3D printer manufacturer UpNano reports 57% increase in sales

The Austrian company UpNano with its 2PP 3D printers of the NanoOne series reports a successful financial year 2023. The manufacturer achieved an increase in sales of 57%.

In parallel to meeting this demand, the company continued to innovate with new features and materials for 2PP 3D printing. These innovations were driven by specific customer requirements and implemented with the high flexibility that characterizes UpNano. Due to increasing demand and the growing innovation portfolio, the company’s facilities in the EU and the US were expanded and new staff were hired. This uniquely positions UpNano in the global 2PP 3D printing market, which increasingly demands high speed and precision in industrial manufacturing.

For many companies, 2023 was an exceptionally challenging year. Few, however, had to overcome challenges like UpNano: meeting exceptionally growing demand for its cutting-edge 2PP 3D printers, introducing innovative printing features and new materials anticipated by industrial and academic customers alike, and expanding the company’s facilities in the EU and the US.

Bernhard Küenburg, CEO of UpNano commented: “The competitive environment in the 2PP 3D-printing market is increasing every year. We are extremely proud that our NanoOne series of compact desktop printing systems continues to stay ahead of the crowd. It remains the fastest high-resolution 3D-printer on the market, capable of printing over an unprecedented fifteen orders of magnitude. These are specifications that more and more companies and institutions worldwide are demanding. We continue to learn from these needs and remain committed to providing our customers with customized and flexible solutions.”

In 2023, this commitment led to the introduction of Hydrotech INX© U200 (developed in collaboration with materials specialist BIO INX), a bio-ink material that adds an extra layer of complexity to a bio-printed construct. Another UpNano highlight in 2023 was the introduction of a new software update for all NanoOne printers. This enables intelligent linking, which can improve the quality of the end product and further increase the already high printing speed.

“Meeting the ever-increasing demand and bringing the latest developments from our R&D department to market while expanding our facilities in Vienna and Boston, USA has been challenging,” reflects Denise Hirner, COO of UpNano, “but increased sales and the continuing support and confidence of all our investors have allowed us to focus fully on meeting these challenges with the highest possible quality.”

UpNano also initiated a market research study in 2023 that focused on the US market and identified several areas of particular interest to UpNano, including microfluidics, heat exchangers, the entire semiconductor industry and implantable devices, especially in interventional cardiology.

“In addition to expanding our facilities at the headquarters, we have also expanded our facilities in Boston, USA,” adds Bernhard Küenburg. “This has become necessary as interest in the NanoOne printers there have far exceeded our expectations. In fact, we have tripled the number of units sold in one year, and we continue to meet all incoming requests.”

Overall, UpNano appears to be very well prepared for another successful year. A year that will also see the launch of new materials (on display at SPIE. Photonics West 2024 and MD&M West, California, later this month), software upgrades and another member of the successful NanoOne printer series.