17.4.2024 07:00:00 CEST | Tekna Holding ASA | Non-regulatory press releases

ARENDAL, NO / SHERBROOKE, QC. 17 April 2024 - Tekna (OSE: TEKNA), a
world-leading provider of advanced materials solutions to industry, is pleased
to announce that it has received an order for nano nickel material for
production of multi-layer ceramic capacitors (MLCC). This is the first
revenue-generating order in Tekna's Microelectronics business line.

The customer is a leading producer of MLCC devices, which are critical
components in most of the fast-growing electronic applications, including mobile
phones, wearable devices such as smartwatches and health monitoring, as well as
automotive electronics. The MLCC global market[1] could reach an estimated 23B$
by year-end 2024 and over 60B$ by 2030.

This order is an important step for Tekna towards obtaining approval within an
actual MLCC production environment. Tekna's nano nickel powder will be
introduced into the customer's factory and assessed for its ability to meet the
customer's product quality and manufacturing requirements.

"This is the first revenue-generating order for our nano nickel material. It is
a significant milestone as we are now bringing our nano nickel material from the
customer's laboratory to the production floor. While the order quantity is small
we consider this to be an important step towards the commercialization of our
MLCC offering," says Luc Dionne, CEO of Tekna Holding ASA.

Tekna develops and produces various grades and sizes of nano nickel aimed at
providing cutting-edge solutions for a wide range of MLCC devices. The material
to be delivered with this order is part of Tekna's nano nickel product
portfolio. Ongoing development of material with characteristics tailored for the
manufacturing of next generation MLCC devices continues in parallel.



[1] Statistics for the 2023 & 2024 MLCC market size, created by Mordor
Intelligence? Industry Reports.

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 Holding ASA, +14388856330, +33670115190,
   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/17847682/3029/4317/Download%20announcement
%20as%20PDF.pdf