Just because Christmas was two days ago doesn’t mean that the 3D printing industry has been taking a break. In today’s 3D Printing News Briefs, we’ll be covering the latest business and medical 3D printing news, along with a competition and ending on a note from the happiest place in the world. Sigma Labs has been awarded a contract with Laser Zentrum Nord, while GE is increasing its stake in Arcam and Nano Dimension has sold two of its DragonFly 2020 Pro 3D printers. Organovo has received orphan drug designation from the FDA for its 3D bioprinted liver therapeutic tissue, and Glaze Prosthetics is holding a 3D printed prosthetics design competition. Finally, the modeling department at Disney is hanging a partially 3D printed sign over its 3D printer.
Sigma Labs Receives Contract from Laser Zentrum Nord
Quality assurance software provider Sigma Labs has been awarded a contract from Germany-based Laser Zentrum Nord (LZN) for its PrintRite 3D INSPECT software. While contract terms have not been disclosed, both companies have also agreed to collaborate in order to certify Sigma’s IPQA solutions and methodology for serial production 3D printing for aerospace applications.
“Advancements of 3D metal printing into production have been hampered by the inability to identify, monitor and mitigate defects during the printing process. We’re excited to work with Laser Zentrum Nord GmbH on the in- process dynamic behaviors that cause defects and to demonstrate and document how our PrintRite3D IPQA software addresses and solve these problems,” said John Rice, CEO of Sigma Labs. “This contract further validates Sigma Labs' position as a leader in third party, platform independent quality assurance for the metal additive manufacturing industry.”
The PrintRite3D system will be installed onto an SLM Solutions 3D printer at LZN’s Hamburg headquarters.
GE Increases Stake in Arcam AB
Last fall, GE announced its intention to acquire controlling shares in Swedish metal additive manufacturing leader Arcam AB, though American hedge fund Elliott Management Corporation soon rejected GE’s offer to acquire SLM Solutions, and it acquired Concept Laser instead, alongside Arcam. Today, GE has announced that it will be raising its stake in Arcam from 77% to around 95%, after it purchases outstanding Arcam shares, which were up 10.3% this morning, from both Elliott and Polygon Investment Group for SEK 345 ($41.44) each. In addition, GE plans to acquire all of the remaining shares of Arcam in a compulsory buy-out procedure.
After Elliott rejected GE’s initial tender last October, it built a 10% stake in Arcam before GE offered a 5% increase from its first offer, which led to the completion of the deal. After the buy-out, GE will be requesting that Arcam remove its shares from the Nasdaq Nordic exchange in Stockholm.
Nano Dimension Sells Two DragonFly 2020 Pro 3D Printers
Leading additive electronics provider Nano Dimension announced this week that it has sold two of its DragonFly 2020 Pro 3D printers. The award-winning system, which enables the 3D printing of functional electronics, has been purchased by a top European technology research institution, in order to increase its research and development efforts of autonomous systems.
“We see a great potential to expand the use of 3D printing to developing fields such as autonomous vehicles, robotics and automation,” said Nano Dimension’s CEO Amit Dror. “From rapid prototyping of functional circuits to testing and custom manufacturing, 3D-printed electronics opens a whole new world of possibilities in design and engineering, and we're honored to be a part of this institute's research to develop future autonomous systems for a wide range of industries. This is now the second DragonFly 2020 Pro going to a leading global technology research institution. This bears testimony to Nano Dimension's belief that its advanced 3D printed electronics systems are an indispensable tool for cutting-edge research institutions looking into robotics, electrical components, sensors, arrays, antennas as well as other sophisticated circuitry and electronics.”
In addition, a tier 1 European aerospace and defense supplier of components and systems has purchased the DragonFly 2020 Pro, and will install the system at its corporate research and technology center.
FDA Gives Orphan Drug Designation to Organovo