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Essentium Inc., a Texas-based 3D printer provider, has announced a series of expansions in response to growing demand for its High Speed Extrusion (HSE) 3D printing platform. These include scaling up the production of the HSE FDM 3D printer, accelerating material development, and expanding global operations with new leadership appointments.
Essentium credits the market response to its open 3D printing ecosystem, developed in collaboration with multinational chemical company BASF and 3D software developer Materialise. The HSE platform’s open market model offers customers greater control and choice in hardware, software and materials. Blake Teipel, CEO and Co-founder, Essentium Inc., comments “When you remove the roadblocks to innovation, you enable customer success.”
ARE - NO - BETTER - PROOF - POINTS
“THERE ARE NO BETTER PROOF POINTS THAN AN EXPANDING PIPELINE AND GROWING CUSTOMER DEMAND TO ILLUSTRATE HOW MUCH THE MANUFACTURING MARKET IS RESPONDING TO OPEN ECOSYSTEMS AND THE FREEDOM TO INNOVATE ON THEIR OWN TERMS.”
HSE 3D printed part. Photo via Essentium.
Ecosystem - Partnership - Essentium - Materialise - BASF
The open ecosystem partnership between Essentium, Materialise and BASF was first announced in November 2018, where the three companies agreed to advance high-speed additive manufacturing. Bart Van der Schueren, Materialise’ CTO explains that the partnership was formed in order to “promote a more open market model, which will fuel the adoption of 3D printing in the industrial field by offering users more control, more choice in materials and ultimately lower cost and higher volumes.”
Essentium had previously worked with BASF to develop materials for the HSE platform, and under the partnership, both firms set towards establishing a global materials supply chain network for HSE as well. Materialise on the other hand joined forces with BASF and Essentium to develop 3D printing software for the HSE 3D printer. Following on from the initial partnership, Essentium closed a $22.2 million series A funding round in January 2019, led by BASF Venture Capital and...
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