APWORKS is an expert in metal 3D printing, and has been involved with initiatives and partnerships all over the industry. Until now, APWORKS has been a subsidiary of Airbus, itself a frequent user of 3D printing, but today the company announced that it has been acquired by aerostructures supplier Premium AEROTEC.
Premium AEROTEC is no stranger to using metal 3D printing in aviation; it was the first aviation supplier to introduce 3D printed titanium components into the structure of an aircraft. The company has capabilities running through the full additive manufacturing process chain, from product conception to development and printing to downstream process steps.
“Our investment has created a powerful alliance between Premium AEROTEC and APWORKS which opens up all of the opportunities in additive manufacturing for both actual and future clients,” said Dr. Thomas Ehm, Chairman of the Executive Board at Premium AEROTEC. “We want to actively support APWORKS on its dynamic growth journey. With our experience as a pioneer in metal 3D printing and our knowledge of the tried and trusted quality standards in aerospace, we are the industrial reference point for APWORKS’ innovative ideas.”
APWORKS’ goal is to support its clients in advancing in additive manufacturing-related areas. The company has a broad client base and can rely on expertise in identifying application fields suitable for 3D printing, optimization in line with 3D design guidelines and an expert understanding of materials. APWORKS produces components both in mass and as prototypes using its own machinery, serving clients from several industry sectors and helping them to pursue industrial production of components using additive manufacturing.
“With Premium AEROTEC coming on board, we can take a huge step closer to our vision of industrial mass production using additive manufacturing technology,” said Joachim Zettler, Managing Director of APWORKS. “The aim is to combine APWORKS’ highly dynamic approach in solving the issues posed by our clients’ additive manufacturing questions with Premium AEROTEC’s decades of production experience to elicit maximum benefit for our clients from each and every industry, throughout the entire additive manufacturing value added chain.”
The partnering of APWORKS and Premium AEROTEC will give clients access to 11 production units and a wide variety of materials. Premium AEROTEC will be the sole shareholder, with APWORKS maintaining its own market presence as an independent company.
APWORKS helps clients to identify which components are suitable for 3D printing, then to optimize them and produce them as quickly as possible. The company also focuses on prototyping, development and distribution of Scalmalloy, a patented high strength aluminum alloy for additive manufacturing and mass production. In addition, APWORKS is working on the development of special software for additive manufacturing.
The purchasing price of APWORKS has not been disclosed, per agreement between Airbus and Premium AEROTEC.
Discuss this and other 3D printing topics at 3DPrintBoard.com or share your thoughts below.
You May Also Like
New Data Report: 3D Printing Revenues Reached $2.12B in Q3 2020, Says SmarTech Analysis
Due to the COVID-19 pandemic, the global economy took a steep nose dive in 2020. This included the 3D printing market during the first half of the year, but our...
Dream M&As: 3D Printing Mergers and Acquisitions We’d Like to See in 2021
Inspired in part by the acquisition of EnvisionTEC by Desktop Metal and of Origin by Stratasys, we’ve been brainstorming about the newly hot 3D printing stocks and renewed interest from...
3D Printing Webinar and Virtual Event Roundup: January 17, 2021
We’ve got all kinds of virtual events and webinars to share with you this week, with topics ranging from 3D design and medical applications to simulation and more. Read on...
Desktop Metal (DM) Buys EnvisionTEC to Quickly Boost Revenues?
Wow. Publicly traded Desktop Metal (NYSE:DM) has just purchased EnvisionTEC for $300 million in stock and cash. For my part, I would have paid all my money to be a...
View our broad assortment of in house and third party products.