3D Printing Financials: ExOne 27% Revenue Drop, Employee Layoffs and Government Contract in Q2 2020

Pioneer and global leader in binder jet 3D printing technology ExOne has posted a year-on-year revenue fall of 27% for their second-quarter earnings report. Company officials said challenging market conditions and future uncertainties as a result of the COVID-19 pandemic continue to put a strain on ExOne, particularly the disruptions to domestic and international shipping and the negative macroeconomic effects. In response to the global crisis, the company took several cost-saving actions, including a mix of employee terminations, furloughs, and pay rate reductions in an effort to save close to $2 million for the April through June quarter. Nonetheless, it is optimistic that a record backlog, increased liquidity, a contract with the U.S. Department of Defense, and a growing interest in 3D printing from companies worldwide will increase revenues in the future.

Heavily disarrayed supply chains brought chaos as lockdown impositions around the world meant factories were shut down and transportation was disrupted. As the year’s second-quarter earnings season took off, we have witnessed countless companies inform revenue declines mainly due to the impacts of the pandemic and various curtailment measures. In the statement released on August 6, 2020, ExOne said the revenue for this period totaled $11.1 million, down from $15.3 million in Q2 2019, claiming its revenue decline resulted from a 47% decrease in earnings from 3D printing machines driven by lower volumes (eight units sold in the current quarter versus 13 in the prior-year period) and an unfavorable mix of machines sold. This decrease was partially offset by a 3% increase in revenue attributable to 3D printed and other products, materials, and services driven by funded research and development contracts.

ExOne Q2 2020 revenue summary. (Image courtesy of ExOne)

Following the report’s release, ExOne’s stock was trading at $9.90, a 1.44% increase compared to the previous day. On March 11, 2020, when COVID-19 reached pandemic status, according to the World Health Organization (WHO), company stock was trading at $5.16 and since then, its shares have increased by 95% and are now at $10.07.

ExOne’s CEO, John Hartner, said on an earnings call that the results showcase how ExOne business has truly differentiated within the 3D market and that during the second quarter they made contingent progress towards a more predictable revenue model delivering recurring revenues of $6.2 million, a year-on-year increase of 3%. Hartner explained that this is largely due to the growth in the company’s install base, funded R&D, and other engineering development services. He also particularly highlighted the continued growth of an already strong backlog to $38.2 million, a new record level that, he expects, will continue to support revenue predictability for some time. As well as a stable gross margin of 27.8% and a total liquidity increase to $29.7 million from $26.8 million on March 31, 2020.

“The fundamentals that support our business remain highly favorable, it may even be enhanced by the current market conditions. ExOne is part of a ten billion dollar 3D printing industry that is growing at double-digit rates and remains relatively young […],” explained the CEO. “We believe our binder jetting technology is in a sweet spot, as manufacturers look for smart and sustainable supply chain solutions that link into a new industry 4.0 dynamic.”

Record backlog for ExOne during Q2 2020. (Image courtesy of ExOne)

Although Hartner revealed that the operating results continue to be impacted by a prolonged downturn in the global manufacturing sector, which has in turn influenced the capital expenditures of its customers, he remains confident that Pennsylvania-headquartered ExOne can better the situation. Mainly through the combination of its encouraging backlog, robust front-of-sales funnel, traction in new contracts, recurring revenue stream, and accelerated market adoption of binder jetting technology to provide the basis for operating stability for the remainder of 2020 and into 2021.

Despite machine unit sales in Q2 being at 57% of Q1 2020, investments still remain focused on the further development of binder jetting technology, including the X1 160PRO metal 3D printing system, which is poised to move metal 3D printing into high volume production. The team of engineers behind its fabrication continues to receive many inbound requests and is already producing the first machine for its customers, remaining on target with the original release plans, and expecting first shipments by the end of 2020.

Machine unit sales for ExOne during Q2 2020. (Image courtesy of ExOne)

A focus on government R&D and adoption projects has provided diversified strength during the capital spending downturn for ExOne. The company revealed a significant contract with the U.S. Department of Defense to develop a field-deployable binder jet 3D printer. The recently awarded $1.6 million contract is part of ExOne’s program development contracts with the U.S. government and companies that want to ramp up the engineering work associated with getting a production 3D print cell and workflow off the ground.

On this point, Hartner suggested that part of the growth in these contracts, which are recognized as recurring revenue, is leading towards future production machine sales. Beyond government awards, ExOne also has engaged several global manufacturers in the automotive, medical, and consumer goods industry on production program developments. Further revealing that at least one of these companies is planning to use the printers to modernize and decentralize the supply chain in key locations around the world.

