Tekna signs two TEK15 system contracts

20.7.2022 07:45:00 CEST | Tekna Holding ASA | Non-regulatory press releases

(Arendal, NORWAY / Sherbrooke QC, CANADA) Tekna Holding ASA (Tekna, OSE: TEKNA),
the world-leading provider of advanced materials to industry, today announces
that the company has signed contracts for the sales of two research scale plasma
systems TEK15 models which enable the development of highly spherical metallic
or ceramic powders.

The orders amount to a total value of CAD 1.45 million and will be delivered to
customers early 2023. The systems will be used in a government research center
in Asia and by a private company in the USA for commercial R&D purposes.

The TEK15 system can be used for the development of spherical powder,
nanomaterials and coatings. The sold systems are to be used to develop spherical
powder of various materials to be applied in additive manufacturing (AM), for
instance binder jetting and metal injection molding (MIM).

"Our TEK15 system fosters innovation by enabling our customers to experiment
with many different materials. The system has been developed to allow users to
explore different plasma environments and conditions and make swift adjustments
to produce different variations of materials. These agreements take the number
of units sold up to 57 and correspond with the increased demand Tekna is
experiencing for its advanced materials," said Romain Vert, Director of System
Sales at Tekna.



DISCLOSURE REGULATION

This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.

CONTACTS

* Arina van Oost, Investor Relations | VP Corporate Strategic Development &
Innovation, Tekna, +1 438 885 6330, Investors@tekna.com

ABOUT TEKNA HOLDING ASA

Tekna is a world-leading provider of advanced materials to industry,
headquartered in Sherbrooke, Canada.

Tekna produces high-purity metal powders for applications such as 3D printing in
the aerospace, medical and automotive sectors, as well as optimized induction
plasma systems for industrial research and production. With its unique,
IP-protected plasma technology, the company is well positioned in the growing
market for advanced nanomaterials within the electronics and batteries
industries.

Building on 30 years of delivering excellence, Tekna is a global player
recognized for its quality products and its commitment to its large base of
multinational blue-chip customers. Tekna's powder products increase productivity
and enable more efficient use of materials, thereby paving the way towards a
more resilient supply chain and circular economy.

https://www.tekna.com



ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847682/1627/2199/Download%20announcement
%20as%20PDF.pdf

teksphero15.pdf -
https://kommunikasjon.ntb.no/ir-files/17847682/1627/2198/teksphero15.pdf