Materials Solutions Limited is a specialist in additive manufacturing of nickel superalloy components for gas turbines used in land-based and aeronautical engines and specialist steels and titanium components for aeronautics systems and motor sports.
The company operates one of the world’s biggest commercially available metals additive manufacturing centers in Worcester, UK. With a global customer base, the company is AS9100 certified for aerospace applications and they boast multiple customer approvals for their supply of AM parts.
“I am extremely pleased that SVC has chosen to invest in Materials Solutions,” says Carl Brancher, the founder and CEO of Materials Solutions. “I believe this investment validates Materials Solutions as the global technology leader in additive manufacturing of nickel superalloys.”
According to Brancher, Materials Solutions has been at the forefront of the field since 2006.
“Materials Solutions has developed high performance materials and manufacturing processes for laser powder bed additive manufacturing particularly targeting gas turbine applications,” he adds. “Our capabilities in additive manufacturing reduce development time and improve new product performance for our customers.”
The Venture Capital Unit of Siemens is the corporate venture capital wing of the company, and it invests in early-stage technology companies as well as established technology growth companies. The venture capital unit focuses on investments in energy, healthcare, industry, infrastructure and cities, and energy markets. The unit thus plays a key role in Siemens’ global innovation network.
“There are now strong signs that Additive Manufacturing will move into mainstream production for land and aero gas turbine components,” says Ralf Schnell, the CEO of the Venture Capital Unit of Siemens. “Materials Solutions are outstanding in capability and experience, and we will support their expansion.”
The Venture Capital Unit of Siemens has invested in nearly 180 startup companies located around the world since 1999.
“My team and I are very excited about the huge benefit for Siemens’ Additive Manufacturing Industrialization Strategy resulting from this strategic collaboration,” says Andreas Fischer-Ludwig, the Director Manufacturing Development & Industrialization for the Siemens Large Gas Turbines and Generators Business Unit.
Markus Seibold, the head of Enabling Manufacturing Technologies at the Siemens Large Gas Turbines and Generators Business Unit, cites familiarity with the work of Materials Solutions as key to the deal.
“We know the people at Materials Solutions well, and they provide strong support for the introduction of additive manufacturing into our large gas turbines and distributed power generation products,” Seibold says.
Terms of the investment arrangement were not announced.
What do you think of this infusion of capital from into UK-based Materials Solutions? Let us know in the Materials Solutions and Siemens Venture Capital forum thread on 3DPB.com.
You May Also Like
3D Printing Webinar and Event Roundup: October 24, 2021
It’s another busy week of events and roundups, covering topics from dispensing and medical applications to AM risk assessment, software, and much more. Read on for all the details! ViscoTec’s...
2021 Formnext Start-Up Challenge & AM Ventures Impact Award Winners Announced
While the physical event was canceled last year due to the COVID-19 pandemic, Formnext is back live and in-person this year, November16-19, albeit with some very specific rules for attendance....
Hexagon & Stratasys Announce Partnership to Integrate Digimat Software with ULTEM 9805
One of the world’s most prominent intelligent manufacturing software firms, Hexagon Manufacturing Intelligence, has announced a new partnership with Stratasys, an industry leader in producing 3D printers and solutions for...
RAPID + TCT 2021 Day 2: 3D Printing with Inkbit, Farsoon, AON3D, & Raise3D
At the recent RAPID + TCT 2021 in Chicago, I had the opportunity to attend keynote presentations, interview several industry companies, watch an awards ceremony, and walk the show floor....
View our broad assortment of in house and third party products.