The X1 160PRO from ExOne. (Image courtesy of ExOne)

Claiming to be the only binder jet 3D printing provider with a comprehensive portfolio of solutions for the direct printing of metals and ceramics in addition to sand molds and cores, ExOne expects to have a key competitive advantage by offering customers manufacturing flexibility through its more than 20 material printing capability. Last November, the company unveiled its tenth metal printer, the X1 160PRO, in what 3DPrint.com considered “a solid move towards a more production-oriented 3D printing industry.” Moreover, in two months, it expects to surround the new production 3D printers with a complete and intelligent workflow to enhance the user experience, from applications to monitor the 3D printers to entirely new 3D printing networks. Part of this has already been announced as the company revealed an entirely new Scout App to monitor industrial 3D printers and launched a new Sand 3D Printing Network, powered by more than 40 industrial binder jetting systems. Hartner suggested these are the first steps in broader long term plans to include new automation and software tools that are currently in development.

The post 3D Printing Financials: ExOne 27% Revenue Drop, Employee Layoffs and Government Contract in Q2 2020 appeared first on 3DPrint.com | The Voice of 3D Printing / Additive Manufacturing.

3D Printing News Briefs, July 3, 2020: ExOne, 3D Printz & Monoprice, CNPC, Liqcreate

We’re talking about business and materials in today’s 3D Printing News Briefs. First, the ExOne Company has been added to the Russell 2000 and 3000 Indexes, while 3D Printz has signed a distribution deal with Monoprice. Moving on, CNPC is introducing a new aluminum alloy powder for additive manufacturing, and Liqcreate has released its own new 3D printing material.

ExOne Added to Russell 2000 and 3000 Indexes

This week, the ExOne Company announced that it has officially been added to the Russell 2000® and 3000® Indexes. FTSE International Limited, trading as FTSE Russell, is a British provider, wholly owned by the London Stock Exchange, that creates and manages a variety of stock market indexes, data, and analytic solutions in order to meet its clients needs. Roughly $15 trillion is presently benchmarked to its indexes, now including ExOne, which was added after the 2020 Russell annual reconstitution of its indexes closed at the end of the US stock market’s day on June 26th.

“We are optimistic about our long-term growth prospects and believe that the inclusion of ExOne in the Russell indexes is validation of the progress we are making with our binder jetting 3D printing technology, the strength of our backlog and the breadth of our updated machine portfolio,” stated ExOne CEO John Hartner. “We look forward to the increased exposure to the investment community.”

3D Printz Signs Distribution Deal with Monoprice

3D Printz director Peter Roberts with the Monoprice printer

3D printing specialist 3D Printz Limited is now the UK supplier of Monoprice 3D printers after signing a distribution deal with the company. The Monoprice printer that 3D Printz is currently stocking comes fully assembled, and at an affordable price as well, which is why the Shropshire company, already a distributor for Magigoo, 3D Gloop!, Micro Swiss LLC, and Antclabs, is glad to supply it. Through this new partnership, will be able to provide some of Monoprice’s 7,000 affordable, high-quality products to customers.

“Our collaboration with 3D Printz means we have a reliable partner to help grow our business in the UK 3D printing industry,” said Christoph Esser, Monoprice sales director for Europe. “We are hoping to expand our working relationship to include more items from our product line before the end of this year.”

CNPC Produces New Aluminum Alloy Powder for AM

Vancouver-based company CNPC Powder announced that its Automated Metal Production (AMP) line is now producing a brand new range of aluminum alloy powder designed specifically for powder bed fusion (PBF) 3D printing. The company already produces many other metal powders, including copper and iron alloys, stainless steel, and nickel, and its new aluminum alloy material exhibits good sphericity and flowability. CNPC says that the material could be valuable to large-volume additive manufacturing applications in the aerospace and automotive industries.

“We have achieved success with our AMP line and suite of Al alloys by redesigning atomisation beyond existing atomisation capabilities, such as VIGA, PREP and EIGA. This bottom-up redesign has allowed for increased efficiency and lower production costs, all while improving flowability and sphericity, almost eliminating impurities, and increasing output,” the company stated.

Liqcreate Releasing New Material on 4th of July

Professional-grade 3D printing materials manufacturer Liqcreate has announced that its latest material, Liqcreate Flexible-X, will be available for purchase through its distributor network starting on July 4th. The soft material, perfect for open source DLP, LCD, and SLA 3D-printers in the 385 – 420 nm range, is an opaque black photopolymer with 55 Shore A hardness, excellent tear strength, and an elongation up to 160%.

With its durability, excellent rebound, and toughness, Flexible-X, part of Liqcreate’s line of engineering materials, is a great choice for manufacturing industrial-grade flexible touch and elastic parts.

The post 3D Printing News Briefs, July 3, 2020: ExOne, 3D Printz & Monoprice, CNPC, Liqcreate appeared first on 3DPrint.com | The Voice of 3D Printing / Additive Manufacturing.

3D Printing News Briefs: May 16, 2019

We’ve got plenty of business news for you in today’s 3D Printing News Briefs, starting with Additive Manufacturing Technologies’ impressive growth as of late. ExOne has announced a collaboration with Oak Ridge National Laboratory, and DigiFabster has announced several updates to its platform. Moving on to new product launches, Shining3D has a new industrial metrology system, and peel 3d introduced a new affordable 3D scanner.

