SiNtx Technologies Inc (SINT)

[boston745]

Morgan Ceramics & NP Aerospace spin-off

2016 (earlier?), Sintx began a Ceramic-Metal Brazing project in a joint effort with later disclosed Morgan Advanced Ceramics. Sintx would use the tech for spine/knee and Morgan would use the tech created for aerospace applications. Incidentally, the February 21st, 2024 PR disclosure announcing the supply of aerospace components could be a deal to supply Morgan Technical Ceramics. If Morgan is not the "world leader in aerospace systems" mentioned in this PR, then i'd expect another announcement of such a supply deal to Morgan Ceramics. More than likely this supply deal is to Morgan Ceramics which is curiously not disclosed despite the previously disclosed collaboration with Morgan Ceramics back in 2017.

SINTX Technologies, Inc. (www.sintx.com) (NASDAQ: SINT; “SINTX” or the “Company”), a manufacturer and developer of advanced ceramic materials and related technologies, announced today that it has entered into a 10-year, Long-Term Agreement (LTA) with a leading manufacturer of aerospace components and systems. Under the LTA, SINTX will manufacture and supply key ceramic aircraft engine components which have been qualified through a rigorous evaluation process.

“We are excited to serve our customer who is a world leader in aerospace systems,” said Dave O’Brien, Executive Vice President and Chief Operating Officer for SINTX.

https://www.morgantechnicalceramics.com/markets/aerospace/

2016 Business Update in 2017

A metal-ceramic brazing project with a global ceramics manufacturer is underway, targeting the total knee market, and composite devices in the spine market.

2017 Presentation

Enter a JDA with Morgan Ceramics

Current partnerships
Morgan Advanced Ceramics
Develop a spine device utilizing Morgan's advanced joining technologies

From my post in 2018:

Developing spine & knee implant with Morgan Ceramics. This would braze Si3N4 & unknown metal together, something Morgan specializes in. Morgan is also attempting to utilize this same technique for aerospace market. If successful Morgan would commercialize and sell to entities like NASA. No signed JDA we are aware of.

According to the September 2017 presentation, Sintx had some sort of partnership with Morgan Ceramics but had not officially signed a JDA with them. A JDA was never disclosed buts its possible that a NDA kept this information from being disclosed. A JDA would explain why Mr. Donald Bray joined Sintx in 2019 as he left Morgan Ceramics when it sold NP Aerospace, aka his position was no longer needed without NP Aerospace divisions. More on this in a minute.

After months of financial, legal and company due diligence, we finalized the deal towards midnight on November 20th

April, 15th 2019 6 months after NP Aerospace was sold off, Sintx announced that Donal Bray would join Sintx, a former VP from Morgan Advanced Ceramics who also oversaw the NP Aerospace division as a business director.

SINTX Technologies, Inc. (NASDAQ: SINT) announced today that it has hired Donald J. Bray as Vice President of Business Development. Mr. Bray was formerly Vice President of Technology at Morgan Advanced Materials, where he focused on leading strategic initiatives into new market areas. Mr. Bray will assume the new role at SINTX on 22 April 2019.

Business Director, Armor Jan 2008 - Sep 2014 6 yrs 9 mos

NP Aerospace, the world’s most advanced, composite armor company, has incorporated in the United States to provide advanced, composite tactical and combat-armored systems for vehicles and personal protection systems specifically for the U.S. military.

Mr. Donald Bray comes into Sintx, aids setting up Sintx for ISO 9100D certification, aids in the acquisitions of armor and TA&T technical assets, and then leaves Sintx once armor facility is brought online remaining as a consultant. This to me suggests that Mr. Bray was sent to Sintx to aid in getting Sintx ready so it could supply armor components for NP Aerospace and aerospace components for Morgan Ceramics.

October 2018, Sintx shed Amedica and some old IP and became Sintx Technologies where it began branching from solely a medical implant company to more of a materials company. At which point it began focusing on the development of industrial and aerospace components. A little over a month later, NP Aerospace & subsidiaries were sold off from Morgan Ceramics November 20th, 2018. April 2019 Bray joined Sintx in 2019 to prep Sintx for manufacturing certificates, sales in defense, aerospace markets, and acquire IP. If the two companies combine thats an odd way to do a joint venture.


https://i.imgur.com/slfDxL5.jpeg

Quote Sources:

https://ir.sintx.com/news-events/press-releases/detail/223/sintx-technologies-enters-into-a-second-long-term-supply
https://ir.sintx.com/news-events/press-releases/detail/100/correction---amedica-releases-2016-preliminary-unaudited
https://web.archive.org/web/20221128231656/https://static.seekingalpha.com/uploads/sa_presentations/787/14787/original.pdf - Slides 5 & 27
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139366206
https://battle-updates.com/wp-content/uploads/2021/08/BSTC4iStar-Sep-2021-Digital.pdf
https://ir.sintx.com/news-events/press-releases/detail/129/sintx-technologies-hires-strategic-vp
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167887649