The Canadian materials science company Equispheres has received $8 million from a national government agency to help scale its metal additive manufacturing powder production capacity. The Sustainable Development Technology Canada (SDTC) is a foundation set up by the Government of Canada to support and fund the development of new clean technologies.
The Equispheres’ metal powders are used to design specifically for 3D printing because it can facilitate the light-weighting of components through optimized design, SDTC has offered its backing.
The company believes its additive manufacturing powders boast superior features and characteristics than many of the alternatives already on the market.
Its patent-pending atomization technique is said to produce powders with uniform size and sphericity, as well as consistent microstructure and thinner oxide layers, and thus results in materials that have superior spreadability and flowability, absorb less water and have greater packer density. This, in turn, enables the printing of metal parts with advanced mechanical properties.
The specialist is confident its product will be of great interest to industries, like automotive and aerospace, which are keen to deploy structures and components that are lighter in weight without compromising their performance. This promise has enticed SDTC to back the company and help scale its production capacity over the next two years.
We are excited to receive this funding award from the SDTC Foundation,” (…), This support from SDTC speaks to the importance of our powder technology as a key to achieving significant emissions reductions in the automotive sector. The funding from SDTC will help Equispheres to continue to accelerate our production capacity and support this important work by our automotive partners.”
-Kevin Nichols, CEO of Equispheres
Caption: Equispheres 3D Printing spare parts. Source: TCT Magazine.
The President and CEO of SDTC Leah Lawrence added, “Canadian clean tech entrepreneurs are tackling problems across Canada and in every sector. I have never been more positive about the future. Equispheres has developed a metal powder that acts as ink for 3D printing and enables automotive and aerospace manufacturers to reduce the weight of their products. With Equispheres’ powder set to remove 100-200 kg of mass from an automobile, this would be the equivalent to removing 75 million cars off the road.”
Find More Additive Manufacturing Industry News
- Sources & More information
Related article categories:
Article and featured image:
Sam Davies, TCT Magazine Equispheres receives $8m investment to boost metal additive manufacturing powder production capacity https://www.tctmagazine.com/3d-printing-news/equispheres-investment-metal-additive-proder-production/ published on Jan16, re-edited and published by João Andrade on Jan20 2020;
Featured Image & Article Photo:
Pioneering Minds, Equispheres Receives $8M Investment To Boost Metal Additive Manufacturing https://www.pioneeringminds.com/equispheres-8m-investment-boost-metal-additive-manufacturing/, re-edited by João Andrade on Jan20 2020;