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August of 2021 noticed the completion of the Tokyo Olympics, with 3D printing expertise making a number of appearances on the world stage. Desktop Steel introduced plans to purchase out binder jetting rival ExOne in one of many greatest additive manufacturing acquisitions of the 12 months. Arevo, Zetwerk, and ICON every yielded main funding information and the UAE’s Sheikh Mohammed issued a decree to manage development 3D printing in Dubai.
Additive manufacturing on the Tokyo Olympics
The Tokyo Olympics ran from 23 July – 8 August 2021, and we noticed an entire host of 3D printing functions supporting Olympians from all 4 corners of the globe. Automotive producer Hyundai Motor Group 3D printed a set of bow grips for the Korean archery workforce, serving to them take dwelling gold within the males’s, ladies’s, and blended workforce classes at this 12 months’s video games.
Elsewhere, aluminum specialist Fehrmann Alloys 3D printed a rudder blade suspension that helped propel the Australian crusing workforce to victory. The half was manufactured utilizing Fehrmann’s high-performance AlMgty alloy on the request of Hamburg-based boatyard Ziegelmayer, a number one producer of Olympic sailboats within the 470 class.
Over within the paralympic area, 3D printing service supplier 3D Verkstan used carbon fiber 3D printing expertise from Markforged to supply customized sports activities tools for para-athletes. The corporate helped design, 3D print, and check prototype elements for a tandem cycle drivetrain for a blind bicycle owner and her sighted race pilot.
Desktop Steel to accumulate ExOne
When it got here to buyout information, 3D printer producer Desktop Steel got here out on prime when it entered right into a definitive settlement to purchase rival binder jetting agency ExOne. The deal was finalized in This fall 2021, with Desktop Steel paying ExOne shareholders $192 million in money and $383 million in shares, valuing the agency at $575 million. Each firms acknowledged that they finally anticipated the transaction to enhance binder jetting adoption charges, serving to the expertise develop to extra large-volume shoppers.
“I’m very enthusiastic about this mix, which I consider will dramatically speed up the adoption of manufacturing metallic additive manufacturing,” defined John Hartner, CEO of ExOne. “This mixture brings collectively two of the trade’s leaders, that mixed, will remedy prospects’ challenges sooner and produce the fact of manufacturing metallic additive ahead by years.”
Funding information from Arevo, Gelato, Zetwerk, and ICON
In August, composite 3D printing firm Arevo closed a $25 million financing spherical led by Khosla Ventures and Founders Fund. The information got here because the agency additionally accomplished the development of the world’s largest steady carbon fiber 3D printing facility so far. Geared up with 70 of the agency’s delivery container-sized Aqua 2 3D printers, the ability is about to help Arevo in manufacturing elements for bicycles, e-bikes, e-scooters, and different shopper merchandise.
“After introducing Aqua 2 final 12 months (4x sooner than Aqua 1), we centered on producing and working these programs at scale,” mentioned Sonny Vu, CEO of AREVO. “Now with a complete of 76 programs cloud-connected and working at our varied places, now we have accomplished our first part of industrializing.
Elsewhere, on-demand manufacturing service supplier Zetwerk raised $150 million to grow to be one in all India’s newest enterprise unicorns. The funding, which took the agency’s complete worth to $1.33 billion, will probably be used to put money into new applied sciences and develop the agency’s world attain. Zetwerk goals to raised handle Western producers encountering provide chain points in the course of the pandemic.
“Zetwerk helps enterprises navigate the shift to digital manufacturing amidst quickly altering world provide chains,” defined Amrit Acharya, CEO of Zetwerk. “During the last 12 months, greater than 100 western firms have moved their provide chains to India through Zetwerk, throughout industrial and shopper merchandise.”
Over within the development 3D printing sector, Texan agency ICON raised $207 million to take its complete funding raised as much as $266 million. The corporate mentioned it could use the capital to assist “deliver housing and development into the trendy world”, advancing its concrete printing expertise, scaling its manufacturing capability, and increasing its workforce of engineers and designers.
“Since our unveiling in 2018, ICON’s main work has been maturing its expertise from prototype to dependable, ready-for-the-world services and products,” mentioned Jason Ballard, CEO of ICON. “This has required dozens of basic engineering, scientific and architectural breakthroughs, and we’re very pleased with the place we’re at this time. We need to flip up the rate in a significant approach and are able to scale.”
Sheikh Mohammed appears to be like to manage development 3D printing in Dubai
Lastly, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates (UAE), issued a decree to manage the usage of 3D printing expertise in Dubai’s development sector.
Decree No. 24 of 2021 was introduced in to help the area’s goal of making certain {that a} quarter of its newly constructed buildings are constructed utilizing 3D printing expertise by 2030. The brand new laws additionally goals to advertise Dubai as a regional and world hub for 3D printing expertise and kinds a part of a broader plan to spur financial development and the adoption of superior manufacturing applied sciences within the emirate.
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Featured picture exhibits the Desktop Steel Store System. Photograph through Desktop Steel.
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