On February 5, 2020, it was learned from foreign media that a large metal company incubated by Cranfield University in the United Kingdom3D printingTechnology company WAAM3D recently announced that it has received investment from Accuron Technologies Ltd, an international engineering technology group in Singapore. This is the Series A financing obtained by WAAM3D.
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△WAAM technology3D printinghead
Currently, WAAM3D is seeking to commercialize wire-based additive manufacturing (WAAM) technology. With new investment, WAAM3D deepens the application of technology. Sir Peter Gregson, Vice-Chancellor of Cranfield University, said: “Cranfield University focuses on innovation and focuses on applied research that affects current and future industries. I am very pleased to see this new technology take a big step forward. Welcome Accuron Technologies for our support and investment.”
Invest in WAAM
WAAM3D was established in 2018 to commercialize the application of WAAM technology in the engineering industry. These include professional CAM software, machinery and materials, as well as support and training platforms.
It is part of the WAAMMat program of Cranfield University, which aims to cooperate with industry partners to improve the maturity of the WAAM process. Since 2006, Cranfield University has been committed to the research and development of the WAAM process. In addition to WAAM, the university will continue to focus its research work on new processes, such as NEWAM (New Material Manufacturing), through funding from the Industrial Projects and Engineering and Physical Science Research Committee. With funding from Accuron Technologies, WAAM3D plans to recruit up to 20 employees in the coming year, expand its business scale, and continue to maintain close ties with Cranfield University.
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The main business of Accuron Technologies involves precision manufacturing, material processing, system design and system integration in the aerospace, electronics and medical industries. It is a wholly-owned subsidiary of Temasek Holdings. Temasek Holdings is a sovereign wealth fund owned by the Singapore government and recently participated in the latest round of financing by Carbon. This is Singapore’s continued investment in additive manufacturing technology, and the country is adopting it in aerospace and other industries through various government programs.
Tan Kai Hoe, President and CEO of Accuron Technologies, explained: “We are very pleased to have this opportunity to invest in WAAM3D. Recently, we have been studying several additive manufacturing technologies, and we believe that WAAM3D’s technology does have the opportunity to change the manufacturing industry. .”
“WAAM3D’s technology and expertise are impressive, which enables it to manufacture a large number of high-quality parts for practical applications. With our capital investment and industrial knowledge, we hope to help WAAM3D realize its true potential.”
WAAM 3D printingWhat is the craft?
WAAM is a large-scale metal additive manufacturing process that uses electric arc or laser to continuously melt and stack metal wire raw materials to form parts. In 2014, WAAMat showed a 1.2-meter long3D printingComponents. From then to 2019, his work was basically undisclosed, except for moving into Cranfield’s £35 million Aerospace Integrated Research Center (AIRC).
However, last year WAAM3D and Cranfield University released two of their most compelling parts developed using arc additive manufacturing (WAAM) technology. These include the 2.5mx 1.5m rear frame for the BAE Systems Eurofighter Typhoon aircraft and the prototype pressure vessel developed in cooperation with the French-Italian aviation manufacturer Thales Alenia Space. The CEO of WAAM3D, Dr. Filomeno Martina (also a senior lecturer at Cranfield) described these two projects as the “most important results” of the WAAMat program.He added: “All these parts have been programmed and built using our own new CAM software developed.” Cranfield University and WAAM3D also won the 2019 year for rear frame parts.3D printingIndustry awards for the annual aerospace or automotive application award.
Compiled from: 3dprintingindustry
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