Major deal for PV Nano Cell’s conductive ink in PCB Mass Production

18 October, 2015

Under the MOU, PV Nano Cell will provide its inks to leader in the PCB manufacturing at no charge for the first three months of production . Later it will pay for the inks

PV Nano Cell will provide its inks to leader in the PCB manufacturing at no charge for the first three months of production under the MOU.  Thereafter, the manufacturer will pay for the inks

The conductive ink of PV Nano Cell. Each particle is 60nm-120nm wide
The conductive ink of PV Nano Cell. Each particle is 60nm-120nm wide

The innovative nano materials startup fro Migdal Ha’emeq (Israel), PV Nano Cell, made an important step towards industrial scale application. Today the company announced that it has signed a Memorandum of Understanding (MOU) with a leading manufacturer of printed circuit boards (PCBs) pursuant to which PV Nano Cell will provide, and the manufacturer will exclusively use, PV Nano Cell’s Sicrys™ portfolio of conductive inks for the mass production of PCBs.

The parties expect that this arrangement will constitute the first commercial mass production of PCBs using a digital conductive inkjet printing process. The MOU anticipates that the printer will be provided by PV Nano Cell at its cost. PV Nano Cell revealed that it discuss with several manufacturers options to purchase such a printer. PV Nano Cell will provide its inks at no charge for the first three months of production under the MOU.  Thereafter, the manufacturer will pay for the ink based upon an agreed upon pricing structure.

“Partnering with an impressive and established leader in PCB manufacturing with a proven track record provides us the foundation we need to continue to expand into this market,” said Dr. Fernando de la Vega, founder and CEO of PV Nano Cell. “Our Sicrys family of conductive inks deliver a unique combination of low cost, high conductivity, long shelf-life and robust printing.”

From PV to PCB

Established in end of 2009, PV Nano Cell has developed a family of customized single crystal nano-metric conductive inks. At the beginning it was designed to use in the solar energy industry, where crystalline silicon cells represent over 80% of the PV (photovoltaics) market. But the cell metallization is a major efficiency and cost limit in solar cell processing.

Metallization is essential for extraction of current from silicon cells, but it detracts from cell active area, has non-zero contact resistance to the cell, and cell breakage during metallization can reach 5%. Industry strives to increase the cell efficiencies to lower the electricity costs and to reduce thickness of silicon wafers to reduce the amount of expensive silicon required to produce cells, but mechanical forces applied to cells by screen-print metallization prevent reduction of wafer thickness.

Todat the company targets new market such as printed circuit boards, antennas, RFID tags, sensors, smart cards, touchscreens and advanced packaging. The PE market, for example, is predicted to grow at a CAGR of 33.8 percent from 2014 to 2020, reaching $40.2 billion by 2020, with more and more innovative applications moving toward commercialization, according to an industry report. Conductive inks are critical to the growth of the PE industry because they enable the use of inkjet printing technologies.

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