Optomec LENS component repair
Leading global supplier of production grade additive manufacturing systems for metals and electronics, Optomec, has today announced strong sales gains for the end of the last fiscal year.
Reporting an 80% increase in new orders in comparison to 2013, Optomec saw profits for the second half of the year and entered 2015 with more than six months of high-growth backlog.
2014 was a successful year for the company and brought more than 30 new customers with orders of more than 40 industrial 3D printers sold in almost equal amounts from its LENS and Aerosol Jet product lines. The company’s existing customer base plans on substantial production rollouts in the areas of 3D printed antenna for mobile devices and 3D printed sensors for industrial internet applications.
Appealing to industrial manufacturers, Optomec’s open systems strategy, allows additive and conventional manufacturing methods to coexist on the factory floor. The new modular LENS Print Engine (LPE) enables 3D printing of metals to be integrated within a standard CNC machine tool platform providing a lower-cost solution for its customers. Since its introduction in 214, Optomec has sold five of these LPE-based systems.
“Our solid growth in 2014 is testimony to the industry’s desire to embrace additive manufacturing for real production applications that deliver tangible, functional and cost advantages, which has long been its promise,” said Dave Ramahi, Optomec CEO. “Optomec’s ability to meet these customer objectives is due to a unique combination of proven patented technologies, an open architecture business model, and a focus on key industry pain points that our solutions can directly address.”