Hittech Group, a Netherlands-based manufacturer of advanced machinery, and 3T Additive Manufacturing, a UK-based engineering firm specializing in additive manufacturing (AM), have announced that the two companies will form a joint venture to bring their combined expertise to markets relevant to AM, especially the semiconductor sector. Expected to be formed sometime in the next year, Hittech and 3T will headquarter the venture in either the Netherlands or Germany.
3T is part of the BEAMIT Group, an Italian engineering services provider that counts Swedish engineering giant Sandvik as one of its major shareholders. Although the semiconductor industry is not the sole focus of the partnership, it seems likely that at least part of the logic behind the decision to form the new venture is passage of the European Chips Act (ECA) in September 2023, which involves over €43 billion (around $46 billion) in public and private investments.
Decarbonization will of course need to be rapidly embedded into the organizational structure of every sector over the next decade. But there are two areas of the global economy, in particular, that will need to implement that mentality more quickly than all the others, in order for the overall transition towards net-zero to have any chance of success.
Those areas are all the sectors involved in the extraction and supply of energy in all its forms, and the semiconductor sector. Because these two areas are both so integral to one another, as well as to the rest of the global economy — and are also responsible for such a high proportion of global carbon emissions — the long shot that is net-zero will be genuinely impossible unless the supply chains for both energy and semiconductors take the lead in decarbonizing.
Although AM’s status as a still relatively unproven set of technologies means no one knows the answer to this for sure, there is certainly much evidence and common sense suggesting that if the global economy goes all in on AM, it could make a major impact on decarbonization goals. Much of that depends on how intent the personnel in the AM sector are on actualizing that potential, so it’s nice to see companies like Hittech and 3T taking specific action towards that end.
Subscribe to Our Email Newsletter
Stay up-to-date on all the latest news from the 3D printing industry and receive information and offers from third party vendors.
You May Also Like
3D Printing Webinar and Event Roundup: December 1, 2024
We’ve got several webinars this first week of December, plus events all around the world, from Chicago, Los Angeles, and Austin, Texas to the UK, Barcelona and beyond. Plus, there...
3D Printing News Briefs, November 16, 2024: Feasibility Study, Mobile 3D Printer, & More
We’re starting off today’s 3D Printing News Briefs with a little business, including a new 3D printer launch, a feasibility study, an automotive partnership, and more. Then we move on...
3D Printing Financials: Materialise’s Diversified Portfolio Powers Q3 Growth
Materialise (Nasdaq: MTLS) has wrapped up a solid third quarter, fueled by growth across its diverse 3D printing segments. Known for its pioneering role in 3D printing software, Materialise demonstrated...
Ricoh Wants to Make Surgery Easier with Custom 3D-Printed Guides for U.S. Surgeons
Orthopedic and maxillofacial surgeons may soon have access to surgical tools designed specifically for each patient. Thanks to a new partnership between Ricoh 3D for Healthcare and Insight Surgery, custom...