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SINTX Technologies, Inc. has entered an asset purchase agreement with specialty producer of Boron Carbide, B4C, LLC, to acquire the equipment and technical processes required to make ballistic armor plates.
SINTX has also entered into a technology license agreement with Precision Ceramics USA Inc., an international expert in technical ceramic component solutions, to manufacture a ceramic composite for defense armor applications.
Due to their light weight and resistance to high velocity projectiles, ceramic materials are an integral part of modern armor systems. Governments worldwide are investing in novel ceramic armor solutions to protect law enforcement and military personnel as well as vehicles, aircraft, and ships against high-intensity threats.
Through its newly-created and wholly-owned subsidiary called SINTX Armor, SINTX plans to utilize the assets acquired from B4C to manufacture and market pure Boron Carbide – the highest strength ceramic armor available. These are designed to protect soldiers against hardened, high-velocity projectiles, against which other materials are not as effective.
Additionally, SINTX will jointly develop and manufacture a special, lower cost composite of Boron Carbide and Silicon Carbide under an exclusive license from Precision Ceramics USA Inc. The composite material is targeted at the law enforcement and civilian armor markets.
“With equipment and expertize acquired from B4C, LLC, and the license from Precision Ceramics in place, SINTX intends to apply its material science expertize toward the development of personnel, aircraft, and vehicle armor,” said Dr. Sonny Bal, President, and CEO, SINTX Technologies.
“This is a very significant diversification of our products into the U.S. military, Department of Defense, and law enforcement segments. All of us at SINTX take particular pride at this opportunity and feel great responsibility to protect and serve our fellow citizens who risk their lives for our safety.”
Going forward, Don Bray, VP of Business Development at SINTX will focus entirely on industrial and armor ceramics. SINTX expects to hire additional personnel who will assume responsibilities in the antipathogenic business segment as well as additional staff to support the armor business as the company transitions the assets purchased in Dayton, OH to Salt Lake City, UT over the coming months.
