March 2021

Market and Technology News

March 2021

Market News

Additive Manufacturing Technologies

Additive Manufacturing Technologies (AMT) closes GBP 2.5 million funding round (March 3, 2021)

The latest funding led by NPIF-Mercia Equity Finance raises the total amount raised by AMT to more than GBP 7 million. The funding will support AMT in unlocking the full potential of industrial AM and its sustainability through product development and company growth.

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AM Ventures

AM Ventures launches EUR 100 million venture capital fund for industrial AM (March 08, 2021)

AM Ventures, along with its major shareholder the Langer Group, has partnered with KGAL. The fund of EUR 100 million is expected to strengthen seed and early-growth stage hardware, software, materials and applications in global AM.

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Fortify

Fortify secures USD 20 million in Series B funding led by Cota Capital (March 18, 2021)

The funding round was led by Cota Capital and received participation from Accel Partners, Neotribe Ventures, and Prelude Ventures. Fortify intends to transition to volume manufacturing of its Flux Series 3D printers as well as focus on high-value application areas and high-value material development programs.

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ValCUN

ValCUN raises EUR 1.5 million for advancement of energy-efficient 3D metal printing (March 22, 2021)

The Belgian start-up is developing an unique 3D metal printing technology. Based on a non laser-based heating input, energy and cost savings are facilitated whilst shape requirements for filler materials are eliminated. ValCUN aims to expand towards the automotive, energy and robotics industry.

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Velo3D

Velo3D becomes public company at an enterprise value of USD 1.6 billion (March 23, 2021)

Velo3D and JAWS Spitfire Acquisition Corporation have entered into a definite business combination agreement. The transaction values the combined company at an enterprise value of approximately $1.6 billion and is expected to occur in the second half of 2021.

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SLM Solutions

SLM Solutions to achieve 26% revenue growth in FY 2020 (March 25, 2021)

SLM Solutions has generated revenues of EUR 61.8 million in 2020, representing a 26% revenue growth. For 2021, a revenue growth of at least 15% compared to 2020 is expected. The successful commercialization of the NXG XII 600 is considered a business growth driver for the upcoming years.

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Technology News

Desktop Metal and Uniformity Labs

Desktop Metal and Uniformity Labs announce new aluminium powder for Binder Jetting (March 11, 2021)

The companies have developed a powder that enables sintering of unadulterated 6061 aluminium for binder jetting AM technology. The powder shows significant improvements over previous techniques used to sinter aluminium and enables compatibility with water-based binders.

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Wayland Additive

Wayland Additive launches NeuBeam® metal AM technology (March 18, 2021)

Wayland Additive has launched Calibur3 using its NeuBeam® metal AM technology. NeuBeam®, which is based on Electron Beam Powder-Bed Fusion, facilitates the production of fully dense parts in a variety of materials showing improved metallurgy. Differing from traditional electron- and laser-based processes, processing of refractory metals and highly reflective alloys is made possible.

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Related topics

Additive Manufacturing start-ups

30. April 2020

Additive Manufacturing is a highly dynamic and innovative industry. This leads to start-ups that form the technology landscape. Emerging mostly from university background, start-ups are most active in area of system development. Other fields include software, materials and applications.

Additive Manufacturing market by material

6. November 2019

The metal Additive Manufacturing material market is expected to almost tripple in feedstock use in the next five years. Regardless the high growth, the feedstock accounts for only a very small fraction of the worldwide metal material market. Most of the alloy consumption in AM is driven by high end applications in aviation and medical. Thus, high strength and high temperature alloys are taking large shares.

Additive Manufacturing market by industry

30. October 2019

Many different industries have successfully adopted metal Additive Manufacturing. Medical and dental can be regarded as pioneering industry with serial productions starting in the early 2000s. Other industries, especially aerospace continue to play a strong part in metal Additive Manufacturing.

Additive Manufacturing industrialization

29. October 2019

Over 18 different metal AM technologies are currently known, which are in highly different stages of maturity. Processes like Powder Bed Fusion or Powder Laser Deposition are well-established in multiple industries and used in qualified productions of serial parts. Other AM technologies have just been introduced into the market or are still in a phase of development.

Additive Manufacturing Market By Technology

29. October 2019

The metal Additive Manufacturing technology market will face large shifts in distribution and usage of AM principles due to new and upcoming technologies entering the market. Today, the large majority of machines sold and used are Laser Beam Powder Bed Fusion systems. However, technologies such as Binder Jetting or Wire Arc Deposition will significantly increase their market share over the next 5 years.

Additive Manufacturing Market by Region

29. October 2019

At the early days of metal Additive Manufacturing, Germany was the leading market region with its first movers in LB-PBF technology CONCEPT LASER (now GE), EOS, REALIZER (now DMG MORI) and SLM SOLUTIONS. Hence, many pioneering users were located in Germany and Europe. By now, however, the market share is more evenly distributed with suppliers and buyers from all over the major industrial regions.