Daktronics Announces Investment in X Display Company for Mass Transfer and MicroLED Technology

LED display manufacturer Daktronics announces that it has participated in a Series A investment round in X Display Company (XDC). XDC is a spinoff of X-Celeprint, who creates and owns leading intellectual property (IP) and capabilities in Micro LED mass transfer technology.

Series A investments will support XDC’s further development in Micro LED capabilities and applications. Micro LED technologies support Daktronics’ line of narrow pixel pitch LED displays and will enable solutions to move into the realm of less than 1-millimeter line spacings.

“We see a lot of promise in Micro LEDs and the products we can produce with this technology,” said Daktronics President and CEO Reece Kurtenbach. “We believe XDC is a great partner, with IP and expertise in both the production processes and core technologies needed to produce Micro LED displays. In conjunction with our participation in this investment round, we are also cooperating on several developments and plan to announce additional product offerings for the Narrow Pixel Pitch (NPP) marketplace later this year.”

In 2019, XDC demonstrated its Micro LED technology independently during Display Week. The company exhibited a 5.1-inch Micro LED display with a 70 PPI.

 

LEDinside 2020 Global LED Video Wall Market Outlook- Meeting Room, Sales Channel and Price Trend
Release Date: 30 September 2019
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