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Manufacturing Technology Insights | Friday, August 28, 2020
Azul 3D allows manufacturers to transition from prototype to mass-manufacturing on one streamlined platform and offers higher throughput, limitless scale, and just-in-time mass production of diverse, highly customized products.
FREMONT, CA: Azul 3D, a leading-edge 3D printing company, raised $12.5 million in its second stage of seed financing, which will be used to advance the company’s proprietary high area rapid printing (HARP) technology and to launch its first commercial printers.
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[vendor_logo_first]Backers included Louis A. Simpson, former CIO for Geico, former manager of Berkshire Hathaway and founder of SQ Advisors; Wally Loewenbaum, former chairperson of 3D Systems; Joe Allison, former CEO of Stratasys Direct Manufacturing; Hugh Evans, former senior vice president of corporate development for 3D Systems.
Azul 3D is scheduled to ship its first printers to beta partners in the first quarter of 2021, with a full launch of production-ready printers at the end of 2021. Its customers will use the printers for manufacturing, as opposed to prototyping, producing several tons of polymer goods per year using HARP.
Chad Mirkin, leader of HARP’s product development, believes HARP overcomes the limitations of previous 3D printing technologies: “3D printing is conceptually powerful but has been limited practically. If we could print fast without limitations on materials and size, we could revolutionize manufacturing. HARP is poised to do that.”
Currently, Azul 3D is helping to combat the COVID-19 crisis by printing much-needed personal protective equipment (PPE). The company produces medical face shields for healthcare workers at a record establishing rate of 1,000 per day per printer, to protect essential workers against COVID-19. Their next-generation printer will come online in June, doubling this throughput capacity.
Azul 3D has been asked by several state and foreign governments to examine how they can utilize their unique high-throughput additive manufacturing technologies to lessen reliance on emergency stockpiles, transitioning to a ‘manufacture on-demand’ mentality. With shifting needs during moments of national crisis, such a capacity would be transformative for emergency response.
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