Additive Manufacturing Technologies Showing Rapid Growth

L-R: Gavin Minton and David Manley

UK-based Additive Manufacturing Technologies (AMT) was founded in 2017 and is now emerging from semi-stealth mode and into full commercial production with its automated post-processing and finishing solutions for 3D printed parts. The company is showing rapid growth forecasts, and has been opening new US facilities, announcing partnerships, and hiring important personnel to help with its mission of providing the industry with industrial AM post-processing. AMT has made two important strategic additions to its Global Innovation Centre in Sheffield, appointing David Manley as Non-Executive Chairman and hiring Gavin Minton as the Aftersales and Customer Experience Manager.

“These are indeed exciting times at AMT as we aggressively market and sell our PostPro3D post-processing systems for AM parts having moved from the semi-stealth mode we have been operating in for a couple of years. We have been growing rapidly, but now we are moving to the next level — with our technology capabilities, our facilities and our brilliant team. We are really excited to welcome David and Gavin to AMT — they will be fundamental to our continued growth strategy,” said Joseph Crabtree, CEO at AMT.

“The post-processing step has long been the Achilles heel for AM as it moves to being a true mass manufacturing technology, and we are proud to offer our fully automated solution, which is already revolutionising the ways in which manufacturers integrate AM as a mass production tool. AMT is working in partnership with numerous OEMs, vendors and material suppliers to take the pain out of post-processing with an intelligent and collaborative approach, and we are scaling up production globally in order to share the progress we have made with our post-processing solutions. David and Gavin will join our team to provide key support in this mission.”

ExOne Announces Collaboration with Oak Ridge National Laboratory

The ExOne Company, which manufactures 3D printers and provides 3D printing services to industrial customers, is collaborating with Oak Ridge National Laboratory (ORNL) to continue advancements in binder jet 3D printing technology. Binder jetting is important because it offers lower operating costs, and maintains higher levels of productivity, than many other AM technologies, and ExOne is an industry leader in non-polymer binder jet 3D printing. Its collaboration with ORNL is targeted initially on developing technology for new binder jet systems, leveraging ORNL’s instrumentation and advanced data analysis methodologies, as well as the Department of Energy’s Manufacturing Demonstration Facility (MDF) at ORNL, in order to optimize chemistry and process parameters for its sand and metal systems.

“By collaborating with a world-class lab like Oak Ridge National Laboratory, we accelerate ExOne’s binder jetting technology capabilities,” said Rick Lucas, ExOne’s Chief Technology Officer. “We believe these collaborative efforts will effectively and efficiently result in the establishment of new materials, binders and process developments, retaining our significant edge over competitors and other technologies in the industrial manufacturing space.”

DigiFabster Announces Platform Updates

3D printing software and services provider DigiFabster, which uses its software-as-a-service (SaaS) platform to help companies easily automate and streamline certain business processes, announced that it had made several important enhancements to its platform this spring that will benefit many different types of users, including 3D printing service bureaus. The company has many customers who use HP’s Multi Jet Fusion technology, which accepts the 3MF file format, and DigiFabster’s platform now supports 3MF direct uploads through its web-based widget.

DigiFabster also enabled a new feature so that customers can accept purchase orders as a form of payment, and modified the code for its Floating button installation so that it can adapt to different screen widths. Another new capability makes it possible for CNC users, like machine shops, to easily change their pricing based on how complex the machine work is, and the DigiFabster system was also updated to automatically check for wall thickness, so that the files customers receive are ready.

SHINING 3D Launched New Metrology Products

Chinese 3D printing and digitizing company SHINING 3D recently attended the international Control trade fair for quality assurance, and released its latest industrial metrology solution at the event. Three products make up the portable system – the FreeTrak optical scanner, Freescan Trak 3D scanner, and FreeTrak Probe – which work separately and together to offer a comprehensive industrial scale measurement solution.

The versatile FreeTrak system of the wireless solution can capture the scanner structure’s spatial position in real time, and also allows the user to move the part, or tracker, during measurement without the results being compromised, which makes it perfect for use in unstable environments. The FreeTrak Probe, a portable CMM probing system created for use in industrial environments, is not “susceptible to environmental influences” like position changes and vibration, and can be used to generate highly accurate data even in challenging places. The FreeTrak system is now being integrated into SHINING 3D’s metrology and industrial solution ecosystem.

peel 3d Introduces Affordable 3D Scanner

Canadian 3D scanner developer peel 3d is on a mission to provide universal access to affordable, professional-grade 3D scanning technology. Located in Québec, the peel 3d team just launched the peel 2, a brand new variant of its peel 1 scanner that has three cameras instead of just one, for maximum accuracy, resolution, and realism. Powered by Creaform technology like its predecessor, the easy to use peel 2’s integrated color-capture functionality allows users to archive objects in high definition, as well as in their original colors, and monitor the accuracy and progress of the surface coloring. The new peel 2 also features new and improved peel 2.0 software with more functionalities, in addition to a system that uses a scanned object’s texture to improve its ability of positioning itself accurately in space.

