Essentium Survey Reveals Additive Manufacturing Gains Traction and Investments Pay OffFebruary 2, 2021February 2, 2021 | The Essentium TeamShare Opportunities for machine and material innovation to increase agility, resilience, customization, and design freedomEssentium, Inc., a worldwide leader in industrial additive manufacturing (AM), today announced 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 wide-ranging benefits, including high part performance [46 percent], cost reduction [46 percent], and speed-to-part [45 percent].Changes over the last year showed 3D printing’s relevance in manufacturing. The AM industry proved it could step in to make quantities of supplies at scale to keep assembly lines moving; it showed 3D printing is ready for prime time. 2021 will mark the year that additive at scale transforms manufacturing across sectors, including aerospace, automotive, electronics manufacturing services, and biomedical.However, innovation is essential to remove remaining obstacles to AM adoption and help companies manufacture in new ways. Specifically, 98 percent of manufacturing executives see value in improved materials, 37 percent are held back by the high cost of 3D printing materials, and 24 percent said 3D printing materials are unreliable.Gaining approvals for capital investments will remain a challenge throughout 2021 – 20 percent of executives report that industrial-scale 3D printing hardware is too expensive, and 18 percent indicate they have too much investment in other manufacturing technology.Essentium remains committed to working in an open ecosystem with its customers to address these challenges, ensuring the right economics for industrial-scale 3D printing and integration with existing machinery and work practices on the factory floor. Essentium is also innovating to provide high-performance and affordable polymers for aerospace, automotive, oil and gas, and tooling applications.Said Blake Teipel, Ph.D., CEO and Co-founder, Essentium: “Manufacturing companies have finally cracked the code of AM for full-scale production runs of hundreds of thousands of parts, and there will be no turning back. There is no longer any doubt whether AM investments deserve a central feature in the execution strategies of companies endeavouring to out-perform their peers. By working with our customers to drive innovation, financial, and efficiency benefits, we are helping them move forward into a leaner, more agile future enabled by additive manufacturing.”About EssentiumEssentium, Inc. provides industrial 3D printing solutions that are disrupting traditional manufacturing processes by bringing product strength and production speed together, at scale, with a no-compromise engineering material set. Essentium manufactures and delivers innovative industrial 3D printers and materials enabling the world’s top manufacturers to bridge the gap between 3D printing and machining and embrace the future of additive manufacturing. Essentium, Inc. is ISO 9001:2015 and ITAR certified.Media Contact:  Debbie@Rainemakers.comMedia Materials: https://Essentium.com/Press-Room/ Share
Opportunities for machine and material innovation to increase agility, resilience, customization, and design freedomEssentium, Inc., a worldwide leader in industrial additive manufacturing (AM), today announced 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 wide-ranging benefits, including high part performance [46 percent], cost reduction [46 percent], and speed-to-part [45 percent].Changes over the last year showed 3D printing’s relevance in manufacturing. The AM industry proved it could step in to make quantities of supplies at scale to keep assembly lines moving; it showed 3D printing is ready for prime time. 2021 will mark the year that additive at scale transforms manufacturing across sectors, including aerospace, automotive, electronics manufacturing services, and biomedical.However, innovation is essential to remove remaining obstacles to AM adoption and help companies manufacture in new ways. Specifically, 98 percent of manufacturing executives see value in improved materials, 37 percent are held back by the high cost of 3D printing materials, and 24 percent said 3D printing materials are unreliable.Gaining approvals for capital investments will remain a challenge throughout 2021 – 20 percent of executives report that industrial-scale 3D printing hardware is too expensive, and 18 percent indicate they have too much investment in other manufacturing technology.Essentium remains committed to working in an open ecosystem with its customers to address these challenges, ensuring the right economics for industrial-scale 3D printing and integration with existing machinery and work practices on the factory floor. Essentium is also innovating to provide high-performance and affordable polymers for aerospace, automotive, oil and gas, and tooling applications.Said Blake Teipel, Ph.D., CEO and Co-founder, Essentium: “Manufacturing companies have finally cracked the code of AM for full-scale production runs of hundreds of thousands of parts, and there will be no turning back. There is no longer any doubt whether AM investments deserve a central feature in the execution strategies of companies endeavouring to out-perform their peers. By working with our customers to drive innovation, financial, and efficiency benefits, we are helping them move forward into a leaner, more agile future enabled by additive manufacturing.”About EssentiumEssentium, Inc. provides industrial 3D printing solutions that are disrupting traditional manufacturing processes by bringing product strength and production speed together, at scale, with a no-compromise engineering material set. Essentium manufactures and delivers innovative industrial 3D printers and materials enabling the world’s top manufacturers to bridge the gap between 3D printing and machining and embrace the future of additive manufacturing. Essentium, Inc. is ISO 9001:2015 and ITAR certified.Media Contact:  Debbie@Rainemakers.comMedia Materials: https://Essentium.com/Press-Room/
Lewis Simms January 12, 2024Nexa3D Completes Acquisition of Essentium Adding High-Speed Extrusion to Its Powerful Additive Manufacturing PortfolioAcquisition broadens capabilities, adds super polymer expertise, and democratizes access to industrial, health and government customersVENTURA, CA, January 12th, 2024 – Nexa3D, the ultrafast 3D printing leader, announced the successful completion of its acquisition of Essentium, a distinguished manufacturer of high-speed extrusion (HSE) 3D printers and materials. Nexa3D has rapidly emerged as an industry leader in industrial 3D printing, offering revolutionary production solutions to businesses across various sectors. Renowned for its ultrafast 3D printers, which span from desktop to factory floor sizes, Nexa3D’s cutting-edge technology has redefined the possibilities of 3D printing production, enabling unparalleled productivity, accuracy, and material versatility. With over 1500 systems worldwide, Nexa3D’s printers have become the preferred solution for high-throughput production applications. Read More
The Essentium Team November 6, 2023Nexa3D Announces Intent to Acquire Essentium; Adds High Speed Extrusion to its Product PortfolioAcquisition would broaden capabilities, expand addressable markets, and diversify revenues for the fast-growing 3D printing company. Nexa3D, the ultrafast 3D printing leader, has taken a significant step in staking its leadership position in the industrial additive manufacturing space by signing a letter of intent to acquire Essentium, a prominent manufacturer of HSE 3D printers and materials, widely adopted for high requirement, precision applications in aerospace, military, and defense. With this acquisition, Nexa3D would add high-speed extrusion (HSE) to its current product portfolio. Read More
The Essentium Team October 17, 2023Essentium and KVG Rapid 3D Printing Collaboration Strengthens Ukraine’s Defense Response Essentium®, Inc., a leading innovator of industrial additive manufacturing (AM) solutions, has joined forces with KVG®, an internationally recognized mission support provider, to provide Ukraine with 3D printing solutions, training, and manufacturing tools. These 3D printing capabilities enable rapid, on-demand production of mission-critical parts and components in the field of conflict. Read More
