PV Nano Cell
Israeli materials technology company developing Sicrys™ single-crystal nano-conductive inks and pastes for inkjet-based digital printing. It primarily serves solar cell manufacturers (HJT and Perovskite) and also targets automotive, IoT, and printed electronics applications.
- Company typePublic
- Founded2010
- HeadquartersMigdal, Israel
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What PV Nano Cell does
PV Nano Cell Ltd. is an Israeli materials technology company, headquartered in Migdal Ha'Emek and publicly traded on the OTC Pink Sheets (ticker PVNNF) as a foreign private issuer filing SEC forms including 20-F. Founded around 2010, the company develops and commercializes Sicrys™, a proprietary family of single crystal nano-conductive inks and pastes (both silver- and copper-based) that enable inkjet-based digital printing of conductive patterns. Its primary application focus is metallization of next-generation solar cells — specifically HJT and Perovskite technologies requiring low-temperature curing (≈200°C) — where the inks support hyperfine line widths (<20µm), low line resistivity (≤3.5 µΩ·cm), and claimed ~50% reductions in silver usage versus conventional pastes. Beyond solar, the technology is positioned for printed circuit boards, flexible electronics, automotive electronics (RADAR/LiDAR sensor packages, embedded passive components), IoT devices, antennas, sensors, heaters, and touchscreens.
The business model is B2B enterprise sales of proprietary inks (priced via quote with a 100ml minimum order), supplemented by sales of DemonJet low-volume inkjet production printers and by professional services for ink optimization, printer parameter setup, and tailored printing instructions per customer application. Go-to-market combines a direct quote-request website channel with exhibition presence (notably LOPEC), industry and scientific publications, press releases, and a consortium of EU-funded R&D partnerships (DigiMan, TINKER, eurostars inkjetPCB) with Fraunhofer institutes, Notion Systems, Profactor, and others. Headcount is reported in the 11–50 band; FY2023 revenue was approximately $478,584 against a net loss of $2.07M (down from a $4.51M loss in FY2022), and in December 2024 the company filed a Form 15-15D to suspend its SEC reporting duties — a structural move consistent with a small-cap public company refocusing resources as it continues to commercialize its patented ink platform.
PV Nano Cell firmographics
Firmographics- Name
- PV Nano Cell
- Legal name
- P.V. Nano Cell Ltd.
- Website
- https://pvnanocell.com
- Company type
- Public
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Israeli materials technology company developing Sicrys™ single-crystal nano-conductive inks and pastes for inkjet-based digital printing. It primarily serves solar cell manufacturers (HJT and Perovskite) and also targets automotive, IoT, and printed electronics applications.
- Ownership category
- akta.pro rank
PV Nano Cell industry classification
Industry- Product category
- Printed Electronics Materials
- NAICS
- Printing Ink Manufacturing (325910), Printing Ink Manufacturing (32591)
- SIC
- Plastic Material, Synth Resin/Rubber, Cellulos (No Glass) (2820), Printing Trades Machinery & Equipment (3555)
- akta.pro primary industry
- Digital & Specialty Inks (Inkjet, UV, Conductive) (IMAEAHAI)
- akta.pro secondary industries
- Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD), Inkjet Printers (HDACAEAA), Printing Inks (IMAEAHAG)
Keywords
Where PV Nano Cell is headquartered
LocationHeadquarters
- HQ city
- Migdal
- HQ country
- Israel
- HQ region
- Middle East
Offices1 record
Markets served
PV Nano Cell business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Supply Chain
Revenue model
- Conductive Inks and Pastes Sales: Sale of proprietary Sicrys™ silver and copper-based nano conductive inks and pastes for solar metallization, printed electronics, and related applications. Sold in various formulations (I20DM-206, I40DM-106, I50DM-106, etc.) with minimum order of 100ml.
