Mitsubishi Electric Invests in Elephantech Under New Partnership
MITSUBISHI ELEC UNSP/ADR (MIELY)
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mitsubishielectric.com/company/ir/index.html
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Source: Business Wire
Aims to accelerate reduced-impact inkjet printing of circuit boards TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has invested in Elephantech Inc., a startup developing proprietary nano-ink technology for inkjet printing, and signed a partnership agreement with the company. Through the partnership, Mitsubishi Electric aims to accelerate the industry’s shift to manufacturing printed circuit boards (PCBs) using inkjet printing, a process known for its significantly reduced environmental impact. Previously, Mitsubishi Electric’s Corporate Venture Capital (CVC) fund invested in Elephantech in May 2023.Elephantech has developed advanced copper nano-ink technology for an innovative manufacturing process that prints the ink on a substrate only where needed to form circuits. Compared to conventional methods, this process dramatically reduces the number of manufacturing steps while lowering copper and water usage as well as CO2 emissions. The
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