Sintx Technologies Enters A Long-Term Supply Agreement For Aerospace Components
Portfolio Pulse from Benzinga Newsdesk
SINTX Technologies, a manufacturer and developer of advanced ceramic materials, has entered a Long-Term Agreement (LTA) to supply jet engine components made of its silicon nitride. The agreement comes after a 2-year qualification process and successful testing of prototype components. 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.
November 07, 2023 | 2:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
SINTX Technologies has entered into a long-term agreement to supply jet engine components, which could potentially increase its revenues and expand its market reach.
The long-term agreement to supply jet engine components made of silicon nitride could potentially increase SINTX's revenues and expand its market reach. This is a positive development for the company as it shows its ability to diversify its product offerings and enter new markets.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100