GE Additive and Oerlikon Sign MoU for Additive Manufacturing Collaboration
June 21 2017 - 8:36AM
Business Wire
GE Additive (NYSE: GE), Concept Laser and Arcam AB have signed a
Memorandum of Understanding (MoU) with Oerlikon of Switzerland to
collaborate on accelerating the industrialization of additive
manufacturing.
The agreement includes the provision of additive machines and
services to Oerlikon, while Oerlikon becomes a preferred component
manufacturer and materials supplier to GE Additive and its
affiliated companies.
Further, GE and Oerlikon will collaborate on additive machine
and materials research and development over the five-year period of
the agreement. The MoU was announced at the Paris Air Show.
“GE Additive and Oerlikon both understand the transformative
power of additive manufacturing,” said Mohammad Ehteshami, vice
president and general manager of GE Additive. “This is further
proof that the adoption rate of additive is growing rapidly and
we’re proud to partner with Oerlikon.”
Among the agreements in the MoU:
- GE Additive and its affiliated
companies will be preferred suppliers of additive manufacturing
machines to Oerlikon.
- Oerlikon will become a GE Additive
preferred component manufacturer and a materials supplier to GE
Additive and its affiliated companies.
- Oerlikon and GE Additive will
collaborate on machine and materials R&D.
“Developing innovative technology is key to our growth
strategy,” said Dr. Roland Fischer, CEO of Oerlikon. “We look
forward to partnering with GE Additive, Concept Laser and Arcam on
innovative materials and machines which will strengthen our
position in additive manufacturing, and allows us to meet the
growing demand for additive components in a variety of
industries.”
Additive manufacturing (also called 3D printing) involves taking
digital designs from computer aided design (CAD) software, and
building them on an additive machine, layer by layer from metal
powder. Additive components are typically lighter, more durable and
more efficient than traditional casting and forged parts because
they can be made as one piece, requiring less welds, joints and
assembly. Because additive parts are essentially “grown” from the
ground up, they generate far less waste material. Freed of
traditional manufacturing restrictions, additive manufacturing
dramatically expands the design possibilities for engineers.
For many years, GE has been a leading end user and innovator in
the additive manufacturing space. In addition to the $1.4 billion
investment in Concept Laser and Arcam, GE has also invested
approximately $1.5 billion in manufacturing and additive
technologies over the past 10 years, developed additive
applications across six GE businesses, created new services
applications across the company, and earned 346 patents in material
science. In 2016, the company established GE Additive to become a
leading supplier of additive technology, materials and services for
industries and businesses worldwide.
Oerlikon is an additive manufacturing market leader with deep
expertise in advanced materials, production, post processing, and
surface solutions. Leveraging its global service network and strong
customer relationships across many industries, Oerlikon is well
positioned to drive the industrialization of additive manufacturing
as an integrated materials and service provider.
In 2016, Oerlikon acquired Citim GMBH to complement its additive
production capabilities in Europe and the USA. Oerlikon is also
building a state-of-the-art additive manufacturing powder
production facility in Plymouth, Michigan (USA); a state-of-the-art
R&D and production facility in Charlotte, North Carolina (USA),
and a world-class R&D and innovation center in Munich,
Germany.
About GE Additive
GE Additive is part of GE (NYSE: GE) - the world’s Digital
Industrial Company, transforming industry with software-defined
machines and solutions that are connected, responsive and
predictive. GE Additive includes additive machine providers Concept
Laser and Arcam EBM; along with additive material provider AP&C
and additive service provider to the medical industry, DTI. As a
notable user of additive technologies GE recognize the value and
potential it brings to modern design and manufacturing. GE is
organized around a global exchange of knowledge, the "GE Store,"
through which each business shares and accesses the same
technology, resources and intellect. GE delivers better outcomes
for customers by speaking the language of industry.
www.geadditive.com
About Oerlikon
Oerlikon (SIX: OERL) is a leading global technology group with a
clear strategy to become a global leader in surface solutions,
advanced materials and materials processing. Backed by the key
ability to intelligently engineer and process surface solutions and
advanced materials, the group is committed to invest in
technologies that provide customers with lighter, more durable and
efficient, and environmentally sustainable products. A Swiss
company with over 100 years of tradition, Oerlikon has a global
footprint of over 13,500 employees at more than 180 locations in 37
countries and sales of CHF 2.3 billion in 2016. The company
invested CHF 94 million in R&D in 2016 and has over 1,000
specialists developing innovative and customer-oriented products
and services.
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version on businesswire.com: http://www.businesswire.com/news/home/20170621005813/en/
Rick Kennedy, GE Communications01-513-607-0609Email:
Rick.L.Kennedy@ge.com
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