“peel 2 pushes back all technical boundaries and redefines the concept of affordable 3D scanners,” stated François Leclerc, the head of the peel 3d initiative. “It will appeal as much to artists wishing to switch over to digital as it will to medical professionals wanting to scan the human body or mechanics working with existing components. It is by far the most comprehensive entry-level scanner on the market.”

The peel 2 is available for purchase online from peel 3d and select retailers for $7,490.

Discuss these stories and other 3D printing topics at 3DPrintBoard.com or share your thoughts in the Facebook comments below.

3DPrint.com Interviews Experienced 3D Printing Executive and Metal 3D Printing Pioneer David Burns

Back in the 3D printing dark ages, 2005, David Burns joined ExOne to make manufacturing using 3D Printing a reality. In the ensuing thirteen years a lot of things have changed. We’ve seen a lot of 3D printing companies come and go. In 2005 “3D printing for manufacturing” was cute and only a few solitary voices were crying out that this was going to happen, David’s was among them. He and ExOne were tackling quality control, reliability, and repeatability back then; and trying to make 3D printing an industrial process. They were starting to manufacture tens of thousands of low-cost metal parts for customers. They along with Voxeljet were the only metal inkjet companies as well, whereas now there are over a dozen people in various stages of commercializing metal inkjet 3D printing technologies. Entire choruses, unburdened by knowledge or experience, are now crying out that 3D printing for manufacturing is the future. David meanwhile, was doing the heavy lifting (and an IPO) while many of you had probably never heard of 3D printing. Now that he’s an independent board member, advisor and consultant its time for him to reflect on his time in the 3D printing trenches with some insightful answers to 3DPrint.com’s questions.

You came to 3D Printing in 2005 from a background in manufacturing. What was the 3D printing landscape like back then?

In the life of products, 2005 seems like a century ago. We used to laugh, as we evangelized for this “ground breaking” technology, that people used to pat us on the heads and say ”oh, that sounds nice.” There is no doubt that in 2005, the general sentiment was that 3D printing was a curiosity and not a serious technological thrust. This impeded progress in many ways, not the least of which was that critical R&D dollars were slow to flow to 3D printing.”

And now?

“Oh, how the landscape has changed. The sentiment among end-users is no longer about “if we will succeed”, but rather a clear sense that “we will succeed”. On a global basis, we can see a determination (and almost desperation) to fund emerging ideas and to see them through to either success or failure. Of course, that applies as well to all of the supporting and enabling technologies that surround 3D printing, like software, materials, inspection, sensor technology, data transmission and storage, etc. Clearly, we need success in all aspects of this technology circle to develop simultaneously.”

What are the most significant improvements over the time frame?

“The last few years have seen the emergence of some pretty surprising innovations in 3D Printing itself. This includes a really impressive array of machine-based approaches, often combined with robotics and AI to fully integrate functionality within lines. And, there has been an interesting but quiet trend to “hybridize” traditional manufacturing technology approaches with additive approaches.”

There is still a lot holding back 3D printing in manufacturing today. What are some of the main issues?

“Well, one of the most important elements of an effective and robust manufacturing environment is a commitment to continuous improvement. So, in that context, I see two short term areas of focus that would really help.

The first would be investment in process stability. It has become a source of pride in many manufacturing environments that the basic deviation patterns of outcomes is well understood and controlled. Most 3D Printing lacks the basic process stability that is so necessary for volume production.

The second would be the need to extensively (and rapidly) expand the suite of material that can be effectively printed. The good news on the material side is that 3D Printing allows for new, customized materials to emerge.

I want to be sure that I make one point, though. I see these issues as eminently solvable. With a robust R&D funding environment, these basic challenges will be overcome. It is simply a function of the quantity and speed of investment that will determine how fast that we overcome them.”

QA seems very poorly developed in 3D printing?

“I want to change the language of that question a bit. Continuous improvement methodologies exist which can be directly applied to 3DP and to move it forward, in the QA sense. You can see mounting evidence that it works….but I do want to provide a caution here. We need entrepreneurs to understand that there are well-proven processes within manufacturing that cannot be ignored. I do worry, a bit, that some companies are trying to approach the industrial marketplace with little experience, or little sense of the long manufacturing journey toward optimization.

I do understand why it may feel as if QA is lagging in 3DP, since there are consistent deviations in even part-to-part characteristics. But, with the application of continuous improvement processes, and the injection of research dollars at the right time, these knotty problems are resolvable.”

In metals, a lot seems to be going on right now, with investment pouring in and much excitement. What are the companies that you are closely watching?

