Kornit Digital

Last updated

Kornit Digital Ltd.
Company type Public
Nasdaq:  KRNT
Industry Printing
Founded2002;22 years ago (2002)
Headquarters
Rosh HaAyin (global)
Englewood, U.S. (Corporate) [1]
Products Direct to garment printers
RevenueIncrease2.svg US$ 179.9 million (2019)
Increase2.svg US$ 5.8 million (2019)
Increase2.svg US$ 19.6 million (2019)
Number of employees
1000+ (2021)
Website kornit.com

Kornit Digital Ltd. is an Israeli-American international manufacturing company. It produces high-speed industrial inkjet printers, pigmented ink and chemical products for the garment and apparel, home goods, textile accessories and decorating industry. [2]

Contents

History

The company was founded in 2002 by a team that previously worked in the digital printing field, at companies such as Scitex and Hewlett-Packard. The company uses the same technology used in digital printing and has applied it to digital textile printing, which has developed more slowly than the field of digital printing. [3]

In 2015, Kornit Digital went public. [4]

In October 2018, Kornit moved its North American operations to a showroom in Englewood, New Jersey. [5]

In August 2020, Kornit Digital announced the acquisition of UK-based global software firm Custom Gateway. [6]

In August 2021, Kornit Digital announced the acquisition of a Massachusetts based multi-material footwear manufacturer Voxel8. [7]

In 2022, Kornit Digital announced the acquisition of Lichtenau, Germany-based Tesoma manufacturer of textile curing solutions. [8]

Products and technologies

Kornit Digital sells direct-to-garment printers of different varieties. [9] Its printers include RIP software customized to each machine.

Kornit's machines use a pre-treatment wetting process that is integrated into the printer, which it calls The PreT System. [10] This enables printing on the garment without manual pre-treatment, by applying a fixation agent automatically on press, immediately prior to the print process. This process makes wet-on-wet printing possible.

The company also provides a process that enables printing on dark garments. [10] This process includes coating finished garments with a white coat of ink created from patented inks formed from CMYK. [11] Kornit's ink plant in Kiryat Gat produces CMYK and white ink for its customers. [12] Kornit systems with a "Hexa" or "HD6" designation supplement CMYK with primary red and green inks for increased color gamut. [13] [14]

Kornit markets its systems as a sustainable alternative to screen printing, dye sublimation, reactive dyes, and other textile print methods; the company's inks have received Oeko-Tex approval in the industry. [15]

In 2019 Kornit released Avalanche Poly Pro, [16] the first digital direct-to-garment print system developed specifically for polyester and poly-blend fabrics, as well as the Presto, a successor to Allegro for the roll-to-roll direct-to-fabric print market. [17] Avalanche Poly Pro was later named "Best Direct-to-Garment Print System" by the European Digital Press Association. [18]

Corporate affairs

Leadership

Ofer Ben Zur was Kornit CEO from its founding in 2002 until 2014, when he was succeeded by Gabi Seligsohn; Ben Zur remained as Chief Technology Officer. [19] Ronen Samuel, formerly of HP Indigo, succeeded Seligsohn as CEO in June of 2018.

Locations

Kornit Digital's global headquarters are located in Rosh HaAyin, Israel. [20]

Kornit Digital's Asia-Pacific operations (KDAP) are based in Kowloon City, Hong Kong and Shanghai, China. Ilan Elad is KDAP President. [21]

Kornit Digital's Europe operations (KDEU) are based in Düsseldorf, Germany. [22] Chris Govier is KDEU Managing Director. [23]

Kornit Digital's Americas operations (KDAM) are based in Englewood, New Jersey, USA. Ilan Elad is KDAM President. [24]

Related Research Articles

<span class="mw-page-title-main">Cyan</span> Color visible between blue and green on the visible spectrum; subtractive (CMY) primary color

Cyan is the color between blue and green on the visible spectrum of light. It is evoked by light with a predominant wavelength between 500 and 520 nm, between the wavelengths of green and blue.

<span class="mw-page-title-main">Screen printing</span> Printing technique

Screen printing is a printing technique where a mesh is used to transfer ink onto a substrate, except in areas made impermeable to the ink by a blocking stencil. A blade or squeegee is moved across the screen to fill the open mesh apertures with ink, and a reverse stroke then causes the screen to touch the substrate momentarily along a line of contact. This causes the ink to wet the substrate and be pulled out of the mesh apertures as the screen springs back after the blade has passed. One colour is printed at a time, so several screens can be used to produce a multi-coloured image or design.

