May 2020

Market and Technology News

May 2020

AM Market

Additive Industries

Additive Industries secures €14m in funding to fuel expansion (May 22, 2020)

Dutch 3D printing company Additive Industries has received a €14 million investment from shareholder Highlands Beheer. The metal Powder Bed Fusion (PBF) 3D printer manufacturer will use the capital to expand its product portfolio, accelerate the technology roadmap, and strengthen working capital.

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Kumovis

3D printing vendor Kumovis raises €3.6 million in Series A funding round (May 28, 2020)

3D printing vendor Kumovis has announced the raising of €3.6 million through a Series A funding round. The funding round saw seed investors High-Tech Gründerfonds and Ffilipa Venture Capital joined by Solvay Ventures and Renolit SE in providing financial backing to the German OEM.

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Voxeljet

European Investment Bank and voxeljet AG Further Expand Their Partnership to Bring 3D Printing Into Series Production (June 1, 2020)

European Investment Bank (EIB) and voxeljet AG further expand their partnership to bring, among other things, 3D printing into series production. The next €5 million under the venture debt deal signed with the EIB in 2017 now expected to be disbursed in June 2020.

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Velo3D

Velo3D Raises $28 Million in D Round (April 28, 2020)

Velo3D has raised a total amount of $138 million. VELO3D plans to use the new capital to expand its product portfolio to include more machine options, compatible alloys, and enhanced software and hardware capabilities.

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Nanofabrica

Nanofabrica Raises $4M Leb by Microsoft Investment (May 11, 2020)

Nanofabrica has raised a total amount of $ 7 million. The startup increases the R&D as well as sale activities on this funding round. Nanofabrica is focused on the development of precise parts produced by additive technologies for a range of industrial applications such as semiconductors and medical devices.

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Azul 3D

Azul 3D Takes Down $8 Million in Seed Funding (May 12, 2020)

Azul 3D has raised $5.4 Milion in second stage seed funding.The funding will be used to advance the company’s proprietary high area rapid printing technology, to launch its first commercial printers, prepare for product launch, recruiting senior leadership, and building its manufacturing facility.

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TRIDITIVE

TRIDITIVE becomes the first Spanish company where US Stanley Ventures invests. (May 14, 2020)

TRIDITIVE will open on a 1,700 square meter plot in Siero the largest additive manufacturing plant in Spain for the production of its AMCELL machines, a next-generation 3D Printing platform powered by machine learning.

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AM Technology

Hybrid Manufacturing Technologies

Hybrid Manufacturing Technologies to 3D print parts with ‘injection molding quality’ (May 26, 2020)

Hybrid Manufacturing Technologies (HMT), a specialist in hybrid subtractive-additive systems, has developed a new method of thermoplastic production it calls ‘AXIOM’ – automated extrusion into an open mold. The novel process, which combines 3D printing and the benefits of injection molding, reportedly produces high-strength parts at high speeds with the flexibility of AM.

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UpNano GmbH

Achieved Material Characterization According to ISO for nanometer part range (May 27, 2020)

Vienna (Austria), 27th May 2020 – Manufacturing of cm-sized test specimens for material characterization according to ISO standards has now been achieved for the first time with a technology that allows 3D-printing a feature size of 200 nanometers.

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Falcontech

Falcontech set to ramp up “Super AM Factory” with 50 Farsoon metal 3D printers (May 28, 2020)

Falcontech, a manufacturing service provider for the aerospace industry, has announced that it will be kitting out its “Super AM Factory” with 50 Farsoon metal 3D printing systems.

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Relativity Space

Space start-up Relativity verified its 3D printing process works to build a rocket (May 12, 2020)

Relativity’s rocket development is still on track for its first launch in 2021, despite the coronavirus pandemic that’s begun causing delays within the space industry. Additionally Relativity is “in a really good cash position” to weather the crisis, given that it raised $140 million in October.

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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.