Grant and funding for 3D printing
$20 million investment in local 3D printing company
According to the Buffalo News, “Former Buffalo Sabres owner B. Thomas Golisano is investing $20 million in PostProcess Technologies, a 3D printing technology company based in Buffalo.
PostProcess specializes in automating the finishing of parts produced by 3D printers. Golisano said his investment will help PostProcess “scale to meet market interest.”
The PostProcess team has strong technology but also deep focus on culture, quality and customers,” Golisano said in a statement. “Having an innovative, software-based company in a cutting edge industry right here in Western New York is a key indicator of the momentum in the region’s expanding startup environment.”
Aerospace-3d-printing-market
According to the Aerospace 3D Printing Market Size report,” the market is expected to rise from USD 1,359.1 Million to USD 6,745.5 Million with a remarkable CAGR of 22.17% within the forecast period of 2018 to 2026. As per the current 3D printing aerospace market trends, the Direct Metal Laser Sintering (DMLS) segment will dominate the market, based on printer technology. This is owing to the fact that they are capable of crafting complex geometrical structures. In addition to that, they have other properties such as corrosion-resistant, good welding characteristics, lightweight metal components, and others that will help this segment generate high revenue in the coming years.”
https://www.fortunebusinessinsights.com/industry-reports/aerospace-3d-printing-market-101613
$12 trillion 3D printing industry with the 4th Industrial Revolution
According to Joel Dreyfuss from CNBC, “3-D printing is disrupting the $12 trillion manufacturing industry worldwide, and companies such as Ford, L’Oreal, Siemens and others are training workforces to adopt skills in this technology.”
According to Dr. Bryony Core, senior technology analyst at IDTechEx, an independent analyst firm based in Cambridgeshire, England, “3-D printing is having the largest impact on industries which manufacture low-volume, high-value parts which may benefit from mass customization.”