Essentium Inc. yesterday announced that it has entered into a definitive business combination agreement with Atlantic Coastal Acquisition Corp. The Pflugerville, Texas-based additive manufacturing company said it expects use the $346 million in cash from the deal to fund organic growth initiatives. Founded in 2013, Essentium said it develops industrial 3D printing solutions across systems, materials, software, and services “to enable a new distributed and sustainable manufacturing footprint.” The company claimed that its ecosystem can quickly create high-quality parts that…
Essentium Inc. announces the second in a series of findings from independent global research on the current and future use of industrial 3D printing. The survey found that investments in 3D printing at an industrial-scale are paying off, with companies reporting benefits, including high part performance (46%), cost reduction (46%), and speed to part (45%). Changes over the last year showed 3D printing's relevance in manufacturing, according to Essentium. The AM industry stepped in to make quantities of supplies at…
…to a serious alternative for full-scale production? Essentium claims to have goods, touting the results of a recent independent study that shows use of large-scale AM more than doubling over the last year for 70 percent of participating companies. Highlights of the companies’ third annual study also found that the number of companies shifting to AM for full-scale production runs for hundreds, even thousands, of parts has doubled from 7% last year to 14% in 2020. The COVID-19 pandemic contributed…
…partners including Aconity3D, Aon3D, Aurora Labs, EOS, Essentium, ExOne, Open Additive, Photocentric, Plural AM, Renishaw, and SLM Solutions have committed to exploring ways for the HP Universal Build Manager to support their 3D print systems. The company says the open-architecture platform is designed to support interoperability with complementary solutions from leading independent software vendors (ISVs) including Ansys. New factory services To assist in the design and implementation of digital factories featuring HP’s Multi Jet Fusion technology, HP’s enhanced 3D Factory…
…Blake Teipel, Ph.D., CEO and co-founder of Essentium, sponsor of the virtual panel and a provider of industrial 3D printing solutions. “The one question we keep getting asked is is AM ready for prime time and should I use this opportunity to invest in a solution that can help build robustness in my supply chain.” Given that recent events exposed the lack of supply chain resiliency—early shortages of PPE, for example, and lack of available goods such as toilet paper…
Essentium, Inc. has launched all-in-one 3D printing adhesives specifically tailored for Essentium’s portfolio of materials and the Essentium High Speed Extrusion (HSETM) 3D Printing Platform, providing manufacturers with an adhesion solution for industrial-scale 3D printing. Essentium worked with Magigoo, a provider of 3D printing bed adhesive solutions, to improve the bed-adhesion of different engineering-grade polymers. The Essentium 3D Printing Bed Adhesives—powered by Magigoo—are designed to work with heated beds. The adhesives stick the print firmly in place while printing and…
…timely treatment of seriously ill COVID-19 patients. Essentium, an industrial scale 3D printer, recently shifted its Texas operations to manufacture protective face masks kits based designed approved by FDA for emergency use. The company is “now working with the Texas Division of Emergency Management, the Texas Military Department, and other groups at a State level,” according to its press release. “If the need arises, we have the capability to increase production of mask kits that can be delivered with reliable…
…3D printing sector are also stepping up. Essentium, a provider of 3D printing technology, is making 3D printed face masks that meet ASTM Level 2 filtration media guidelines for Sulzer, a company providing critical services to the power, water, and process industries, which was designated an essential business. “The global shortage of masks could have made it challenging for us to remain open,” said Darayus Pardivala, president of Sulzer’s rotating equipment services division, Americas. “Essentium’s ability to produce a quality…
…and production licensing rules. 3D Printing Platforms Essentium’s High Speed Extrusion (HSE) 3D Printing Platform made its U.S. debut at the show. The 3D printing platform offers print speeds greater than 500mm a second by using a non-slip, high torque extruder system and all linear motor. 3D Systems announced June 2019 availability of its Figure 4 Modular Digital Light Printing platform. It also debuted five new materials to roll out soon. SHINING 3D has released the EP-M150 SLM 3D printer,…
Essentium showcased the Essentium High Speed Extrusion (HSETM) 3D Printing Platform in action at RAPID + TCT 2019, making its public debut in the US. Essentium also demonstrated use cases for its electrostatic discharge (ESD) safe 3D printing material, which it says is critical to protect electrostatic-sensitive devices in electronics manufacturing, oil and gas and aerospace industries. Essentium says the HSE 3D printer is up to 10x faster and 5x more accurate than competitive offerings. The 3D printing platform offers…
…NV has partnered with HP, Nikon and Essentium to bring improved productivity and connectivity to additive manufacturing operations. Materialise also announced that it will release a new version of its 3D printing operations management software, Streamics 8 in June 2019, and the availability of Materialise Simulation 2.0 as an optional module with Materialise Magics 23. HP and Materialise Collaborate on Industrial-Scale 3D printing Materialise has expanded its collaboration with HP, developing a new version of its build processor to support…
…released by Dimensional Research and sponsored by Essentium. Nearly all (99%) of survey respondents expect use of 3D printing for production parts to increase significantly over the next three to five years and all see benefits for harnessing 3D printing for large-scale manufacturing runs. Cost savings are viewed as the most significant benefit, cited by 88% of respondents, while most also see 3D printing as a production approach that can open the doors to new market opportunities and use cases.…
