SINTX TECHNOLOGIES AWARDED MULTI-YEAR DARPA CONTRACT TO DEVELOP CMCs AND HIGH TEMPERATURE COATINGS FOR TURBINE ENGINES


SALT LAKE CITY, Oct. 26, 2022 (GLOBE NEWSWIRE) -- SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT) (“SINTX” or the “Company”), an original equipment manufacturer of advanced ceramics, is pleased to announce the receipt of a three year Phase II award of $1.5 million issued by the Defense Advanced Research Projects Agency (DARPA) to develop, design, and characterize thermal-environmental barrier coatings (T-EBCs) for functionally graded high temperature ceramic matrix composites (CMC’s). The proposal was originally submitted by Technology Assessment and Transfer (TA&T), now a wholly owned subsidiary of SINTX. The Phase II award follows the successful completion of the Phase I effort by TA&T.

The goal is to develop gas turbines capable of reliable operation at turbine inlet temperatures up to 3,100°F. This goal is shared across the U.S. armed forces, commercial aviation developers, and also has potential application in industrial gas-turbine power plants. Consequently, there is a driving need to extend the capability of CMCs and T-EBCs to resist degradation in harsh moisture laden combustion and sand/dust ingestion (CMAS) conditions at much higher temperatures than the current state of the art 2,400°F. Technical, economic, and social benefits include improved turbine engine performance, lower fuel consumption and reduced maintenance costs for civilian aircraft, and increased efficiency and reduced pollution for industrial power plants. Energy savings and reduction in climate damaging emissions will provide major societal benefits. Spin off applications include liquid propulsion nozzle extensions, hypersonic components, and nuclear applications among others.

“The continuous temperature increases in efficient, lower emission turbine engines are imposing serious lifetime issues on critical turbine components. This project is designed to develop unique high temperature ceramic composites and environmental protective coatings for the advanced CMCs that will ensure engine performance, increase flight safety, and lower maintenance costs. Spinoffs to commercial aviation and commercial power plants will lower energy costs and reduce environmental pollution,” said Dr. Larry Fehrenbacher, Vice President of Technology, SINTX Technologies. “We believe that this concept has strong merit, and this contract will accelerate SINTX’s path towards scale-up and commercialization.”

TA&T, recently acquired by SINTX, has a long history of developing high temperature solutions for a variety of applications for NASA, DOD, DOE and the U.S. Armed Forces. Today, SINTX-TA&T provides high temperature coatings for a variety of industrial applications.

The content included in this release is solely the responsibility of the authors and does not necessarily represent the official views of the DARPA or the Department of Defense.

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.

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