“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.”
“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.
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