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The partnership aims to strengthen and expand the benefits of 3D printing in the manufacturing value chain.

The company says this new 3D printing technology produces larger, lighter production parts for aerospace and automotive.

The new entity will maintain headquarters in New York, U.S. and the Netherlands, with respective CEOs serving as co-CEOs.

Companies in multiple segments turn to 3D printing for end-of-arm tools, fixtures for increased safety and functionality, lower cost and faster turnaround times.

CW’s roundup of new products for the composites industry – the past month has seen innovations from BTG Labs, Entec, Epoxies Etc., Heatcon, Interplastic, Kent Pultrusion, L&L Special Furnace, PolyOne, Roth, Rucks Maschinenbau, SABIC and Stratasys.

The investment will help fully commercialize the company’s Red Series software tools, 3D printer and molding equipment to lead the way in the production of sustainable, high-performance CFRTP parts for end-use applications.

Take a look at this month’s new hires and promotions in the composites industry from Exel Composites, Thermwood, Volocopter, Anisoprint, TPI Composites and SGL Carbon.

The company anticipates greater move towards the use of FDM additive manufacturing to produce high-value, flight-critical, end-use composite parts.

Formula 1’s midfield teams are struggling to bridge the gap to their better resourced frontrunning counterparts. Could Industry 4.0 composites manufacturing automation level the playing field?

Funds will be used to scale up manufacturing, the team and materials development programs.