Printing The Future: Northann And I4F Forge Cross-License Deal

Zinger Key Points
  • Northann inks cross-licensing agreement with I4F.
  • I4F provides patents and technologies to the flooring industry.

3D-printed home improvement solutions provider Northann Corp NCL has entered into a strategic cross-licensing agreement with I4F.

I4F provides patents and technologies to the flooring industry. The agreement solidifies a collaborative effort between the two companies to enhance their respective offerings in the digital printing space.

“Intellectual property should not be a barrier to technological and industry advancements; it should be a catalyst for continuous innovation for humanity and the industry as a whole,” said Northann CEO Lin Li.

“Our cross-license agreement with I4F is designed to further democratize this technology and help I4F’s digital printing licensees greatly reduce manufacturing costs and entry barriers.”

After this cross-license agreement, Northann will manufacture its 3D printing ecosystem with digital printing production lines in the U.S., drastically reducing production costs.

Price Action: NCL shares are trading lower by 2.94% at $0.5249 on the last check Wednesday.

Image sourced from Shutterstock

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