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|Traded as||(NASDAQ: KRNT)|
|Products||Direct to garment printers|
|Revenue||US$ 179.9 million (2019)|
|US$ 5.8 million (2019)|
|US$ 19.6 million (2019)|
Number of employees
Kornit Digital is an international manufacturing company based in Israel. It produces high-speed industrial inkjet printers, and pigmented ink and chemical products for the garment and apparel, home goods, and textile accessories decorating industry. Kornit Digital has offices in Israel, Hong Kong, US, and Germany. 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. Ronen Samuel, formerly of HP Indigo, succeeded Seligsohn as CEO in June of 2018.
The company was founded in 2002 by a team that previously work in the digital printing field, in 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.
In 2015 Kornit Digital went public.
In August 2020, Kornit Digital announced the acquisition of UK-based global software firm Custom Gateway.
Products and technologies
Kornit Digital sells direct-to-garment printers of different varieties. 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. 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. This process includes coating finished garments with a white coat of ink created from patented inks formed from CMYK. Kornit's ink plant in Kiryat Gat produces CMYK and white ink for its customers. Kornit systems with a "Hexa" or "HD6" designation supplement CMYK with primary red and green inks for increased color gamut.
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.
Key systems debuted:
- 2004: Kornit Storm
- 2005: Kornit Avalanche
- 2012: Konit Allegro
- 2014: Kornit Avalanche 1000
- 2014: Kornit Avalanche Hexa
- 2017: Kornit Avalanche R-Series (introduced recirculating print heads)
- 2017: Kornit Vulcan
- 2018: Kornit Avalanche HD6/HDK
- 2018: Kornit Storm HD6
- 2019: Kornit Atlas
- 2019: Kornit Presto
In 2019 Kornit released Avalanche Poly Pro, 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. Avalanche Poly Pro was later named "Best Direct-to-Garment Print System" by the European Digital Press Association.
Headquarters and branches
Kornit Digital's Americas operations (KDAM) are based in Englewood, New Jersey, USA. Chuck Meyo is KDAM President.
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