U.S. Air Force Contract Taps 3D Systems to Transform Manufacturing of Aerospace Components
May 21 2015 - 4:46PM
- $1.3M contract focused on building the most advanced aircraft
heat exchangers ever made - 3DS partners with global leaders
in aerospace and metal research - Utilizing 3DS' Direct Metal
Printing (DMP) to manufacture highly complex, end-use metal
aircraft components
3D Systems (NYSE:DDD) announced today its role in a $1.3 million
contract to design, build and test a cutting-edge aircraft heat
exchanger to be manufactured using 3D printing. Led by Honeywell
International, a world leader in heat exchanger production, this
project will utilize 3DS' Direct Metal Printing (DMP) technology as
well as the additive manufacturing and materials expertise of Penn
State's Center for Innovative Materials Processing through Direct
Digital Deposition (CIMP-3D). Such qualified use of additive
manufacturing will not only revolutionize jet engine manufacturing,
but it will also open the technology to a multibillion-dollar heat
exchanger market.
The project, set to commence in mid-2015, builds off another
contract announced in February to enable wider adoption of 3DS'
metal technologies within aerospace companies.
Administered by America Makes and funded by the Air Force
Research Laboratory (AFRL), this contract underscores 3DS'
technological leadership and proven defense/aerospace manufacturing
track record.
"Additive manufacturing offers design freedoms that are simply
not possible using traditional manufacturing process," John
Wilczynski, America Makes Deputy Director of Technology
Development. "The teaming by America Makes with industry leaders
and researchers that possess substantial experience in heat
exchangers and 3D printing will allow us to explore
higher-performing and lower-cost conformal parts. As a result, both
the Air Force and the defense industry are poised to benefit
greatly from this directed project."
In addition, this effort accelerates validation of 3DS'
manufacturing capability and provides America Makes
members—including every major U.S. defense and aerospace
company—with the hard data necessary to evaluate the technology.
Further, it is expected that this project's results could
accelerate validation of 3DS' manufacturing capability as a new
component of Honeywell's supply chain.
"3DS' Direct Metal Printing technology is second-to-none," said
Neal Orringer, Vice President of Alliances & Partnerships, 3DS.
"This contract selection will allow our team to deliver to the Air
Force innovative, high-performing heat exchangers, and will provide
valuable data on part strength, pressure resistance and
performance."
Learn more about 3DS' commitment to manufacturing the future
today at www.3dsystems.com.
About 3D Systems
3D Systems provides the most advanced and comprehensive 3D
digital design and fabrication solutions available today, including
3D printers, print materials and cloud-sourced custom parts. Its
powerful ecosystem transforms entire industries by empowering
professionals and consumers everywhere to bring their ideas to life
using its vast material selection, including plastics, metals,
ceramics and edibles. 3DS' leading personalized medicine
capabilities save lives and include end-to-end simulation, training
and planning, and printing of surgical instruments and devices for
personalized surgery and patient specific medical and dental
devices. Its democratized 3D digital design, fabrication and
inspection products provide seamless interoperability and
incorporate the latest immersive computing technologies. 3DS'
products and services disrupt traditional methods, deliver improved
results and empower its customers to manufacture the future
now.
Leadership through Innovation and
Technology
- 3DS invented 3D printing with its Stereolithography (SLA)
printer and was the first to commercialize it in 1989.
- 3DS invented Selective Laser Sintering (SLS) printing and was
the first to commercialize it in 1992.
- 3DS invented the ColorJet Printing (CJP) class of 3D printers
and was the first to commercialize 3D powder-based systems in 1994.
- 3DS invented MultiJet Printing (MJP) printers and was the first
to commercialize it in 1996.
- 3DS pioneered virtual surgical simulation (VSSTM) and virtual
surgical planning (VSP®), and its leading 3D healthcare products
and services help doctors achieve better patient outcomes.
Today its comprehensive range of 3D printers is the industry's
benchmark for production-grade manufacturing in aerospace,
automotive, patient specific medical device and a variety of
consumer, electronic and fashion accessories.
More information on the company is available at
www.3dsystems.com.
CONTACT: Investor Contact:
Stacey Witten
Email: investor.relations@3dsystems.com
Media Contact:
Wendy Pinckney
Email: Press@3dsystems.com
3D Systems (NYSE:DDD)
Historical Stock Chart
From Mar 2024 to Apr 2024
3D Systems (NYSE:DDD)
Historical Stock Chart
From Apr 2023 to Apr 2024