“Part of my work involves being a general advisor to AMT – The Association for Manufacturing Technology. But part of my time is allocated to providing advisement services directly to manufacturing companies, some of which are 3DP companies. So, it is probably not fair for me to specifically name companies that I find exciting. That said, manufacturing is a broad-based, global activity. I do tend to get excited by metal printing companies that are clearly focused on end-user needs, and not simply enamored by their own technologies. I also do not see the need for emerging companies to feel the need to print the toughest materials, in the toughest applications. There are a myriad of opportunities for companies that want to compete on the well-established measures for manufacturing – cost, quality, and on-time delivery.”

I’m a little more skeptical than most about binder jetting metals. Won’t shrinkage continue to be problematic? Or will they solve these issues?

“Well, questions about binder jetting hint at some of the things that we just discussed. Some binder jet companies are, in fact, looking to the MIM world for ideas about controlling the sintering process. And there are surely helpful answers there. Others have invested significant dollars and have found ways to increase density and lessen distortion. I think that offline sintering can pose a significant challenge – but that sufficient research can find innovative solutions. I am not entirely sure that the challenges posed by off-line sintering imply significantly more part-to-part variation than some of the other powder bed based processes. And I do see cost advantages in binder jetting. I think that there will be a healthy number of applications for which binder jet will be appropriate.”

We’re seeing new companies try to tackle low-cost metal parts. Which kinds of parts will be industrialized first?

“Well, the low-cost marketplace poses some challenges. Material and energy-related costs present initial hurdles that need to be overcome. That said, there are lots of parts which run in relatively low volumes and that require significant fixturing and changeover on traditional machines. These are good targets. As well, many of those sorts of parts have been sourced from remote locations, for reasons that we all understand. If we do a realistic analysis of true supply-chain costs, including communications, working capital, quality resolution, etc., then I see abundant opportunities for 3D Printing.”

Do you think that in the near term there will be direct competition between the new binder jetting companies and the DMLS (Powder Bed Fusion, Selective Laser Melting) companies?

“Perhaps not in the very near term. The strengths of each process are currently a bit different. That said, as more materials become available, and as the part-to-part consistency improves, competition will (and should) develop. Remember, the annual market for traditional manufacturing technology products (on a global basis) is between $90 – 100B. Inside of that is a massive market for machines. While some of those machines are for specialty purposes, the vast majority are “part agnostic”. That is, they can be used for a wide range of parts. I think that this is the inevitable evolutionary path for machines used for metal 3DP.”

How do you think the metal printing market will develop?

“I think that the answer to that may vary by region of the world. In the US, which imports massive numbers of metal parts from other places, I think that the acceleration will be rapid. I can easily see where service bureaus that have broad-based capabilities (including traditional processes, inspection, and certification) will grow very rapidly, as the supply chain adjusts to the power of integrated digital manufacturing technologies. I think that OEM’s may invest more slowly than service bureaus, but it does not matter. What matters is that the supply transitions to embrace these new, integrated manufacturing technologies. In other countries, the transitional challenge may be different. In countries that are heavily invested in manufacturing infrastructure, the decision to disinvest in their well proven, highly capitalized processes could be harder. Clearly, the emergence of product offerings that are full lines (many recently) are reactions to the challenge of displacing well-developed, effective manufacturing processes.”

Whats the thing that surprised you most in 3D printing?

“That is a hard question. I became interested in, then immersed in, 3DP quite a long time ago. I perhaps saw the immense potential, from a high-level perspective. But, with a background in traditional manufacturing (which is quite effective and which I greatly respect), it was not clear how 3DP would ever become robust enough to displace that traditional structure. Especially when I thought about the immense quantity of investment that would be required. I think that a key transitional element has become the willingness of OEM’s to take a leadership role in the development of advanced manufacturing technologies. In the past, these same companies were relatively content to allow the supply chain to evolve manufacturing technologies. Nowadays, you have end users directly involved in funding and guiding that development. The final surprise, for me, is actually how powerful this combination of software, hardware and materials can be in changing our world. The applications that have emerged and are stunning and make the world a better place. I cannot wait to see what happens next.”

3D Printing News Briefs: June 29, 2018

In today’s 3D Printing News Briefs (the last one this month, how is the summer going by so quickly?!), a few companies are announcing special honors and recognitions, and then we’re sharing stories stories about some interesting new 3D printing projects, and finally wrapping things up before the weekend with some business news. Renishaw’s Director of R&D has been honored by the Royal Academy of Engineering, while MakerBot earned an important designation for its 3D printing certification program for educators and Renovis Surgical Technologies received FDA approval for its new 3D printed implant. Festo is introducing three new bionic robots, one of which is partially 3D printed, and CINTEC is using 3D printing for its restoration of a famous government house. GE wants to use blockchains for 3D printing protection, and ExOne announced a global cost realignment.

