Market News |
NUBURU |
NUBURU closes USD 20 million series B funding round to expand market leadership in blue wavelength industrial lasers (December 3, 2020) |
NUBURU, a player in high power blue laser technology, has raised USD 20 million to further develop its industrial product line and establish within the energy storage, e-mobility and 3D-printing market. Its blue lasers are used for metal processing of materials such as copper or aluminium. |
Read more (external link) |
PrinterPrezz |
PrinterPrezz completes USD 16 million series A funding (December 8, 2020) |
PrinterPrezz, a medical technology company combining polymer and metal 3D-printing and nano technologies for medical devices, raised USD 16 million in a series A funding. The funding will be used to ramp up the development of its custom materials and innovate new additive medical devices for their clinical customers. |
Read more (external link) |
Stratasys |
Stratasys acquires 3D-printing start-up Origin Inc. for USD 100 million (December 9, 2020) |
Stratasys signed an agreement to acquire Origin Inc. for up to USD 100 million, including cash and stock. The consolidation enables Stratasys to enter the segment of Area-Wise Vat Photopolymerization with a new technology platform. |
Read more (external link) |
Branch Technology |
Branch Technology raises USD 11 million to grow fleet of construction 3D printers (December 9, 2020) |
Branch Technology focuses on large-scale 3D-printing of polymer lattice structures. The process relies on industrial robotic arms outfitted with polymer extruders and attached to massive rails, resulting in a freeform 3D printing system. Branch Technology intends to expand both its fleet of 3D printers and team. |
Read more (external link) |
Meta Additive |
Meta Additive secures GBP 1.2 million to advance Binder Jetting technology (December 18, 2020) |
Meta Additive, a spin out from the University of Liverpool, has received a GBP 1.2 million Innovate UK Smart grant. The grant will be used to further advance their Binder Jetting process for mass manufacturing, including the development of new binding agent formulations. |
Read more (external link) |
Lockheed Martin |
Lockheed Martin to aquire Aerojet Rocketdyne for USD 4.4 billion (December 20, 2020) |
Lockheed Martin has entered a definite agreement to acquire Aerojet Rocketdyne. The transaction is expected to close in the second half of 2021. The acquisiton will add expertise to Lockheed Martin’s portfolio while building on the foundation of Lockheed Martin and Aerojet Rocketdyne. |
Read more (external link) |
Technology News |
Ricoh |
Ricoh develops Binder Jet process for aluminium part production (December 1, 2020) |
Ricoh has developed a binder material that allows for the exemplary use of aluminium powders in Binder Jetting processes. Whilst achieving tensile strength and stretch values comparable to pure aluminium material, further research will be carried out to expand the range of alloys usable. |
Read more (external link) |
Impact Innovations |
Impact Innovations develops cold spray AM process for Ti6Al4V (December 14, 2020) |
Impact Innovations, leading technology provider for industrial cold spray systems and processes, has developed a cold spray AM process for Ti6Al4V using nitrogen gas as the propellant. The achievement of low porosity levels and good mechanical properties enables the use of cold spray AM with Ti6Al4V for large parts. |
Read more (external link) |
Related topics
Additive Manufacturing market by material
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
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
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
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
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.
©Copyright 2023 AMPOWER GmbH & Co. KG. All rights reserved.