XTPL's Patented Solutions: Revolutionizing Multiple Industries with UPD Technology - 08.09.2023

The solutions offered by the company are subject to patent protection. At the end of 1Q23, the company had seven granted patents and 26 pending patents had been filed. Patents include, but are not limited to: the UPD process; nanopaste (patents protecting various formulations of nanopaste); software; application fields (patents describing solutions to specific problems using the UPD method); characterization and quality control (patents related to characterization and quality control of selected print head components).

 

UPD technology gives exposure to booming industries

The technology offered by XTPL has many applications to manufacturers of advanced electronics. Currently, solutions are being commercialized for the following industries:

•OLED displays (market value USD 48.8bn in 2023; expected to grow at 22.6% CAGR 2023-30; source: Contrive Datum Insights) - technology should allow customers to, among other things: repair broken conductive structures, increase production efficiency (reduce rejects); increase resolution; develop displays on flexible substrates; further miniaturization.

• Advanced integrated circuits (ICs) (market value USD 14.1bn in 2023; expected to grow at a CAGR of 8.5% 2023-27; source: ReportLinker) - technology should allow customers to, among other things: precisely connect microelectronic circuits to PCBs (Printed Circuit Board); reduce the size of IC leads and electronic connections; improve performance by efficiently dissipating heat from the IC.

• Advanced PCBs (market value of USD 8.2bn in 2023, expected to grow at 5.5% CAGR 2023-28; source: IMARC Group) - technology should allow customers to, among other things: maximize densification of conductive structures; further miniaturization; cost-effective and scalable manufacturing process. XTPL is also exploring the potential to apply its technology to other industries and application fields.