Royal Academy of Engineering Honors Renishaw’s Chris Sutcliffe

Earlier this week, the Royal Academy of Engineering (RAE) awarded a Silver Medal to Professor Chris Sutcliffe, the Director of Research and Development of the Additive Manufacturing Products Division (AMPD) for global metrology company Renishaw. This award is given to recognize outstanding personal contributions to British engineering, and is given to no more than four people a year. The Silver Medal Sutcliffe received was in recognition of his part in driving the development of metal 3D printed implants in both human and veterinary surgery, and also celebrates his successful commercialization of 3D printed products with several companies, including Renishaw, and the University of Liverpool.

“Throughout my career I’ve worked hard to commercialise additive manufacturing technology. As well as AM’s benefit to the aerospace and automotive sectors, commercialisation of AM and associated technologies has been lifechanging for those with musculoskeletal diseases,” said Sutcliffe. “The award celebrates the successes of the engineers I have worked with to achieve this and I am grateful to receive the award to recognise our work.”

MakerBot’s Certification Program for Educators Gets Important Designation

One of the leaders in 3D printing for education is definitely MakerBot, which has sent its 3D printers to classrooms all over the world. Just a few months ago, the company launched a comprehensive, first of its kind 3D printing certification program, which trains educators to become 3D printing experts and create custom curriculum for STEAM classrooms. An independent review of the program showed that it meets the International Society for Technology in Education (ISTE) standards, and it has earned the prestigious ISTE Seal of Alignment from the accreditation body. In addition, a survey conducted over the last three years of over 2,000 MakerBot educators shows that the percentage of teachers reporting that MakerBot’s 3D printers met their classroom needs has doubled in just two years.

“This data shows that MakerBot isn’t just growing its user base in schools. We’re measurably improving teachers’ experiences using 3D printing,” said MakerBot CEO Nadav Goshen. “Much of this impressive teacher satisfaction is thanks to the effort we’ve put into solving real classroom problems—like the availability of 3D printing curriculum with Thingiverse Education, clear best practices with the MakerBot Educators Guidebook, and now training with the new MakerBot Certification program.”

Earlier this week, MakerBot exhibited its educator solutions at the ISTE Conference in Chicago.

FDA Grants Clearance for 3D Printed Interbody Spinal Fusion System 

California-headquartered Renovis Surgical Technologies, Inc. announced that it has received 510(k) clearance from the FDA for its Tesera SA Hyperlordotic ALIF Interbody Spinal Fusion System. All Tesera implants are 3D printed, and use a proprietary, patent-pending design to create a porous, roughened surface structure, which maximizes biologic fixation, strength, and stability to allow for bone attachment and in-growth to the implant.

The SA implant, made with Renovis’s trabecular technology and featuring a four-screw design and locking cover plate, is a titanium stand-alone anterior lumbar interbody fusion system. They are available in 7˚, 12˚, 17˚, 22˚ and 28˚ lordotic angles, with various heights and footprints for proper lordosis and intervertebral height restoration, and come with advanced instrumentation that’s designed to decrease operative steps during surgery.

Festo Introduces Partially 3D Printed Bionic Robot

German company Festo, the robotics research of which we’ve covered before, has introduced its Bionic Learning Network’s latest project – three bionic robots inspired by a flic-flac spider, a flying fox, and a cuttlefish. The latter of these biomimetic robots, the BionicFinWave, is a partially 3D printed robotic fish that can autonomously maneuver its way through acrylic water-filled tubing. The project has applications in soft robotics, and could one day be developed for tasks like underwater data acquisition, inspection, and measurement.

The 15 oz robot propels itself forward and backward through the tubing using undulation forces from its longitudinal fins, while also communicating with and transmitting data to the outside world with a radio. The BionicFinWave’s lateral fins, molded from silicone, can move independently of each other and generate different wave patterns, and water-resistant pressure and ultrasound sensors help the robot register its depth and distance to the tube walls. Due to its ability to realize complex geometry, 3D printing was used to create the robot’s piston rod, joints, and crankshafts out of plastic, along with its other body elements.

Cintec Using 3D Printing on Restoration Work of the Red House

Cintec North America, a leader in the field of structural masonry retrofit strengthening, preservation, and repair, completes structural analysis and design services for projects all around the world, including the Egyptian Pyramids, Buckingham Palace, Canada’s Library of Parliament, and the White House. Now, the company is using 3D printing in its $1 million restoration project on the historic Red House, which is also known as the seat of Parliament for the Republic of Trinidad and Tobago and was built between 1844 and 1892.

After sustaining damage from a fire, the Red House, featuring signature red paint and Beaux-Arts style architecture, was refurbished in 1904. In 2007, Cintec North America was asked to advise on the required repairs to the Red House, and was given permission to install its Reinforcing Anchor System. This landmark restoration project – the first where Cintec used 3D printing for sacrificial parts – denotes an historic moment in structural engineering, because one of the reinforcement anchors inserted into the structure, measuring 120 ft, is thought to be the longest in the world.

