September 2020

Market and Technology News

September 2020

Market News

3YOURMIND

3YOURMIND Closes USD 5.5 million Series A+ Investment (September 7, 2020)

A number of investors invest USD 5.5 million in 3YOURMIND. This investment supports not only 3YOURMIND’s further growth in sectors such as aerospace, automotive and engineering, but also strengthens its position in the energy industry and infrastructure maintenance.

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nTopology

nTopology raised $40M to drive the future of engineering (September 14, 2020)

Insight Partners led the Series C investment of USD 40 million to advance the development of their software. The nTop Platform is software specialised to solve the challanges that come with the design in additive Manufacturing.

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Nexa3D

Nexa3D Collaborates with Industry Partners to Accelerate Sustainable AM and Industry 4.0 Adoption (September 16, 2020)

Nexa3D, has partnered with Royal DSM to speed up the adoption of sustainable additive manufacturing and production. The partnership will fast track the availability of Nexa3D’s Quantum Laser Sintering (QLS) 350 systems with DSM’s sustainable laser sintering powders for series production.

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Fortify

Fortify Begins FLUX ONE Printer Shipments (September 23, 2020)

3D printing startup Fortify, announced that it has started shipping FLUX ONE printers to customer sites. The company launched the 3D printing platform in March.

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Thyssenkrupp

thyssenkrupp and Wilhelmsen solidify partnership to leverage Additive Manufacturing solutions for maritime industry (Spetember 28, 2020)

With the signing of the Letter of Intent to establish a Joint Venture, thyssenkrupp and Wilhelmsen will collaborate on delivering maritime spare parts using 3D printing. Combining the AM knowledge of thyssenkrupp with the maritime expertise of Wilhelmsen.

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LightFOrce Orthodontics

LightForce Orthodontics raises $14M in latest round of Series B funding (September 10, 2020)

LightForce Orthodontics, a provider of custom 3D printed orthodontic brackets, has raised $14M in its latest round of Series B funding. LightForce’s 3D printing technology is commonly used by orthodontists to produce custom individualized braces for patients, resulting in a reduced number of follow-on visits for bracket adjustments.

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Technology News

Freemelt AB

Freemelt unveils ProHeat, new E-PBF preheating solution (September 29, 2020)

Swedish company Freemelt AB has unveiled its latest solution, ProHeat, a system for preheating the powder bed in electron beam powder bed fusion (E-PBF) 3D printers.

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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.