FREEMELT RAISES $1.6 MILLION IN INVESTMENT ROUND FOR OPEN-SOURCE EBM 3D PRINTER

3D Printing Industry | 9/11/2019 | Anas Essop
Click For Photo: https://3dprintingindustry.com/wp-content/uploads/2019/09/scotty.jpg

Freemelt, a Sweden-based metal 3D printing company, has announced the completion of a SEK 15M ($1.6M) capital investment round led by venture capital firm Industrifonden.

The funding round also included Freemelt’s existing investors, and will be used by the company to fuel the next phase of its growth. Freemelt aims to “drive the metal 3D printing revolution forward” using its open-source electron beam melting (EBM) 3D printing technology.

Close-up - Freemelt - One - Electron - Gun

Close-up on the Freemelt One electron gun. Photo via Freemelt.

Founded in 2017, Freemelt has developed an EBM 3D printer, titled Freemelt One, intended for research and development into metal materials for additive manufacturing. A key feature of the Freemelt One EBM 3D printer is the small amount of powder that is reportedly required for the system to operate. By designing the system so that it needs little material investment, Freemelt seeks to make the testing of different metal powders affordable and fast for users.

Company - States - Applications - Printing - Require

The company’s website states that most future applications for 3D printing require materials that are yet to be developed and made compatible with the technology. Freemelt claims that commercial metal 3D printers are only able to use a few select materials, limiting the possibilities for 3D printing to reach new applications.

With its EBM system, however, Freemelt aims to develop 3D printing for future materials using a collaborative and open-source approach: “The ecosystem will promote the cooperation between research and industry. This will enable metal 3D printing to grow much faster than the individual partners can manage on their own, and keep the development momentum going by combining their resources.”

OUR - SOFTWARE - IS - TRULY - OPEN-SOURCE

“OUR SOFTWARE IS TRULY OPEN-SOURCE […] THE USER CAN ADAPT AND EVOLVE THE CODE, AND SHARE IT WITHIN THE COMMUNITY, TO ACCELERATE THE DEVELOPMENT OF...
(Excerpt) Read more at: 3D Printing Industry
Wake Up To Breaking News!
Democrate or Republican, the difference is less than the thickness of a cigarette paper, or a slice of pastrami at a delicatesean.
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!