10:58 AM EDT, 06/06/2024 (MT Newswires) -- Sintx Technologies ( SINT ) said Thursday that the Department of the Air Force's AFWERX arm selected the company's Technology Assessment and Transfer unit for a $75,000 contract focused on 3D printing technology.
The three-month, phase I small-business innovation research contract will focus on the "enhanced sinterability" of complex-shaped 3D printed silicon nitride and help address challenges in propulsion and guidance technology for high-temperature DAF systems, the company said.
Sintx ( SINT ) said it will try to advance into a phase II contract worth up to $1.3 million over 21 months, if successful.
The company's shares were down 3.7% in recent trading.
Price: 6.38, Change: -0.25, Percent Change: -3.70