[ad_1]
Optomec, provider of options for 3D printed electronics and 3D printed metallic, reported a pointy enhance in bookings throughout fiscal yr 2021, together with practically 60% development in new orders for its proprietary Aerosol Jet and LENS industrial printers. The steep rise in current gross sales places enterprise exercise nicely forward of pre-pandemic ranges, the place Optomec had already skilled 50% development in 2019 and takes the whole put in base to almost 600 machines throughout greater than 250 clients.
“After an admittedly sluggish begin to 2021, coincident with the worldwide spike in COVID severity, gross sales rapidly recovered within the second quarter and remained at a strong degree by means of year-end, regardless of the lag in restoration for traditionally fruitful business aviation and worldwide markets,” mentioned David Ramahi, Optomec CEO. “Whereas a lot of this exercise was born of long-standing relationships with manufacturing clients, the relative energy of our broader pipeline makes us optimistic that the expansion pattern will proceed into 2022 and past.”
The corporate’s excessive development in 2021 bookings is being pushed by repeat gross sales into pre-existing manufacturing clients and main accounts, together with a Fortune 50 firm that invested $1M for two further additive electronics programs (concentrating on wearables) and two Fortune 500 corporations investing respectively $3M for 12 additive electronics programs (semiconductor pkg) and for his or her 4th additive electronics system (cell units). Different gross sales went to the DOD ($3.5M for 3 further LENS metallic printers for manufacturing restore), US Navy ($1M for two further additive electronics programs) and allied Navy ($1.3M for two metallic printers for spare half manufacturing). Yet one more $1.2M LENS metallic 3D printer, went to a Tier 1 aerospace firm (now totaling 10 put in programs for manufacturing restore in aviation.
“We’re additional inspired by the purely natural nature of our development, the sturdy uptake of newly launched merchandise developed during the last yr, and the truth that we had been capable of preserve profitably all through the downturn and set the stage for margin enchancment shifting ahead. These developments reaffirm the differentiated and strategic nature of our choices, with their confirmed excessive ROIs and distinctive capability to ship unparalleled efficiency beneficial properties.” Ramahi continued.
Optomec is a privately-held, quickly rising provider of Additive Manufacturing programs. Optomec’s patented Aerosol Jet Programs for printed electronics, and LENS and Huffman model 3D Printers for metallic part manufacturing and restore, are utilized by business to scale back product price and enhance efficiency. Collectively, these distinctive printing options work with the broadest spectrum of useful supplies, starting from digital inks to structural metals and even organic matter. Optomec has now delivered greater than 600 of its proprietary Additive Manufacturing programs to greater than 250 marquee clients all over the world, for manufacturing purposes within the electronics, power, life sciences and aerospace industries. Our customers embody numerous blue-chip manufacturing corporations, akin to GE, Samsung, Raytheon, Siemens, Lockheed and LiteOn, in addition to the US Air Power, US Navy, US Military and NASA.
[ad_2]