GE Files Patent to Use Blockchains For 3D Printing Protection

According to a patent filing recently released by the US Patent and Trademark Office (USPTO), industry giant GE wants to use a blockchain to verify the 3D printed parts in its supply chain and protect itself from fakes. If a replacement part for an industrial asset is 3D printed, anyone can reproduce it, so end users can’t verify its authenticity, and if it was made with the right manufacturing media, device, and build file. In its filing, GE, which joined the Blockchain in Transport Alliance (BiTA) consortium in March, outlined a method for setting up a database that can validate, verify, and track the manufacturing process, by integrating blockchains into 3D printing.

“It would therefore be desirable to provide systems and methods for implementing a historical data record of an additive manufacturing process with verification and validation capabilities that may be integrated into additive manufacturing devices,” GE stated in the patent filing.

ExOne to Undergo Global Cost Realignment

3D printer and printed products provider ExOne has announced a global cost realignment program, in order to achieve positive earnings and cash flow in 2019. In addition to maximizing efficiency through aligning its capital resources, ExOne’s new program will be immediately reducing the company’s consulting projects and headcount – any initial employee reductions will take place principally in consulting and select personnel. The program, which has already begun, will focus first on global operations, with an emphasis on working capital initiatives, production overhead, and general and administrative spending. This program will continue over the next several quarters.

“With the essential goal of significantly improving our cash flows in 2019, we have conducted a review of our cost structure and working capital practices. We are evaluating each position and expense within our organization, with the desire to improve productivity. As a result, we made the difficult decision to eliminate certain positions within ExOne, reduce our spending on outside consultants and further rely on some of our recently instituted and more efficient processes,” explained S. Kent Rockwell, ExOne’s Chairman and CEO. “Additional cost analyses and changes to business practices to improve working capital utilization will be ongoing over the next several quarters and are expected to result in additional cost reductions and improved cash positions. All the while, we remain focused on our research and development goals and long-term revenue growth goals, which will not be impacted by these changes, as we continue to lead the market adoption of our binder jetting technology.”

Discuss these stories, and other 3D printing topics, at 3DPrintBoard.com or share your thoughts in the Facebook comments below.

 

3D Printing News Briefs: June 26, 2018

We have plenty of business, material, and 3D printer news to share with you in today’s 3D Printing News Briefs. 3D printing led to increased savings for GM over the last two years, which is now increasing its use of the technology as a result. ExOne is saying goodbye to one CEO and hello to another, while Polymaker announces a global distribution arrangement with Nexeo Solutions and CollPlant receives R&D project approval in Israel. The US Patent and Trademark Office will be hosting its annual Additive Manufacturing Partnership Meeting this week, and RP Platform has announced a rebrand and a new AI software platform. Finally, the UK’s National Centre for Additive Manufacturing has decided to add Digital Metal’s binder jetting technology to its portfolio.

GM Increasing Use of 3D Printing at Plants

Zane Meike, AM lead at GM’s Lansing Delta Township assembly plant, holds a common 3D printed tool used to align engine and transmission vehicle identification numbers. [Photo: Michael Wayland]

According to Dan Grieshaber, the Director of Global Manufacturing Integration for General Motors (GM), most of the company’s factories have 3D printers, which are used to build accessories and tools for workers. A $35,000 3D printer at GM’s Lansing Delta Township assembly plant has actually helped save the company over $300,000 over two years: it’s used to make multiple items, such as part hangers, socket covers, and ergonomic and safety tools. A common tool used to align engine and transmission vehicle identification numbers cost $3,000 to buy from a third party, but is less than $3 to 3D print at the factory. Realizing that these kinds of savings can add up quickly, GM is increasing the use of 3D printing – part of its new Manufacturing 4.0 processes – at its plants in order to help streamline operations.

“We’re quickly evolving, creating real value for the plant. This will become, as we progress, our footprint. We’ll have this in every one of our sites,” Grieshaber said.

Grieshaber also said that GM is working to standardize 3D printing, as well as share best practices across all of its global plants.

ExOne Welcomes New CEO

The ExOne Company, which provides 3D printers and 3D printed products, materials, and services to its industrial customers around the world, has announced that its CEO, James L. McCarley, is departing the company, effective immediately, to pursue other interests and opportunities; he will be assisting the company in transitioning his responsibilities to the new CEO. ExOne’s Board of Directors has also announced who the new CEO will be – S. Kent Rockwell, the company’s Executive Chairman, who has served in the position in previous years. Rockwell’s new title is effective immediately.

“On behalf of our Board and management team, I would like to thank Jim for his efforts and wish him all the best in his future endeavors,” said Rockwell.

