Camtek Ltd. (Nasdaq: CAMT; TASE:CAMT) will begin pilot trials over the weekend of its GreenJet printed circuit boards (PCB) for 3D printers, sources inform "Globes."
Camtek's GreenJet technology is based on the 2009 acquisition of Rehovot-based Printar Ltd. for $2.5 million. Printar had developed a system for injecting polymer for solder mask applications on PCBs. To date this application has been analogic but Printar developed a digital solution that can color the solder mask in layers on higher density PCBs and from this stems the 3D capabilities.
At an investors conference back in 2010 Camtek CEO Roy Porat spoke about the potential and the risks of this development but said the market was huge, worth $700 million annually, and if the system works, capturing just 10% of this market could transform Camtek.
In a blog published by "Seeking Alpha" in November 2013, market sources believed that a successful entry by Camtek into this field could boost its share price to $23. The share price is trading on Nasdaq today up 3.9% at $5.08, giving a market cap of $152.63 million.
Published by Globes [online], Israel business news - www.globes-online.com - on January 28, 2014
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