Australian metal 3D printing company Aurora Labs Limited has announced the formation of a new company, AdditiveNow. The new company was formed through a 50/50 incorporated joint venture with engineering firm WorleyParsons Services Pty Ltd.
The collaborative venture, which has been in the works for some time, was officially signed into being today by the two companies. AdditiveNow itself will offer end-to-end additive manufacturing services—from early advising stages all the way through to production and verification. The new company’s business will primarily be focused towards serving oil & gas, mining and major infrastructure clients.
The newly formed AM service will leverage Aurora Labs’ metal 3D printing platform as well as WorleyParsons broad network of industry contacts to serve the aforementioned markets.
“The finalisation of this joint venture is a significant step forward for Aurora and for the 3D printing industry as a whole,” commented David Budge, the Managing Director of Aurora Labs. “We look forward to helping our new broader network of customers to find business advantage through 3D printing solutions, especially across the mining, oil & gas and major infrastructure sectors.”
AdditiveNow will work towards offering the following services to its clients: Consultation, to help clients understand the potential benefits of AM for their particular business through optimization studies for improved efficiency, operability and manufacturability; Engineering, to provide AM engineering services to customers, including parts design, custom metal printing, part optimization and certification; and Agile Manufacturing-Short Run Productions, which will consist of an end-to-end production service aimed at reducing costs and improving part performance.
“As our technology comes to market, Aurora is optimistic that interest in 3D printing technology across these industries increase, and Aurora will follow any growth opportunities,” added Budge. “We have already identified and initiated discussions with specific customers for efficiency opportunities to reduce their capital committed to spare parts and inventory, potentially replacing aspects of traditional supply chain with 3D metal printing technology. This has the potential to result in reducing inventory holding costs, freight and manufacturing lead times. We are looking forward to finding more commercial applications of the technology through this joint venture.”
Aurora Labs emphasizes that the new Australia-based AM service will be partially dependent on its own business—including the continued development and production of its titanium and metal AM products. Presently, Aurora Labs markets its industrial S-Titanium Pro 3D printer which is equipped with both DMLS and DMLM processes. However, it has gained attention over the past year for its Large Format Technology, a still in development process which promises dramatically faster build rates than existing titanium AM systems.
In September, for instance, the company announced it had successfully 3D printed complex parts at a speed of 15.88 kg/day, making the process about eight times faster than the top market speed. The company aims to increase the system’s build speed to 1000 kg/day by scaling up the technology.