LAFAYETTE, Colo.--(BUSINESS WIRE)--SiNAPTIC Technologies, a contract manufacturer that is dedicated to the development and on-demand manufacturing of additive manufactured technical ceramics, is pleased to announce it has been awarded an Early-Stage Capital and Retention Grant through the Colorado Office of Economic Development and International Trade (OEDIT) Advanced Industries Accelerator program. This funding will help further the development of SiNAPTIC's printable silicon nitride slurry through testing toward the submission of an FDA Master File.
“SiNAPTIC Technologies is passionate about serial production and contract manufacturing of technical ceramics to help customers overcome product design issues associated with traditional ceramic manufacturing. Upon the completion of this grant-funded project, we will attract innovators wanting to license our silicon nitride slurry to develop their own medical products for the regulatory benefits offered by the Master File," said SiNAPTIC's CEO, Bryan Scheer, MD.
The Early-Stage Capital and Retention Grant supports businesses commercializing innovative and disruptive technologies that will be created or manufactured in Colorado. These grants promote the growth and sustainability of advanced industries across the state by driving the types of innovation that move this vital part of the Colorado economy forward.
SiNAPTIC Technologies was awarded $250,000 to conduct biocompatibility testing and process validation activities toward the submission of an FDA Master File for its printable silicon nitride slurry. An additional portion of the awarded funds will be used to hire and train three Colorado-based technical personnel that will be crucial to the development of the Master File and production ramp-up. This project will improve customer access to additively manufactured silicon nitride for medical and industrial applications.
“Across the state, companies are rethinking existing technologies and inventing new ones within the advanced industries sector. Their success will create good-paying jobs in Colorado and has the potential to change lives across the state and beyond. We are thrilled to be able to support their development and look forward to celebrating future accomplishments,” said OEDIT's Advanced Industries Senior Manager, Rama Haris.
"SiNAPTIC is comprised of two business divisions, SiNAPTIC Technologies and SiNAPTIC Surgical, with each having a different focus. SiNAPTIC Technologies provides R&D and prototyping through scaled OEM manufacturing, whereas SiNAPTIC Surgical is focused on becoming an FDA registered, fully integrated original medical device producer," says Hugh Roberts, Chief Operating Officer of SiNAPTIC. SiNAPTIC Technologies responds to the numerous inquiries from OEMs across various industries to support with ceramic 3D printing services - from design, development, and prototyping to serial production at industrial scale.
SiNAPTIC's Grant Coordinator, Kevin Altman expressed that “The SiNAPTIC team has invested and continues to invest so much time and effort to convey the value that ceramic additive manufacturing can offer to domestic industry. I am elated that we are receiving recognition, both for our hard work and for the innovative potential of our printable silicon nitride, through the Early-Stage Capital and Retention Grant.”
About SiNAPTIC
From industry to medical, SiNAPTIC is dedicated to the development and on-demand manufacturing of additive manufactured technical ceramics to improve lives and inspire the world to see in new ways. With a focus on innovation and quality, we offer a wide range of ceramic materials, allowing us to accelerate various applications across multiple industries such as aerospace & defense, medical, semiconductors, transportation, electronics, industrial manufacturing, and more. SiNAPTIC is based outside of Denver, Colorado. We transform ideas into real possibilities with our additive manufacturing platforms. Contact us to learn more about our services and how our technologies are driving the industry forward. For additional information, please visit www.sinaptic.com
About the Advanced Industries Accelerator Program
The Advanced Industries Accelerator Program was created in 2013 to promote growth and sustainability in Colorado’s advanced industries by driving innovation, accelerating commercialization, encouraging public-private partnerships, increasing access to early stage capital and creating a strong infrastructure that increases the state’s capacity to be globally competitive. AIA encompasses five distinct grant programs: Proof of Concept, Early-Stage Capital and Retention, Collaborative Infrastructure, Export Accelerator, and Global Consultant Network.
About Colorado Office of Economic Development and International Trade
The Colorado Office of Economic Development and International Trade (OEDIT) works with partners to create a positive business climate that encourages dynamic economic development and sustainable job growth. Under the leadership of Governor Jared Polis, we strive to advance the State’s economy through financial and technical assistance that fosters local and regional economic development activities throughout Colorado. OEDIT offers a host of programs and services tailored to support business development at every level including business retention services, business relocation services, and business funding and incentives. Our office includes the Global Business Development division; Colorado Tourism Office; Colorado Outdoor Recreation Industry Office; Colorado Creative Industries; Business Financing & Incentives division; the Colorado Small Business Development Network; Colorado Office of Film, TV & Media; the Minority Business Office; Employee Ownership Office; and Rural Opportunity Office. Learn more at oedit.colorado.gov.