Polymaker Makes Distribution Arrangement with Nexeo Solutions

Shanghai-based 3D printing material producer Polymaker has entered an arrangement with chemicals and plastics distributor Nexeo Solutions, Inc., also based in Shanghai. Nexeo will be a global distributor for three new materials in the Polymaker Industrial line, but plans to introduce more of its materials over the rest of the year. C515 is an advanced polycarbonate (PC) filament that has excellent toughness and a low warping effect, while C515FR is a flame retardant PC with high impact resistance. SU301 is a polyvinyl alcohol (PVA)-based polymer that’s water soluble and was developed as a support material for FFF 3D printers.

Paul Tayler, the Vice President of EMEA at Nexeo Solutions, said, “Expanding our portfolio to include industrial grade filaments from Polymaker Industrial gives our customers access to a wider range of filaments that solve new 3D printing challenges and meet the demands of manufacturers. Industrial customers benefit from Nexeo Solutions’ access to world leading plastic producers coupled with additive manufacturing technical expertise.”

CollPlant Receives R&D Project Approval

Two years ago, regenerative medicine company CollPlant received funding from Israel’s Ministry of Economy for its research in developing collagen-based bioinks for 3D printing tissues and organs. CollPlant, which uses its proprietary plant-based rhCollagen (recombinant human collagen) technology for tissue repair products, has now announced that the Israel Innovation Authority (IIA) has approved a grant to finance the continued development of its rhCollagen-based formulations intended for use as bioinks. Terms of the grant require CollPlant to pay royalties to the IIA on future sales of any technology that’s developed with the use of the funding, up to the full grant amount. The total project budget is roughly $1.2 million (NIS 4.2 million), and the IIA will finance 30%, subject to certain conditions.

“In addition to providing immediate non-dilutive funding, this grant from the Israel Innovation Authority represents an important validation of our BioInk technology and its market potential. With the recent opening of our new cGMP production facility in Rehovot, Israel, we are well positioned to meet growing demand for our BioInk and tissue repair products. We are grateful to the IIA for this recognition,” said CollPlant CEO Yehiel Tal.

Additive Manufacturing Partnership Meeting Hosted by US Patent and Trademark Office

For the last several years, the US Patent and Trademark Office (USPTO) has been hosting the Additive Manufacturing Partnership Meeting, and this year’s meeting takes place tomorrow, June 27th, from 1 to 5 PM at the USPTO headquarters inside the Madison Building in Alexandria, Virginia. The USPTO will be seeking opinions from various participants at the informal meeting, which is really a forum for individual 3D printing users and the USPTO to share ideas, insights, and personal experiences.

“We value our customers and the feedback provided from individual participants is important in our efforts to continuously improve the quality of our products and services,” the USPTO meeting site reads. “Your willing participation in this informal process is helpful in providing us with new insights and perspectives.”

Scheduled speakers at this year’s meeting are coming from CIMP-3D, HRL, Kansas State University, Lawrence Livermore Laboratories, and the NextManufacturing Center, and an RSVP is required to attend the AM Partnership Meeting.

RP Platform Launches New AI Software and Rebrand

London-based RP Platform, which provides customizable workflow automation software for industrial 3D printing, is launching a new software platform, which will use AI for the first time to automate 3D printing production. With customers in over 30 countries, the company is one of the top automation software providers for industrial 3D printing. In addition to its software launch, RP Platform has also announced that, as it continues to expand its software capabilities to target AM end part production, it is rebranding, and has changed its name to AMFG.

“We want to help companies make their 3D printing processes much smoother so that they can produce more parts with greater visibility and less effort. And we have more exciting releases to our software over the coming months that will further enhance our production automation capabilities,” said Keyvan Karimi, the CEO of AMFG.

“Ultimately, we’re creating a truly autonomous manufacturing process for industrial 3D printing. For us, this means taking manufacturing to a new era of production. The launch of our new software, as well as our company rebrand, fully reflects this vision going forward.”

NCAM Installing a Digital Metal 3D Printer

The National Centre for Additive Manufacturing (NCAM) in the UK, headquartered at the Manufacturing Technology Centre (MTC) in Coventry, has decided to add the unique binder jetting technology developed by Digital Metal to its large range of advanced manufacturing equipment, and will soon be installing one of its high-precision metal 3D printers – which are not available anywhere else in the UK. The 3D printer will be available for use by NCAM’s member companies, and other organizations, who are interested in testing the capabilities of Digital Metal’s proprietary binder jetting technology.

Dr. David Brackett, AM Technology Manager at the NCAM, explained, “The Digital Metal binder jetting technology falls into the category of ‘bind-and-sinter AM’, where a multi-stage process chain incorporating sintering is required to achieve full density. It’s a very fast technology that can create complicated and highly detailed designs, and there is potential for wider material choice than with AM processes that use melting. We are delighted to be able to offer this to the companies we work with.”

The Digital Metal 3D printer will be operational later this summer, and NCAM personnel are already training with it to ensure they can operate it efficiently and safely.

Discuss all of these stories, and other 3D printing topics, at 3DPrintBoard.com or share your thoughts in the Facebook comments below.