Copprint is proud to announce our first 7 figure multi-ton copper inks order from a Fortune 500 company. This order covers a 12 months supply to be used in the customer's production line, with projected 10x growth in 2-3 years.
The software world uses the term ARR for annual recurring revenues. The materials/chemicals world should also be looking at ARR, given manufacturers' conservative rate of change in specialty materials in production. Innovation in the materials world requires great patience. Achieving significant ARR takes years due to testing and approval cycles. We are proud to have achieved significant ARR. For further information see the IDTechEx report on Conductive Ink Markets 2020-2030: Forecasts, Technologies, Players.
A big celebration and many thanks to our "marathon-runner" employees for their innovation, commitment, and perseverance towards achieving this significant milestone. And thanks to our strategic investors - Henkel, HP, and TATSUTA ELECTRIC WIRE & CABLE CO., LTD - for their continued support.
Source and top image: Copprint