November 2020

Market and Technology News

November 2020

Market News

Create it REAL

Create it REAL raises EUR 3.1 million to accelerate market expansion (November 2, 2020)

The Danish 3D-printing solution provider Create it REAL raises EUR 3.1 million in a financing round led by Investo Capital. Create it REAL intends to use the funding to expand its global presence and create partnerships to enhance the adoption of 3D-printing.

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ExOne

ExOne joins additive manufacturing consortium to develop oil and gas and maritime quality standards (November 5, 2020)

ExOne is joining a consortium led by DNV GL which aims at developing an industry-accepted guideline for quality assurance of AM parts. Currently, the consortium expands its effort to incorportate further AM technologies such as Binder Jetting.

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U.S. Department of Energy

The U.S. Department of Energy announces USD 16 million in funding for phase 1 of ultra-high temperature materials program ULTIMATE (November 18, 2020)

The project partners, including GE Research and Oak Ridge National Laboratory, will develop ultra-high temperature materials to be operated between 1300°C and 1800°C for gas turbine use in the aviation and power generation industries.

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Relativity Space

Relativity Space closes USD 500 million Series D funding round led by Tiger Global Management (November 23, 2020)

The 3D-printing rocket manufacturer Relativity Space intends to further advance its technologies and focus on production and infrastructure expansion projects. According to CNBC, Relativity’s valuation has risen to USD 2.3 billion making it the second most valuable private space company in the world.

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Firehawk Aerospace

Firehawk Aerospace closes USD 2 million funding round for next generation 3D-printed rocket engines (November 24, 2020)

Firehawk Aerospace, a rocket propulsion start-up, develops hybrid rocket engines through a patented 3D-printed rocket fuel. The funds will be used for testing at operational scale and to expand partnerships and research and manufacturing facilities.

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Ivaldi

Ivaldi takes leading role in Phase II joint industry programme for AM spare parts for Singapore’s maritime industry (November 30, 2020)

The joint industry programme aims to identify the potential of AM for maritime parts by printing, certifying and installation on onboard vessels. Research companies include inter alia Wilhelmsen and Thyssenkrupp.

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Technology News

SLM Solutions

SLM Solutions launches 12-laser LB-PBF machine (November 10, 2020)

During the virtual Formnext 2020, SLM Solutions announced its new 12-laser LB-PBF machine named NXG XII 600. The machine is equipped with 12 lasers with 1 KW each and a square build envelope of 600x600x600 mm. According to SLM Solutions, the machine is commercially available now.

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Desktop Metal

Desktop Metal launches Live Sinter™ software application to make sintering of metal AM parts predictable and repeatable (November 6, 2020)

Live Sinter™ simulates the forces and deformation parts are exposed to during sintering including factors like gravity drop, shrinkage pull, friction trip up, centroid rotation and density warp. Building on these information, it creates a “negative offset” geometry to compensate for the distortion facilitating a defect-free part.

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Fehrmann Alloys

Fehrmann Alloys introduces high-performance aluminum alloy at Formnext (November 10, 2020)

The new high-performance aluminum alloy for 3D-printing (AlMgty-90) offers increased strength with approximately 25% higher hardness compared with its predecessor aiming at increasing productivity while reducing material cost and production time.

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NanoAL

NanoAL launches versatile aluminum alloy for metal laser 3D-printing (November 16, 2020)

The Addalloy® 5T powder is composed of a uniform alloy of spherical morphology economically improving powder spreadability and recovery during printing. The high-performance aluminum alloy results in parts with high strength and ductility.

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Go back to the news overview

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.