<span class="mw-page-title-main">Printmaking</span> Process of creating artworks by printing, normally on paper

Printmaking is the process of creating artworks by printing, normally on paper, but also on fabric, wood, metal, and other surfaces. "Traditional printmaking" normally covers only the process of creating prints using a hand processed technique, rather than a photographic reproduction of a visual artwork which would be printed using an electronic machine ; however, there is some cross-over between traditional and digital printmaking, including risograph.

<span class="mw-page-title-main">CMYK color model</span> Subtractive color model, used in color printing

The CMYK color model is a subtractive color model, based on the CMY color model, used in color printing, and is also used to describe the printing process itself. The abbreviation CMYK refers to the four ink plates used: cyan, magenta, yellow, and key (black).

<span class="mw-page-title-main">Laser printing</span> Electrostatic digital printing process

Laser printing is an electrostatic digital printing process. It produces high-quality text and graphics by repeatedly passing a laser beam back and forth over a negatively charged cylinder called a "drum" to define a differentially charged image. The drum then selectively collects electrically charged powdered ink (toner), and transfers the image to paper, which is then heated to permanently fuse the text, imagery, or both, to the paper. As with digital photocopiers, laser printers employ a xerographic printing process. Laser printing differs from traditional xerography as implemented in analog photocopiers in that in the latter, the image is formed by reflecting light off an existing document onto the exposed drum.

<span class="mw-page-title-main">Dye-sublimation printing</span> Digital printing technology with wide color range

Dye-sublimation printing is a term that covers several distinct digital computer printing techniques that involve using heat to transfer dye onto a substrate.

<span class="mw-page-title-main">T-shirt</span> Style of inexpensive fabric shirt

A T-shirt is a style of fabric shirt named after the T shape of its body and sleeves. Traditionally, it has short sleeves and a round neckline, known as a crew neck, which lacks a collar. T-shirts are generally made of stretchy, light, and inexpensive fabric and are easy to clean. The T-shirt evolved from undergarments used in the 19th century and, in the mid-20th century, transitioned from undergarments to general-use casual clothing.

<span class="mw-page-title-main">Giclée</span> Fine art ink jet prints produced from digital files or artwork.

Giclée describes digital prints intended as fine art and produced by inkjet printers. The term is a neologism, ultimately derived from the French word gicleur, coined in 1991 by printmaker Jack Duganne. The name was originally applied to fine art prints created on a modified Iris printer in a process invented in the late 1980s. It has since been used widely to mean any fine-art printing, usually archival, printed by inkjet. It is often used by artists, galleries, and print shops for their high quality printing, but is also used generically for art printing of any quality.

<span class="mw-page-title-main">Thermal-transfer printing</span> Digital printing method

Thermal-transfer printing is a digital printing method in which material is applied to paper by melting a coating of ribbon so that it stays glued to the material on which the print is applied. It contrasts with direct thermal printing, where no ribbon is present in the process.

Prepress is the term used in the printing and publishing industries for the processes and procedures that occur between the creation of a print layout and the final printing. The prepress process includes the preparation of artwork for press, media selection, proofing, quality control checks and the production of printing plates if required. The artwork is quite often provided by the customer as a print-ready PDF file created in desktop publishing.

Hexachrome is a discontinued six-color printing process designed by Pantone. In addition to custom CMYK inks, Hexachrome uses orange and green inks to expand the color gamut for better color reproduction. It is therefore also known as a CMYKOG process.

Color printing or colour printing is the reproduction of an image or text in color.

<span class="mw-page-title-main">HP Indigo Division</span> Graphical printing division of HP Inc

HP Indigo Division is a division of HP Inc.'s Graphic Solutions Business. It was founded in 1977 in Israel and acquired by Hewlett-Packard in 2001. HP Indigo develops, manufactures and markets digital printing solutions, including printing presses, proprietary consumables/supplies and workflow solutions. HP Indigo has offices around the world, with headquarters in Ness Ziona, Israel.

<span class="mw-page-title-main">Textile printing</span> Method for applying patterns to cloth using printing techniques

Textile printing is the process of applying color to fabric in definite patterns or designs. In properly printed fabrics the colour is bonded with the fibre, so as to resist washing and friction. Textile printing is related to dyeing but in dyeing properly the whole fabric is uniformly covered with one colour, whereas in printing one or more colours are applied to it in certain parts only, and in sharply defined patterns.

