General Electric Company (GE)

CO2 Emission Reductions in Maritime Sector with Ceres Fuel Cell Tech

A consortium involving GE Power Conversion, MSC Cruise Management UK and Lloyd's Register has confirmed the feasibility of using a 10MW fuel cell power installation on a large vessel to replace diesel-fuelled generators. Run on natural gas, it is predicted to deliver a ~47% reduction in CO2 emissions and eliminate

Optomec Announces Delivery of 600th Industrial Printer

Optomec announced another important milestone in its continued growth, with the delivery of its 600th industrial 3D printer. The company has now installed more than 250 of its proprietary LENS Systems for 3D Printed Metal and over 350 of its patented Aerosol Jet Systems, with the majority of its recent machines being used for high ROI production applications.

GM and Glencore Enter Multi-Year Cobalt Supply Agreement

Glencore and General Motors Co.announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. Cobalt is an important metal in the production of EV batteries, and the cobalt processed from Australia will be used in GM's Ultium battery cathodes, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ.

Successfully Treating Diabetes with Ultrasound

A multi-institutional team has demonstrated the ability to use ultrasound to stimulate specific neurometabolic pathways in the body to prevent or reverse the onset of type 2 diabetes in three different preclinical models.

Metal Additive Manufacturing Rebounds to Hit $18 Billion by 2032

The COVID-19 pandemic has significantly impacted a key target market for metal additive manufacturing - aviation. Additionally, global supply chain disruptions have led companies to re-evaluate their operations. Within this environment, how has metal additive manufacturing fared?

Optomec Receives $1.25 Million Order for Metal Additive Repair System

Optomec announced the receipt of a $1.25 Million order for a production Metal Additive Manufacturing machine for the maintenance of industrial gas turbine components. The long-time customer, a Fortune 500 energy equipment supplier, will install the machine in one of its service facilities in the Middle East region.

Optomec 60% Growth in Additive Electronics and Metal System Orders

Optomec Inc announced a sharp increase in bookings during fiscal year 2021, including nearly 60% growth in new orders for its proprietary Aerosol Jet and LENS industrial printers. The steep rise in recent sales puts business activity well ahead of pre-pandemic levels, where Optomec had already experienced 50% growth in 2019, and takes the total installed base to nearly 600 machines across more than 250 customers.

Why is the 3D Printing Market not Consolidating?

"We expect to see the additive manufacturing market consolidating in the near future" has been the refrain of many for nearly a decade now. The thought really strengthened after major acquisition moves by industry titans Stratasys and 3D Systems between 2010-2012. Stratasys would acquire wax 3D printer company Solidscape and merge with material jetting pioneer Objet in 2011-2012, while 3D Systems completed a jaw-dropping 13 acquisitions between 2011-2012. With so many major moves by market leaders in the early 2010s, it seemed like market consolidation was just around the corner.

Optomec's $2 Million Order for 6 Production 3D Electronics Printer

Optomec Inc announced that one of its existing production customers recently purchased another six Aerosol Jet 3D Electronics Printers, bringing its total count to 20 systems. The $2+ million in orders is part of a production ramp plan that will grow to more than 30 systems over the next 12 months.

Optomec $2 Million in Orders from Leading Media and Technology OEM

Optomec Inc announced the receipt of orders totaling approximately $2 Million from a premier supplier of digital connectivity solutions. The recent orders include the delivery of three Aerosol Jet 3D Electronics Printers, together with related Software and Digital Products, plus professional services to support their application development.

3D Printed Electronics Solution Increases 5G Signals by up to 100%

Optomec has introduced a new high performance semiconductor packaging solution for the rapidly growing mm-wave electronics market, in response to demands from its customers in the 5G, Autonomous Vehicle, Defense and Medical segments.