June 2020

Market and Technology News

June 2020

AM Market

Velo3D

VELO3D raises $12M, for a total of $150M in funding (June 15, 2020)

VELO3D has just revealed it has secured $12 million in funding from new strategic investors. The news follows a recent Series D funding round in April, through which VELO3D raised $28 million. With the recent funding added to the $28 million, VELO3D has raised $40 million in recent months and a grand total of $150 million.

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Nextflex

Nextflex gains $154m in AFRL funding for 3D printing flexible hybrid electronics (June 18, 2020)

Nextflex, a U.S. consortium of companies dedicated to advancing Flexible Hybrid Electronics (FHE) in the 3D printing industry, has entered into a cost-sharing agreement with the Air Force Research Laboratory (AFRL).
The deal will see the U.S. Department of Defense (DoD) provide up to $154m worth of investment over the next seven years, in order to fund the development of 3D printed electronics that can support military operations and defense manufacturing.

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3D Infra

3D Infra successfully closes US$ 1.0 million Pre-Series A funding round (July 7, 2020)

3D Infra Pte Ltd, the parent company of 3D Metalforge Pte Ltd, Asia Pacific’s leading end-to-end metal additive-manufacturing design and printing startup has completed a Pre-Series A financing led by M Venture Partners, with co-investment by SEEDS Capital.

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Evolve Additive

Evolve Additive Solutions set for another round of investment funding (June 30, 2020)

Evolve Additive Solutions, a former subsidiary of Stratasys, has announced that it will be receiving continued support from Stanley Black & Decker (SB&D), an S&P 500 company, in the form of an additional round of funding. SB&D, along with LEGO, initially invested in Evolve back in 2017 when its proprietary STEP (Selective Thermoplastic Electrophotographic Process) technology was just kicking off.

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Made in Space

Made in Space acquired by private equity firm (June 23, 2020)

Jacksonville-based Made in Space, a company’s whose 3D printing technology has made products on the International Space Station, has been acquired by Redwire, a private equity-based venture that has been snapping up space-related businesses.

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AM Technology

Mitsubishi Chemical

Mitsubishi Chemical to Develop PBT 3D Printing Grades (June 15, 2020)

Mitsubishi Chemical Corporation (MCC) and German new materials start-up company, AM Polymers GmbH (AMP) have entered into an exclusive joint development and commercial partnership agreement on polybutylene terephthalate (PBT) powder product for industrial 3D printing.

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BMW

BMW opens new $17 million additive manufacturing facility (June 30, 2020)

BMW has officially opened its new “Additive Manufacturing Campus”. The new centre brings together production of prototype and series parts under one roof, along with research into new 3D printing technologies, and associate training for the global rollout of toolless production.

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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.

Market and Technology News

June 2020

Related topics

Additive Manufacturing start-ups

Additive Manufacturing market by material

Additive Manufacturing market by industry

Additive Manufacturing industrialization

Additive Manufacturing Market By Technology

Additive Manufacturing Market by Region

Metal Additive Manufacturing Market

Polymer Additive Manufacturing Market

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