TEKNA AND UNIFORMITY LABS EXTEND PARTNERSHIP FOR THE SUPPLY OF ALUMINUM FOR LASER POWDER BED FUSION (L-PBF)

20 Mar 2023 16:00 CET

20.3.2023 16:00:01 CET | Tekna Holding ASA | Non-regulatory press releases

Complementary technological capabilities allow customers to achieve higher
quality, greener, more sustainable part production.

March 20, 2023 - Fremont, CA, Quebec, Canada - Engineered materials company
Uniformity Labs (Uniformity) and Tekna (OSE: TEKNA), the world-leading provider
of advanced materials to industry, extended their partnership where Tekna will
supply AlSi10Mg aluminum-based alloy to Uniformity to produce its advanced
ultra-dense AlSi10Mg powder for additive manufacturing process laser powder bed
fusion (L-PBF) applications.

This extends the partnership between the two companies which began with Ti64
(titanium-alloy) making available a critical North American supply source for
Uniformity and increasing Tekna's output capacity and efficiency.

Advanced Technology Delivers Production Efficiency - Greener, More Sustainable
Materials

The partnership enables Tekna to optimize the use of its production yield, which
Uniformity will process to produce its advanced powders for L-PBF. Uniformity's
technology improves powder production efficiency allowing for more than 95% of
the powder to be used compared to competitors' 50% to 65% - driving down cost
and improving capacity, efficiency, and sustainability in the additive and
conventional manufacturing of industrial parts at scale. Their engineered
powders and processes enable faster, more repeatable production of parts used in
a variety of industries, including aerospace, transportation, energy, defense
and medical, with no compromise in quality.

Tekna powder atomization technology uses hydro-energy, and all process gasses
are recycled in closed loops, achieving greener production. Together the
companies will help industrial customers produce greener, more sustainable
parts.

"Our partnership with Tekna highlights how advanced technology can further
increase sustainability to the benefit of a wide range of industries," said Adam
Hopkins, founder, and CEO of Uniformity Labs. "The complementary nature of our
businesses produces an economic benefit for our customers who gain through
higher printer throughput and repeatability, and a supply chain security benefit
from the use of materials produced entirely in North America."

"We are extremely proud that Uniformity Labs has selected us to supply aluminum
powders in addition to titanium powders," said Luc Dionne, CEO of Tekna. "This
is a testament to Tekna's supply reliability and reaffirms that our product
quality matches with a wide range of industry requirements."

Get more information at AMUG

Jerome Pollak, Business Development Director at Tekna, and Adam Hopkins,
founder, and CEO of Uniformity Labs, will be discussing how ultra-dense powder
made with RF plasma atomized particles deliver speed and sustainability at the
upcoming Additive Manufacturing Users Group (AMUG) conference -
https://www.amug.com/conference-agenda-planner/ on March 22, 3:00pm - 4:00pm
(CDT) - Waldorf (3rd Floor).



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
* Frank De Maria, Uniformity Labs, +1 347 647 0284, frank@uniformitylabs.com

ABOUT TEKNA HOLDING ASA

Tekna is a world-leading provider of advanced materials, headquartered in
Sherbrooke, Canada. Tekna produces high-purity metal powders for applications
such as 3D printing serving the aerospace, medical, automotive industries, 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 multinational base of over 200 blue-chip customers.

For more information, please visit our website - https://www.tekna.com

ABOUT UNIFORMITY LABS

Uniformity Labs develops breakthrough material and software solutions to
accelerate and expand global commercial/industrial 3D printing (AM) markets. Its
patented technology uniquely enables fully dense printing with minimal shrinkage
of binder jetting materials, delivering significant cost savings, speed, and
quality improvements across all mainstream AM printers. Uniformity's feedstock
materials and print processes dramatically impact the AM value chain by
increasing the reliability and efficiency of printing.

For more information, please visit our website - www.uniformitylabs.com -
http://www.uniformitylabs.com.

ATTACHMENTS

Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847682/2192/2964/Download%20announcement
%20as%20PDF.pdf

2023_03_19 Tekna and Uniformity Labs Extend Collaboaration R6.pdf -
https://kommunikasjon.ntb.no/ir-files/17847682/2192/2960/2023_03_19%20Tekna%20an
d%20Uniformity%20Labs%20Extend%20Collaboaration%20R6.pdf

More information:
Access the news on Oslo Bors NewsWeb site

585713_en_2023_03_19 Tekna and Uniformity Labs Extend Collaboaration R6.pdf
585713_en_Download announcement as PDF.pdf