- Inkjet Production Printers: Sale of DemonJet low volume manufacturing printers and related equipment for digital conductive printing
- Complete Printing Process Services: Complete printing process services including ink properties optimization, printer parameters setup, printing modifications and tailored printing instructions per application
- Digital Ink Solutions: Additional digital conductive inks for Solar, Ceramic, Glass, LIFT and General-Purpose applications including silver-based, copper-based, gold-based, and carbon-based formulations
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Custom quotation-based pricing |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
PV Nano Cell product offering
Product offeringCore offering
PV Nano Cell develops and manufactures Sicrys™ single crystal nano-conductive silver and copper inks and pastes for inkjet-based digital printing. The company's products are primarily used in solar cell metallization (HJT and Perovskite cells) and printed electronics applications, and the offering is complemented by DemonJet inkjet printers and complete printing process services including ink optimization, printer parameter setup, and tailored printing instructions.
Product overview
PV Nano Cell offers a complete solution for mass-produced inkjet-based printed electronics centered on its proprietary Sicrys™ single-crystal nano-conductive inks. The product portfolio consists of two main product lines: Sicrys™ General Purpose Silver Inks and Sicrys™ General Purpose Copper Inks. The Sicrys™ ink family forms the foundation of PV Nano Cell's offering, providing the core conductive materials used across solar metallization (HJT and Perovskite cells), printed circuit boards, flexible electronics, automotive, IoT, antennas, sensors, heaters, and touchscreens applications. These inks are complemented by the company's complete printing process including ink optimization, printer parameter setup, and tailored printing instructions per application.
Differentiator
Problem solved
Functional benefit
Brands
- Sicrys™: Proprietary and patented single crystal nano-conductive inks and pastes for silver and copper, used in inkjet-based digital printing for solar metallization, printed electronics, automotive, IoT, and other applications.
Products and services
- Sicrys™ General Purpose Silver Inks
Quantifiable outcome
- Solar cell efficiency improvement of 0.5%
- +6 more outcomes
Companies that use PV Nano Cell
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles4 records
PV Nano Cell technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
PV Nano Cell partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- TINKER Project (EU H2020)coreEU funded project TINKER for Additive Manufacturing of Automotive RADAR and LiDAR Sensor Packages. PV Nano Cell is a partner in this H2020 funded initiative.
- Notion Systems GmbHcoreStrategic partnership in digital printed electronics announced October 29, 2020. Notion Systems, a leading manufacturer of industrial inkjet systems for functional materials, partnered with PV Nano Cell for non-exclusive collaboration in digital printed electronics applications.
- Profactor GmbHcorePartnership with Profactor GmbH (Steyr, Austria), an applied production research company in industrial assembly, for the eurostars inkjetPCB program focused on printed embedded passive components.
- DigiMan Project ConsortiumcoreEU Horizon 2020 funded DigiMan project (December 2018 - November 2020) developing innovative sensor platforms for agro-industrial applications using digital manufacturing based on printing technologies and nano-material inks. Partners included C.P.C. Solutions Ltd., Fraunhofer IKTS, Fraunhofer ENAS, Kerafol Keramische Folien GmbH & Co. KG, RIIT Ltd. OSTEC Group, Technical University of Chemnitz, and MEPhI.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
PV Nano Cell competitors and assessment
Company assessmentBroad incumbents
- Sun Chemical: Sun Chemical is one of the world's largest producers of printing inks including conductive and functional inks for packaging, electronics, and specialty applications. Comparable as a broad-incumbent ink manufacturer with overlapping technology in conductive inkjet inks for printed electronics.
- Henkel Electronics: Henkel produces conductive inks, conductive adhesives, and specialty materials for electronics manufacturing including automotive and consumer applications. Comparable as an incumbent with broader specialty materials portfolio overlapping with PV Nano Cell's printed electronics offering.
- Agfa-Gevaert: Agfa-Gevaert produces specialty inks, conductive materials, and printed electronics solutions including ORGACON conductive inks for sensors, displays, and solar applications. Comparable as a broad incumbent with overlapping conductive inkjet materials for printed electronics.
