Grant and funding for 3D printing

Jabil’s plan for $42M medical 3D printing with 24 percent core EPS growth

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According to St. Petersburg-based Jabil (NYSE: JBL),” is set to make a $42 million investment in Albuquerque, New Mexico for technology and equipment as it makes the Duke City its “center of excellence” for 3D printing, officials announced on Aug. 15. The company said it plans to hire 120 employees in the next five years.”
According to New Mexico Gov. Michelle Lujan Grisham said in a statement “We have all the talent in the world right here in New Mexico, and when we build the infrastructure for a 21st-century economy, we will see more young adults stay here and more homegrown talent return here.”
According to CEO Mark Mondello, “I’m extremely pleased with our third-quarter performance, highlighted by solid operational excellence and strong financial results. The team delivered 20 basis points of core margin expansion on double-digit revenue growth, culminating in an impressive 24 percent core EPS growth, year-over-year. Our strong year-to-date results validate that our diversification strategy has firmly taken hold.”

Delivering insoles in 1/2 the time, at a fraction of the cost.

https://www.jabil.com/capabilities/3d-printing.html

https://www.jabil.com/

https://www.jabil.com/capabilities/medical-device-mechatronics.html

https://www.jabil.com/news/jabil-unveils-plans-for–42m-medical-3d-printing-center-of-excel.html

Jabil unveils plans for $42M medical 3D printing center of excellence

https://www.owler.com/reports/jabil/jabil–florida-manufacturing-giant-announces-plans/1565907397761

https://www.bizjournals.com/orlando/news/2019/08/16/florida-manufacturing-giant-announces-plans-to.html?

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Spectroplast silicone 3D printing got €1.4m investment from AM Ventures

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Spectroplast AG has developed a high-precision 3D printing technology for pure silicone, enabling the production of complex soft medical implants. Spectroplast’s Silicones are compatible with the latest SLA and DLP Technology, innovation lies in providing a cutting-edge material technology that makes industry-standard Silicones accessible to Additive Manufacturing.

According to Johann Oberhofern and Manuel Schaffner, Chief Technology Officer at Spectroplast, TCT Magazine, AM Ventures,” introduction of silicones to the world of additive manufacturing is well-timed with the rapidly growing demand for customized silicone products that we not only observe in the healthcare sector but also in many other markets.
As an industry, we are just starting to understand how powerful 3D printing of functional products will become when it is combined with the massive potential offered by industrial-scale production. Having the financial support and domain expertise of AMV will help us execute our mission even more rapidly and broadly.”

https://www.tctmagazine.com/3d-printing-news/spectroplast-silicone-3d-printing-service-investment-am-ventures/

https://spectroplast.com/

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Physna: Compare thousands of 3D models in seconds

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Physna: Compare thousands of 3D models in seconds,
According to Physna’s CEO Paul Powers and Glenn Warner, “Through revolutionary artificial intelligence, Physna uses advanced algorithms to dissect and analyze 3D objects in the blink of an eye.
Many companies have collectively spent billions of dollars on this problem. The reason that Physna is the first to actually fix it is that we used a fundamentally different type of technology.
Compare your IP with others in seconds, ensuring that you’re using the correct models and nobody else is using your designs. Promptly determine if a 3D object matches your standards, allowing you to get to market quicker. Find any 3D object in seconds, old or new, helping to keep department and operation costs to a minimum. Compare any two models instantly and see exactly how much they match with total accuracy and reliability. We call those facets. Everything in nature can be broken down into triangles. We basically analyze the relationship of facets to each other and to the surrounding environment.”

https://www.physna.com/

https://www.wcpo.com/news/insider/don-t-phear-the-phunny-name-physna-could-soon-be-a-1-billion-software-company

https://www.drivecapital.com/index?success=true

https://www.drivecapital.com/

Physna raises $6.9 million to develop “Google of 3D models”

Prellis Biologics has raised $8.7M

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According to Dr. Alex Morgan, Principal at Khosla Ventures and Dr. Melanie Matheu, Prellis Biologics’ co-founder and CEO, “Regenerative medicine has made enormous leaps in recent decades. However, to create complete organs, we need to build higher-order structures like the vascular system. Prellis’ optical technology provides the scaffolding necessary to engineer these larger masses of tissues. With our investment in Prellis, we’re supporting an initiative that will ultimately produce a functioning lobe of the lung, or even a kidney, to be used in addressing an enormous unmet global need.

The human tissue engineering is the ability to build complex tissues with working vascular systems. The future of regenerative medicine revolves around harnessing the power of our own cells as therapeutics and building the tissues to keep them alive. Khosla Ventures is the perfect investor to support our merging of deep tech and cutting-edge regenerative medicine. With this technology in hand, we can begin to ask questions about real 3D cell biology that have never been asked before.”

https://www.prellisbio.com/

https://www.eurekalert.org/

3D printing startup company Fortify raises $10 million

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The Fortify was founded on research on composite 3D printing by Randall Erb and Joshua Martin at Northeastern University. Their goal was to enable quick and seamless fabrication of composites with optimized microstructures. Through their research, they invented magnetic 3D printing or Fluxprint.
Fluxprint makes high-performance materials accessible. It’s a patented magnetic 3D printing process that creates optimized composites.
Fluxprint combines magnetics and digital light processing (DLP) 3D printing to produce composite parts with ideal mechanical properties”.

https://www.northeastern.edu/

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What is Fluxprint?

Industrial 3D printing startup Fortify raises $10 million

Pitt Engineers Receive $1 Million for 3D printed turbine component

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Pitt Engineers Receive $1 Million for 3D printed turbine component. The three-year project has received additional support from the University of Pittsburgh ($200,600), resulting in a total grant of $1,003,000.

U.S. Energy Secretary Rick Perry today announced that the Department of Energy will award 113 grants totaling $121 million to 103 small businesses in 29 states.

According to Albert and Dr.Xiayun (Sharon) Zhao, Ph.D., assistant professor of mechanical engineering and materials science at Pitt, “LPBF AM is capable of making complex metal components with the reduced cost of material and time. There is a desire to employ the appealing AM technology to fabricate sophisticated HGPTCs that can withstand higher working temperature for next-generation turbines. However, because there’s a possibility that the components will have porous defects and be prone to detrimental thermomechanical fatigue, it’s critical to have a good quality assurance method before putting them to use. The quality assurance framework we are developing will immensely reduce the cost of testing and quality control and enhance confidence in adopting the LPBF process to fabricate demanding HGPTCs.”

 

 

https://www.engineering.pitt.edu/News/2019/DOE-Grant-for-3D-Printed-Turbine-Components/