Feb.27, 2014
Singapore-based company Zecotek Photonics (ZMS.V), a developer of advanced materials and optoelectronic devices for high resolution medical imaging, optical precision surgery, biopharmaceutical research and 3D displays, announced today that its wholly owned subsidiary, Zecotek Display Systems is designing a unique 3D printer which, according to the company, will offer technical and commercial competitive advantages to existing 3D printers.
Zecotek is working with LT-Pyrkal of Yerevan, Armenia, a long time contract partner which developed a number of key elements for Zecotek`s own patented 3D display technology. LT-PYRKAL is a Greek-Armenian research, development and production company, specializing in crystal growth, laser accessories and components, lasers and systems.
This is Zecotek`s second product offering to the 3D market following the recently announced 3D printing platform which offers design, cost, and time advantages with Zecotek's glasses free, auto-stereoscopic, multi-view, HD 3D display.
Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics, commented, "By combining our vast experience in laser technology and high precision electro-mechanical devices Zecotek and LT-Pyrkal are exploring novel designs for a compact and high speed 3D printer."
"Our technical expertise has allowed our partnership to explore new and more efficient methods of printing 3 dimensional objects with a large spectrum of materials." explained Zerrouk.
"We are testing components of a compact, high speed 3D printer to be used in rapid prototyping and rapid manufacturing, as well as the associated software interface and look forward to working with LT-Pyrkal to move this project forward."
Shares climbed more than 7% on the news to $0.90 per share. Currently there are 95.0m outstanding shares with a market cap of $85.5 million.
Posted in 3D Printers
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