5th Jul 2023 12:43
Xaar PLC - Cambridge, England-based inkjet printing technology firm - Signs an exclusive commercial partnership to manufacture Quantica GmbH's NovoJet printheads. Expects initial NovoJet printheads to be shipping in Quantica's first 3D printers from the end of 2023. The agreement also gives Xaar commercial access to Quantica's intellectual property in the jetting of highly viscous materials. Company explains this will complement its existing printheads and ImagineX technology portfolio.
"As we continue to accelerate our strategy the combination of our existing ImagineX technologies with the capability offered by Quantica's IP will ensure Xaar offers the widest range of solutions in jetting highly viscous materials," says Graham Tweedale, chief operation officer at Xaar.
Current stock price: 182.77 pence, up 4.4% on Wednesday afternoon in London
12-month change: down 6.8%
By Heather Rydings, Alliance News senior economics reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Related Shares:
Xaar