Home / 3D Printer Hardware / SLM Solutions confirms 12-laser SLM Cube system is on schedule for 2019 launch

SLM Solutions confirms 12-laser SLM Cube system is on schedule for 2019 launch

As highlighted by 3DPBM’s Dutch-language media partner site – 3D Print Magazine – SLM Solution‘s latest investor relations report on Fiscal Q1 2018 did not just announce a positive start of the new year, with total operating revenue increased by 34.8% (mainly due to increase of stocks in preparation of the move into new facilities at the beginning of May 2018). The company also boldly stated that it is heading where no metal AM system OEM has gone before: 12-laser powder bed fusion, with the new SLM Cube.

Henner Schöneborn, CTO of SLM till 30 June this year stated that “the development of the SLM Cube machine with a build chamber of 600×600 mm and a minimum of 12 Lasers is on track. We are still confident – he added – that we will be able to present this machine in November 2019. Next to this we are especially working on further integrating our machines into the production processes of our customers, in order to ease our customer´s process of producing parts in a serial production environment. I personally see the company technologically very well positioned and leave SLM with a smile in the one eye and a tear in the other eye to address new challenges after 25 years with the company”.

SLM Solutions generated revenues of 15M euro in Q1 2018. Order intake in Q1 2018 decreased by 2.5 million euro, with 3 fewer machines sold compared to the same period last year. Current order intake on the other side (01 January to 08 May 2018) is at 16M euro with 25 piece on order compared to 19 last year.  The frame agreements signed in 2017, totaling to a value of 100 Million euro, which otherwise would have been placed as single-orders throughout the course of 2018, provide a solid base of planning for SLM.

Total operating revenue (the sum of consolidated revenue, inventory changes, and other own work capitalized) of 18.551 million euro was up by 34.8 % year on year, mainly due to an increase of stocks as preparation in view of the company moving into its new facilities at the beginning of May 2018. This is also visible in the Working Capital, which increased by 38.8% to 58.3 million euro

Via 3D Print Magazine

3D Printing Business Directory

About Davide Sher

Over the last decade Davide has built up extensive experience as both a technology journalist and communications consultant. Born in Milan, Italy, he spent 12 years in the United States, where he received his undergraduate degree from SUNY Stony Brook. He is a senior analyst for US-based firm SmarTech Publishing focusing on the additive manufacturing industry. He founded London-based 3D Printing Business Media Ltd. which specialises in media and communications services for the 3DP and AM industry, through which he runs 3D Printing Business Directory, the largest global directory of companies related to 3DP, as well as two editorial websites, 3D Printing Media Network and Il Replicatore.

Check Also

vendor

Stocks up 88% as Nano Dimension achieves US Government Certified Vendor Status

Share Tweet Share Buffer EmailNano Dimension Ltd., the leading additive electronics hardware provider, recently sold …

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies allow us to count visits and traffic sources, so we can measure and improve the performance of our site.

We track anonymized user information to improve our website.
  • _ga
  • _gid
  • _gat

We track anonymized user information to improve our website.
  • BizoID
  • UserMatchHistory
  • bcookie
  • lang
  • lidc
  • join_wall
  • RT

Decline all Services
Accept all Services