- DuPont Electronics & Industrial: DuPont produces a broad portfolio of conductive inks, silver pastes, and printed electronics materials across solar, automotive, and consumer electronics. Comparable to PV Nano Cell as a major incumbent offering conductive inks for similar applications, though with a much larger product portfolio.
Direct peers
- C3Nano: C3Nano develops silver nanowire and copper nano conductive inks for flexible displays, touchscreens, and printed electronics. Directly comparable to PV Nano Cell as a focused nano-inks company targeting similar applications including touchscreens, flexible electronics, and solar.
- InkTec: InkTec develops and manufactures conductive inks, dielectric inks, and nano-particle metal inks for printed electronics, touch panels, and solar applications. Directly comparable to PV Nano Cell with a similar specialty conductive ink portfolio for inkjet printing.
- Heraeus Photovoltaics: Heraeus is a leading global supplier of silver pastes and metallization solutions for solar cells, including HJT and PERC architectures. Directly comparable to PV Nano Cell as both target the same solar cell metallization bottleneck with conductive pastes/inks.
- NovaCentrix: NovaCentrix specializes in silver and copper nano-particle conductive inks and photonic curing equipment for printed electronics applications including solar, RFID, sensors, and PCBs. Directly comparable to PV Nano Cell with similar nanoparticle ink technology targeting solar metallization and printed electronics.
- DK Electronic Materials: DK Electronic Materials is a leading supplier of silver pastes for solar cell metallization, including HJT and TOPCon formulations. Directly competes with PV Nano Cell in the silver solar paste market, particularly for HJT cells requiring low-temperature curing.
Emerging players
- Vorbeck Materials: Vorbeck Materials produces conductive inks including graphene-based formulations for printed electronics, RFID antennas, and flexible circuits. Comparable as an emerging player in specialty conductive inks targeting similar printed electronics applications.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
PV Nano Cell social profiles
Digital presencePV Nano Cell financial estimates
Financial estimateRevenue estimate
Valuation estimate
PV Nano Cell leadership team
Management profileNumber of profiles
Profiles8 records
PV Nano Cell funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PV Nano Cell M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PV Nano Cell
What does PV Nano Cell do?
PV Nano Cell develops and manufactures Sicrys™ single crystal nano-conductive silver and copper inks and pastes for inkjet-based digital printing. The company's products are primarily used in solar cell metallization (HJT and Perovskite cells) and printed electronics applications, and the offering is complemented by DemonJet inkjet printers and complete printing process services including ink optimization, printer parameter setup, and tailored printing instructions.
Is PV Nano Cell a public or private company?
PV Nano Cell is a public company. It is classified as public and is currently operating.
When was PV Nano Cell founded?
PV Nano Cell was founded in 2010. It employs 11 to 50 people.
Where is PV Nano Cell based?
PV Nano Cell is headquartered in Migdal, Israel, in the Middle East region.
How does PV Nano Cell make money?
Four revenue lines are on record. Conductive Inks and Pastes Sales are the primary driver. The others are inkjet Production Printers, complete Printing Process Services and digital Ink Solutions.
Who are PV Nano Cell's main competitors?
Broad incumbents on record are Sun Chemical, Henkel Electronics, Agfa-Gevaert and DuPont Electronics & Industrial. Direct peers are C3Nano, InkTec, Heraeus Photovoltaics, NovaCentrix and DK Electronic Materials. Vorbeck Materials is listed as an emerging player.
Does PV Nano Cell have an API?
No public API is recorded for PV Nano Cell.
What industry is PV Nano Cell in?
PV Nano Cell's product category is Printed Electronics Materials. Its primary akta.pro industry code is IMAEAHAI, Digital & Specialty Inks (Inkjet, UV, Conductive), with a secondary code of EUAMABAD, Solar PV Module Manufacturing (Cells, Modules, Thin-Film). Its NAICS code is 325910 and its SIC code is 2820.