(NYSE:DDD),
- Motorsports team adding 3D Systems' SLA 750 Dual and PSLA 270 technology to workflow to accelerate wind tunnel testing, building on decades-long partnership
- Broad material portfolio combined with industry's most advanced 3D printing technologies enables improved part quality, reduces time to part in hand
- 3D Systems' solutions driving growth of additive manufacturing use in motorsports — total market for automotive anticipated to reach nearly $8 billion by 2027
ROCK HILL, S.C., Nov. 14, 2024 (GLOBE NEWSWIRE) — Today, 3D Systems (NYSE:DDD) announced Sauber Motorsports, a Swiss motorsport engineering company, has selected 3D Systems' latest polymer 3D printing technologies to accelerate innovation. Sauber intends to add 10 3D Systems 3D printers — eight SLA 750 Dual and two PSLA 270 — to its manufacturing workflow. The combination of these industry-leading technologies along with 3D Systems' Accura(R) Composite PIV, Accura Xtreme, and Figure 4(R) ceramic-filled materials will increase Sauber's production capacity for wind tunnel parts: enabling the team to maintain its position as a leading competitor.
3D Systems' SLA 750 Dual is recognized as the fastest Stereolithography (SLA) solution available. The platform is designed to deliver the industry-leading combination of print size, speed, accuracy, and resolution for final parts that possess unmatched finish and mechanical performance. The two-laser configuration of this printer delivers increased throughput in a smaller footprint, delivering a higher return to Sauber on its investment. The PSLA 270 is a high speed, projector-based SLA additive manufacturing solution that efficiently delivers high quality parts with the most stable mechanical properties. This compact, cost-efficient, versatile mid-frame 3D printing solution delivers unrivalled accuracy, and first article success expected from SLA, with the speed, and material portfolio of 3D Systems' Figure 4 projector-based technology. Sauber is the first Formula 1 team to incorporate the recently released PSLA technology to deliver the flexibility needed to execute quick, time-sensitive changes to wind tunnel parts.
“As a race team, Sauber is driven by its desire to win and we want to work with the latest and most innovative technologies,” said Marco Gehrig, head of mechanical & AM production, Sauber Group. “3D Systems is recognized as a pioneer in additive manufacturing, and the inventor of SLA. The benchmarks conducted on the SLA 750 yielded parts with better surface quality and required less post-processing than the current machines in use. Our team is looking forward to using the industry's most advanced SLA technology available to increase our production speed, quality and flexibility for wind tunnel parts, and accelerating our speed to track.”
“3D Systems not only invented Stereolithography, but the company has also continued to invest in the portfolio, bringing to market additional platforms based on this technology,” said Elvis Perez, SVP, global ISG sales, 3D Systems. “Our continued R&D investment is critical to meet our customers' evolving needs and helping them maintain their position as industry leaders. 3D Systems has a long-standing partnership with Sauber spanning nearly two decades, and our relationship as well as our technology portfolio have evolved over this time. I'm looking forward to continuing our journey with the Sauber team to push the boundaries of what's possible in motorsports through the power of additive manufacturing.”
According to a report from Markets and Markets, the automotive 3D printing market size was estimated at $2.9 billion in 2022 and is expected to grow to 7.9 billion by 2027.1 3D Systems has decades of experience with top racing teams providing applications expertise alongside its portfolio of leading polymer and metal 3D printing technologies, materials, and software to help build, test, and iterate more efficiently, accelerating speed to track. For more information on 3D Systems' solutions, please visit the company's website.
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management's beliefs, assumptions, and current expectations and may include comments as to the company's beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company's periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or revise any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise, except as required by law.
About 3D Systems
More than 35 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing solutions partner, we bring innovation, performance, and reliability to every interaction — empowering our customers to create products and business models never before possible. Thanks to our unique offering of hardware, software, materials, and services, each application-specific solution is powered by the expertise of our application engineers who collaborate with customers to transform how they deliver their products and services. 3D Systems' solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods. More information on the company is available at https://www.3dsystems.com.
| Investor Contact: | investor.relations@3dsystems.com |
| Media Contact: | press@3dsystems.com |
___________________
1 Markets and Markets, “Automotive 3D Printing Market by Vehicle Type (ICE & Electric Vehicles), Offering (Hardware & Software), Component Materials (Metals, Plastics, Resin & Composites), Technology (SLA, SLS, EBM, FDM, LOM 3DIP), Application, & Region – Global Forecast to 2927”, July 2022.
