ROCK HILL, S.C. and
COLOGNE, Germany, Aug. 29, 2019 /PRNewswire/ -- 3D
Systems (NYSE: DDD) and TOYOTA Motorsport
GmbH (TMG), a wholly owned subsidiary of TOYOTA Motor
Corporation, today announced they have entered a partnership
to change automotive engineering. TMG is recognized as a global
leader in motorsport, providing services to external clients
as well as members of the Toyota family from
its high-performance testing and development facility located
in Cologne, Germany. 3D
Systems pioneered the 3D printing industry and is renowned for its
unparalleled additive manufacturing solutions designed to
accelerate manufacturers' production workflows. Through this
partnership, the companies intend to develop first-to-market
manufacturing solutions - including 3D printers, materials and
software – to change automotive design and production.
"In motorsport, we know that being first is what counts and we
bring this same attitude to our entire business," said Andreas Schambach, project general manager
future production technology, TOYOTA Motorsport GmbH. "We are on
the cutting-edge of motorsport and want to partner with companies
that are leading the way so TOYOTA can maintain its
advantage. TMG has chosen 3D Systems for this partnership
because they share our pioneering spirit – exhibited by the fact
that they introduced the world to 3D printing. We see the
unparalleled potential of combining 3D Systems' expertise and
know-how with that of TMG to create technologies and define new
additive manufacturing innovations in the automotive industry."
Through this collaboration, TMG and 3D Systems will demonstrate
how their first-to-market additive manufacturing solutions drive
success in motorsport – recognized as one of the most demanding and
competitive industries in the world.
"TMG's facility will become a showcase for world-class advanced
digital manufacturing," said Schambach. "Our team of experts will
complement that of 3D Systems', to develop advanced laser sintering
technologies, and a portfolio of materials with improved properties
to meet the rigorous demands of motorsport. We intend to use these
new technologies to more quickly and efficiently create
light-weight, high quality production parts for our motorsport
projects, leading to competitive advantage."
As part of this partnership, TMG named 3D Systems "Additive
Manufacturing Machine Provider of Choice." 3D Systems is the only
company in the industry to provide complete solutions that include
3D printers, materials, and software. The company also has
demonstrated its deep experience and expertise in the automotive
industry where its solutions are deployed globally for track cars
and road cars. TMG plans to incorporate 3D Systems' Figure
4® Standalone, ProX® 800, sPro®
60, sPro 230, and Geomagic® Design X software into
its manufacturing workflow.
"I'm inspired by the potential of our collaboration with TOYOTA
Motorsport," said Herbert Koeck,
EVP, global go to market, 3D Systems. "TMG is a known leader in
their industry as 3D Systems is in ours. Bringing together our
collective expertise, curiosity, and desire to bring solutions to
new applications challenges will yield first-to-market technologies
that have the power to redefine an industry. I look forward to the
innovation we'll bring to fruition over the course of this
partnership."
TMG and 3D Systems will first appear together at the FIA World
Endurance Championship, August 30-September
1 at Silverstone (UK). 3D Systems' logo will be on the two
TOYOTA GAZOO Racing cars - #7 driven by Mike Conway, Kamui Kobayashi and José María
López and #8 driven by Sébastien Buemi, Kazuki Nakajima and Brendon Hartley. Buemi and Nakajima won the
drivers' World Endurance Championship last season, as well as the
2018 and 2019 24 Hours of Le Mans.
Forward-Looking Statements
Certain statements made in
this release by or in reference to 3D Systems that are not
statements of historical or current facts are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the
actual results, performance or achievements of the company to be
materially different from historical results or from any future
results or projections expressed or implied by such forward-looking
statements. In many cases, forward looking statements can be
identified by terms such as "believes," "belief," "expects," "may,"
"will," "estimates," "intends," "anticipates" or "plans" or the
negative of these terms or other comparable terminology.
Forward-looking statements are based upon management's beliefs,
assumptions and current expectations and may include comments as to
the company's beliefs and expectations as to future events and
trends affecting its business and are necessarily subject to
uncertainties, many of which are outside the control of the
company. The factors described under the headings "Forward-Looking
Statements" and "Risk Factors" in 3D Systems' periodic filings with
the U.S. Securities and Exchange Commission, as well as other
factors, could cause actual results to differ materially from those
reflected or predicted in forward-looking statements. Although
management believes that the expectations reflected in the
forward-looking statements are reasonable, forward-looking
statements are not, and should not be relied upon as a guarantee of
future performance or results, nor will they necessarily prove to
be accurate indications of the times at which such performance or
results will be achieved. The forward-looking statements included
are made only as the date of the statement. 3D Systems undertakes
no obligation to update or review any forward-looking statements
made by management or on its behalf, whether as a result of future
developments, subsequent events or circumstances or otherwise.
About 3D Systems
More than 30 years ago, 3D Systems
brought the innovation of 3D printing to the manufacturing
industry. Today, as the leading AM solutions company, it empowers
manufacturers to create products and business models never before
possible through transformed workflows. This is achieved with the
Company's best-of-breed digital manufacturing ecosystem - comprised
of plastic and metal 3D printers, print materials, on-demand
manufacturing services and a portfolio of end-to-end manufacturing
software. Each solution is powered by the expertise of the
company's application engineers who collaborate with customers to
transform manufacturing environments. 3D Systems' solutions address
a variety of advanced applications for prototyping through
production in markets such as aerospace, automotive, medical,
dental and consumer goods. More information on the company is
available at www.3dsystems.com.
About TOYOTA Motorsport GmbH (TMG)
TOYOTA Motorsport
GmbH (TMG) has been based in Cologne,
Germany since 1979 and built its reputation in motorsport,
beginning with two decades of FIA World Rally Championship success.
TMG's facilities and capabilities expanded significantly during its
time in Formula 1 (2002-2009). Since the end of that era, TMG has
combined works motorsport participation in the FIA World Endurance
Championship with research and development support for TOYOTA Motor
Corporation and a thriving business as a supplier of
high-performance services to the automotive and motorsport sectors.
Additionally, TMG has built a growing customer motorsport business
covering activities in rally and circuit racing, with all
activities inspired by TMG's vision of Creating Excitement
Through Team Spirit and Advanced Technology.
www.racingbytmg.com
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SOURCE 3D Systems