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Manufacturing Technology Insights | Tuesday, February 08, 2022
Equispheres receives funding to help with commercialization.
FREMONT, CA: "Equispheres metal powders have unique properties that enable faster production of stronger, lighter, and more reliable 3D printed parts," states Kevin Nicholds, CEO. "This contribution will allow us to scale up our production process and take advantage of an exponentially growing opportunity in the 3D printing space." Equispheres Inc. will receive a $3.5 million repayable investment from the Federal Economic Development Agency for Southern Ontario's (FEDDEV) Ontario Business Scale-up and Productivity Program to expedite their metal powder materials for additive manufacturing. Equispheres is ramping up production of its patent-pending aluminum powders by bringing additional high-speed commercial reactors online.
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The Honourable Helena Jaczek, Minister Responsible for FEDDEV, and local Kanata-Carleton Member of Parliament Jenna Sudds confirmed the investment at a joint press conference as part of Canada's commitment to innovation and climate change.
Additive manufacturing (AM) is a game-changer in various industries. Equispheres' powder meets the requirement for reduced-weight components in automotive and aerospace applications while maintaining high precision, repeatability, and mass production speeds.
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“Equispheres aims to enable industrial 3D printing to compete with traditional manufacturing. Our metal powder technology dramatically reduces the cost of 3D part production such that it is economically viable in volume manufacturing applications such as automotive,” adds Nicholds.
Equispheres' high-performance feedstock has been proved in recent tests by equipment maker Aconity3D to print three times faster than standard powders and achieve 50 percent cost savings on parts. Equispheres' materials can assist Canadian and global firms to adopt efficient, sustainable, and cost-competitive additive manufacturing technologies.
Equispheres has strengthened its executive team with significant automotive experience. Thomas Bloor has joined the company as vice president of global business development. In contrast, Rob Wildeboer, executive chairman of Tier One automotive supplier Martinrea International, has been appointed to the company's board of directors.
In December, Calvin Osborne was appointed Chief Operating Officer of Equispheres to oversee the company's scale-up and commercialization initiatives. Three more reactors will come online in 2022, increasing production capacity and creating new jobs in the Ottawa region.
“We are grateful for the Government of Canada’s strong leadership on climate action and programs that support this kind of cleantech innovation,” comments Nicholds. “This significant investment by FEDDEV will support the next steps in our growth: working with partners in the automotive, aerospace and defence sectors to qualify our materials for industrial applications.”
Aluminum powders are manufactured by the company using a proprietary atomization process that results in extremely homogeneous, spherical particles with properties well-suited for additive manufacturing.
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