Additive Manufacturing Strategies

SLM Solutions, 3D Laser Sintering Company, To Go Public On Frankfurt Exchange

ST Medical Devices

Share this Article

We have had a lot of news come out of the United States regarding 3D printing companies filing for initial public offerings, but probably the second most exciting market for 3D printing is in Germany. Germany is home to slm-2VoxelJet, a company that is able to 3d print large objects, at competitive prices, and it  happens to be listed on the US exchanges.

This morning SLM Solutions announced that they will be floating shares on the Frankfurt stock exchange. The company is seeking to raise 75 million euros, (Approximately $103 million) to expand their growing selective laser sintering machine business. SLM Solutions reported profits of 2.5 million euros last year, on revenue of 21.6 million euros. The exact price at which their shares will debut on the Frankfurt exchange has not been announced, and will likely take place within the next month. Credit Suisse and Deutsche Bank have been hired by the slm-1company for this floatation.

“We believe the market for metal-based 3D printing is at an inflection point, with the technology being ready for industrial serial production,” Chief Executive Markus Rechlin said in SLM’S “intention to float” statement, which was published on Monday.

SLM Solutions, located in Lübeck, Germany, has clients worldwide whom are mainly within the automotive, aerospace, education, health, and research industries. The company is formally known as MTT Technologies GmbH, prior to a name change in 2010.  This is certainly an exciting time within the additive manufacturing industry, as more and more companies raise money to expand their innovative abilities, as well as potential to grow.  Discuss this story about SLM Solutions in the 3DPrintBoard forum thread.

Share this Article


Recent News

New Self-Healing Plastic for 3D Printing Epitomizes Plastic Conundrum

3D Printing Drone Swarms, Pt 11: AI-Powered Boats



Categories

3D Design

3D Printed Art

3D Printed Food

3D Printed Guns


You May Also Like

Nuclear Reactor 3D Printing Method Licensed from ORNL

The U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) has been making significant progress in 3D printing parts for use in one of the most volatile and dangerous environments:...

3D Printing Drone Swarms, Part 7: Ground & Sea Logistics

As we discuss in our ongoing 3D Printing Drone Swarms series, additive manufacturing (AM) will play an increasing role in the production of all manner of semi-sentient robots. This has...

3D Printed Oil Tanker Parts Approved after 6 Months of Evaluation Use

The oil and gas markets, along with maritime, are less exploited sectors for the additive manufacturing (AM) industry. However, progress is being made in this regard, with a group of...

The Calm Before the Swarm: Notre Dame Researcher 3D Prints Swarm of Robot Insects

The spread of blueprints for DIY gun manufacture has been one of the most infamous developments in 3D printing’s recent history. But this is, of course, far from the only...


Shop

View our broad assortment of in house and third party products.