINT) has received a production order for silicon nitride components from a global aerospace manufacturer. This follows a rigorous qualification process assessing SINTX's Operational and Quality Management Systems. The company's certified AS9100D manufacturing process enabled it to meet strict customer requirements. SINTX's STX-100 silicon nitride offers high strength and durability, making it ideal for aerospace applications. The company anticipates further orders as it expands in the aerospace market, leveraging its existing capabilities in Salt Lake City.

Positive

• Received an aerospace production order, indicating strong market demand.
• Manufacturing process certified to AS9100D standard, enhancing credibility.
• Potential for additional orders as several aerospace components are under evaluation.

Negative

• None.

SALT LAKE CITY, Oct. 11, 2022 (GLOBE NEWSWIRE) -- 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 Technologies
801.839.3502
IR@sintx.com

FAQ

What recent order did SINTX Technologies receive?

SINTX Technologies received a production order for silicon nitride components from a global aerospace manufacturer.

What is the significance of the AS9100D certification for SINTX?

The AS9100D certification allows SINTX to meet strict quality requirements for aerospace applications, enhancing their competitiveness.

What are the expected benefits of SINTX's STX-100 silicon nitride?

STX-100 silicon nitride is known for its high strength, oxidation resistance, and low dielectric properties, making it suitable for demanding aerospace conditions.

Is SINTX looking to expand its business in the aerospace sector?

Yes, SINTX is actively pursuing growth in the aerospace sector and expects additional orders as it evaluates several components.