3D printing set to play a significant role in Xaar’s financial future
Xaar is to open a 3D Centre in the UK in January to deliver 3D printing services and equipment to OEMs, material suppliers and end users. Xaar says its 3D business is a key part of the company’s 2020 strategic vision where it aims to increase total Group sales to £220m by 2020.
Based in Nottingham, the new 3D team is headed by Professor Neil Hopkinson - the original inventor of the transformational High Speed Sintering technology (HSS) - who joined the business last year to develop the company’s 3D business.
HSS is a revolutionary technology which uses inkjet printheads and infrared heaters to manufacture products layer by layer from polymer powder materials at much higher speeds than other additive manufacturing processes. This technology is therefore of interest to companies looking to use 3D in volume manufacturing.
Xaar has also added an experienced group of 3D engineers working in Copenhagen, Denmark. The Xaar Copenhagen team will provide design and process development expertise to help the company’s partners to commercialise HSS equipment, enhancing Xaar’s ability to secure further revenues in this fast-growing sector.
“3D Printing is an important part of our strategic plan to grow total Group sales to £220 million by 2020”, says Xaar CEO Doug Edwards. “Our investments in the Nottingham and Copenhagen teams will significantly expand our capability in this sector, enabling us to achieve our growth plans”.
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