Together, Farsoon and Deep Blue Aerospace have been working to deliver higher yield with reduced costs in the additive manufacture of large-size parts exceeding 600mm.
The cost reduction measures, which also include consolidation of facility footprint and product rationalisation, have been implemented in a bid to ‘accelerate the company's path to profitability.’
The UK-based electron beam 3D printing specialist says the funding will be used to enable the growth of its global customer base and increase its in-house production capacity for its Calibur3 metal AM systems.
Described as a ‘pivotal step’ in the Los Angeles-based company’s expansion, the investment aims to support 3DEO’s growth strategies in North America and Japan.
GA-ASI, a developer of unmanned aircraft systems and a prime contractor to the US Department of Defense, will now put the aerospace-grade structural titanium components through testing and evaluation.
Damiano Zito, CEO of Progold, said XJet’s NanoParticle Jetting technology, a direct material jetting process that uses "ink" instead of powders, “fits the needs of the luxury market perfectly.”
O’Leary has occupied the role of CEO since January 2021 having replaced predecessor Meddah Hadjar, and is credited with ‘achieving significant growth and forging strong relationships with key customers’ in that time.
NCMT Limited has announced the signing of an exclusive distribution agreement with Tritone Technologies, a 3D printing company specialising in metal and ceramic applications. The partnership will expand Tritone’s presence in the UK and Ireland.
Accuron Technologies, a precision engineering and technology group based in Singapore, has made a further investment in wire arc additive manufacturing company WAAM3D.