<span class="mw-page-title-main">Transfer paper</span> Type of paper

Transfer paper is used in textiles and arts and crafts projects. Transfer paper is a thin piece of paper coated with wax and pigment. Often, an ink-jet or other printer is used to print the image on the transfer paper. A heat press can transfer the image onto clothing, canvas, or other surface. Transfer paper is used in creating iron-ons. Transfer papers can also be used for the application of rhinestones to clothing and other arts and crafts projects.

Direct-to-garment printing (DTG) is a process of printing on textiles using specialized aqueous ink jet technology. DTG printers typically have a platen designed to hold the garment in a fixed position, and the printer inks are jetted or sprayed onto the textile by the print head. DTG typically requires that the garment be pre-treated with a PTM or pre-treatment machine, allowing for the following:

Digital textile printing is described as any ink jet based method of printing colorants onto fabric. Most notably, digital textile printing is referred to when identifying either printing smaller designs onto garments and printing larger designs onto large format rolls of textile. The latter is a growing trend in visual communication, where advertisement and corporate branding is printed onto polyester media. Examples are: flags, banners, signs, retail graphics.

<span class="mw-page-title-main">Electronics for Imaging</span> American technology company

Electronics for Imaging, Inc. (EFI) is an international company based in Silicon Valley that specializes in digital printing technology. Formerly located in Foster City, California, the company is now based in Fremont. On July 1, 2015, EFI entered the textile printing marketing with the acquisition of Italian digital textile company Reggiani Macchine. On June 16, 2016, EFI acquired Optitex, a 3D digital workflow provider.

<span class="mw-page-title-main">Benny Landa</span> Israeli entrepreneur and inventor (born 1946)

Benny Landa is an Israeli entrepreneur and inventor. He founded Indigo Digital Press in 1977 and The Landa Group in 2003. In the print production industry, Landa has been called the "father of commercial digital printing."

Direct-to-film printing (DTF) is a process of printing on textiles. The process involves the direct transfer of a design by first printing it on a special film and then using a heat press to transfer the design to a garment.

References

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  2. Print Week. http://www.printweek.com/news/990391/Kornit-Digital-moves-Europe/?DCMP=ILC-SEARCH Archived 29 September 2011 at the Wayback Machine
  3. Ofer Ben-Zur, Founder at Kornit Digital Ltd. - Relationship Science
  4. "Kornit Digital Ltd. Ordinary Shares (KRNT)". NASDAQ.com. Retrieved 30 March 2017.
  5. Central, A. S. I. (5 October 2018). "Kornit Digital Opens North American Headquarters". www.asicentral.com. Retrieved 25 November 2019.
  6. "Kornit Digital buys UK co Custom Gateway". en.globes.co.il (in Hebrew). 12 August 2020. Retrieved 14 August 2020.
  7. "Kornit Digital Acquires Voxel8, Expanding Additive Manufacturing Technology Portfolio for Next Generation of Sustainable On-Demand Textile Production | Kornit Digital". ir.kornit.com. Retrieved 9 December 2021.
  8. "Home".
  9. Israel High-Tech and Investment Report http://ishitech.co.il/0407ar8.htm
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  11. "Method for image printing on a dark textile piece" (PDF).
  12. Printwear Magazine. http://printwearmag.com/article/state-industry-report
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  14. Terry, Debbie (31 July 2018). "Kornit Avalanche HD6". Adelco Screen Process Ltd. Retrieved 25 November 2019.
  15. Indian Textile Journal. http://www.indiantextilejournal.com/corporate/CUdetails.asp?id=894
  16. "Kornit unveils Avalanche Poly Pro Industrial Polyester Printer". Graphic Arts Magazine. 5 April 2019. Retrieved 25 November 2019.
  17. "Kornit Digital Launches Kornit Presto". Covering the Printing Inks, Coatings and Allied Industries - Ink World. Retrieved 25 November 2019.
  18. "Kornit's Avalanche Poly Pro Wins EDP Award for DTG". Wide-format Impressions. Retrieved 25 November 2019.
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  20. "LinkedIn Company Profile: Kornit Digital". LinkedIn.
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  22. "Kornit Digital Düsseldorf Office". Glassdoor. Retrieved 4 August 2020.
  23. Ltd, Kornit Digital (14 May 2019). "Industry veteran Chris Govier joins Kornit Digital as Managing Director, Europe". GlobeNewswire News Room. Retrieved 9 December 2020.
  24. "Chuck Meyo, Kornit Digital Ltd: Profile and Biography". www.bloomberg.com. Retrieved 4 August 2020.