Optomec Announces 70% Growth in Q2 Bookings from Production 3D Printing Solutions

New Products for 3D Printed Metals and 3D Printed Antenna/Sensors Seeing Strong Demand from Industry

ALBUQUERQUE, N.M. — (BUSINESS WIRE) — August 12, 2014 — Optomec, a leading global supplier of production grade additive manufacturing systems for 3D printed metals and printed electronics, today announced performance results for its first half ending June 30, 2014. The Company reported strong growth for both its LENS® 3D Printers for Structural Metals and Aerosol Jet® Systems for 3D Printed Electronics, with bookings up 45% for the first six months of the year compared to 2013, including a 71% surge in the second quarter.

Sales were boosted by multiple customer orders for the recently announced LENS Print Engine, a unique modular approach that allows metal 3D printing capabilities to be installed into existing machine tools. Its open architecture enables integration with either new or pre-owned CNC tools, so customers in the industrial base can leverage existing equipment assets to realize the benefits of 3D printing in a less disruptive manner. Optomec is working to establish distributor partnerships with select machine tool OEMs to accelerate the adoption of this solution.

Optomec also reported continued strong growth for its Aerosol Jet printed electronics systems, which can print conductive metals and a variety of other functional materials directly onto 3D surfaces. In particular, the introduction of an Aerosol Jet high volume production solution, capable of printing approximately 2 million 3D printed antenna units per year, is driving demand throughout the mobile device manufacturing base. Additionally Aerosol Jet printers are now being used in the manufacture of 3D printed sensors, a high growth segment driven by the Industrial Internet and interest in the Internet of Things (IoT).

“The substantial increase in bookings across both our core product lines puts us well ahead of our plan for the year, and confirms that Optomec 3D Printing solutions are being accepted for industrial production applications,” said Dave Ramahi, Optomec president and CEO. “The rapid adoption of the LENS Print Engine verifies our open architecture approach and the metal working industry’s readiness to implement cost-effective, hybrid additive manufacturing solutions. With millions of CNC machine tools already installed, the upgrade potential represents a substantial market opportunity. Likewise, on the printed electronics side, we are seeing strong demand for high volume production implementations of our 3D printed antenna and 3D printed sensor solutions, both of which leverage our unique ability to print electronics onto existing 3D structures. These successes underscore our motivating belief that to be successful in the long term, 3D printing must meet the cost, efficiency and quality requirements for production scale applications.”

About Optomec

Optomec is a privately-held, rapidly growing supplier of production grade Additive Manufacturing systems. Optomec patented Aerosol Jet systems for printed electronics and LENS 3D Printers for metal components are used by industry to reduce product cost and improve performance. Together, these unique printing solutions work with the broadest spectrum of functional materials, ranging from electronic inks to structural metals and even biological matter. Optomec has more than 150 marquee customers around the world, targeting production applications in the Electronics, Energy, Life Sciences and Aerospace industries. For more information about Optomec, visit http://optomec.com.

LENS (Laser Engineered Net Shaping) is a registered trademark of Sandia National Laboratories.

Aerosol Jet is a registered trademark of Optomec.



Contact:

Optomec
Shayna Watson, 505-761-8250
Email Contact




Review Article Be the first to review this article
HP

Autodesk - DelCAM

Featured Video
Jobs
CAD Systems Administrator for KLA-Tencor at Milpitas, CA
Senior Mechanical Engineer for Verb Surgical at Mountain View, CA
Principal Research Mechatronics Engineer for Verb Surgical at Mountain View, CA
Lead Geospatial Analyst for Alion at McLean, VA
Industrial Designer Intern – Spring 2017 for Nvidia at Santa Clara, CA
Upcoming Events
SOLIDWORKS 2017 Launch Event – Walsall at Village Hotel Club, Walsall, WS2 8TJ Walsall United Kingdom - Mar 30, 2017
PI APPAREL Hong Kong 2017 at SHANGRI-LA KOWLOON 64 Mody Road Tsim Sha Tsui East Kowloon Hong Kong - Apr 5 - 6, 2017
SOLIDWORKS intro and hands on session – Slough at Baylis House, Slough, Berkshire, SL1 3PB Slough United Kingdom - Apr 7, 2017
Engineer 3D! Training + Technology Conference at Hyatt Regency Milwaukee 333 West Kilbourn Avenue Milwaukee WI - Apr 25 - 26, 2017
MasterCAM



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise