Tag: additive manufacturing
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Velo3D raises $28 million to expand additive manufacturing business
Velo3D has raised $28 million in a Series D funding round, bringing total funding to $138 million. New investors Piva and TNSC joined the round, along with existing investors Bessemer Investment Partners, Playground, and Khosla Ventures. Benny Buller, founder and CEO of Velo3D, says: “With the Velo3D integrated solution of Flow advanced pre-print software, Sapphire…
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Additive manufacturing to generate $100 billion in Asean by 2025, says ThyssenKrupp
ThyssenKrupp has presented a white paper on additive manufacturing (AM) potential in the ASEAN region, titled Additive Manufacturing: Adding Up Growth Opportunities for ASEAN. The white paper provides deep insights and perspectives on the state of additive manufacturing in the ten member countries of ASEAN. There is huge potential for the ASEAN market given its…
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HP and Siemens deepen additive manufacturing alliance
HP and Siemens have announced an expansion of their strategic alliance in industrial additive manufacturing (AM). The two companies will incorporate new systems and software innovations including overall product life-cycle management (PLM), AM factory optimisation and industrial 3D printing. The expanded additive manufacturing solution from Siemens and HP integrates hardware, software, data intelligence, and services…
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The Awesome and Endless Possibilities of Additive Manufacturing
Promoted Additive manufacturing technologies, also known as 3D printing, is a process that allows you to create physical 3-dimensional objects from a computer design file. It could one day be responsible for the second industrial revolution. This technology started small and has continued to transform over the last thirty years and is quickly advancing. One…
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Andretti Autosport applies Stratasys 3D printing to components development
Andretti Autosport is partnering with Stratasys to apply 3D printing systems into its development of new components for its racing cars. The multi-year collaboration agreement between Andretti and Stratasys builds on decades of experience in additive manufacturing technology. Stratasys says its 3D printing machines enable leaders across professional racing to gain a competitive edge.
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DMG Mori boosts its additive manufacturing offer with Intech deal
DMG Mori and Intech have sealed a cooperation deal in the field of additive manufacturing. DMG Mori is taking a 30% stake in the Indian software developer, giving it access to key software and technology know-how for generative production. Intech is considered as a pioneer in metal 3D printing in India. It is committed to additive…
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Essentium closes $22.2 million in Series A funding
Essentium, a provider of 3D printing solutions for industrial additive manufacturing, has closed $22.2 million in Series A funding. The round was led by BASF Venture Capital with participation from Materialise, Genesis Park, and previous seed round investors. BASF Venture Capital Investment Manager, Sven Thate, will join the Essentium board.
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DMG Mori buys stake in Intech for additive manufacturing
DMG Mori and Intech sealed a cooperation deal in the field of additive manufacturing at the “formnext” in Frankfurt am Main, the leading international trade fair for additive manufacturing. The 30% stake in the Indian software developer gives DMG Mori access to key software and technology know-how for generative production. Intech is considered as a…
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Siemens launches additive manufacturing process simulation solution
Siemens has announced a new additive manufacturing (AM) process simulation solution for predicting distortion during 3D printing. The product is fully integrated into Siemens’ end-to-end AM solution, which assists manufacturers in designing and printing parts at scale. Building on Siemens’ comprehensive digital innovation platform and the Simcenter portfolio, the AM Process Simulation solution uses a…
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Beyond prototyping: Scaling up to additive manufacturing for production
By Charlie Wood, manager of computational engineering at Fast Radius Most readers are likely well-acquainted with additive manufacturing – as a rapid prototyping tool, at least. And while many companies believe and perpetuate the myth that AM is only a prototyping tool, innovators in a range of markets (for example, aerospace, healthcare, consumer goods and…