AREVO, a Silicon Valley company startup transforming composites production through digitalization and automation, is building one of the world’s largest high-speed continuous carbon fiber reinforced polymer (CFRP) composites MaaS additive manufacturing facilities.
The plant will be one of the first of its scale to operate on a rapid-turnaround manufacturing-as-a-service model, producing custom products on a just-in-time basis. Continuous CFRP composites can have a strength-to-weight ratio over 60 times that of steel and be used in products such as elite-level bicycles, Formula One race cars, and the latest generation fighter aircraft.
With the completion of Arevo’s second-generation composite material deposition technology, which is over four times faster than the first generation, the company plans to host hundreds of production systems at the center of a yet-to-be-announced Asian city. This will equip the company with the capacity to meet burgeoning customer demand for the rapid turnaround of large and geometrically complex CFRP products.
Key executives have been onboarded to support and scale the business. The new CEO is Sonny Vu, a serial entrepreneur who most recently founded Misfit, a wearables company acquired by Fossil. Tuan TranPham, one of the longest-tenured veterans (17 years) in the 3D printing industry now officially takes the role of CRO. He. was most recently the Chief Revenue Officer of Desktop Metal. Daisuke Tanaka, also a serial entrepreneur is the new GM for Japan. He has built experience as a general manager for numerous Japanese technology companies.
“The new team will be key to our success as we enter into this new expansion phase. We needed people who had a blend of startup experience, ability to scale technical businesses as well as deep industry experience in additive manufacturing,” said Hemant Bheda, Arevo Co-Founder and Chairman.
“It’s exciting to be a part of what is one of the most ambitious and interesting opportunities I’ve seen in the 3D-printing industry in the last 20 years,” added Tuan TranPham.
“We are now aggressively recruiting additional commercialization and technical talent,” continued Bheda.