Home Industry Chinese 3D printer manufacturer BLT increases turnover to 170 million US dollars

Chinese 3D printer manufacturer BLT increases turnover to 170 million US dollars

Chinese 3D printer manufacturer BLT further consolidated its position in industrial 3D printing for metal components in the 2023 financial year. With revenue growth of 34.24% to around 170 million US dollars and an increase in net profit of 78.11% to around 19.6 million US dollars, the company performed well.

The aerospace industry accounted for 56.02% of revenue, industrial manufacturing for 37.32% and research facilities for 5.64%. Growth was driven by individualized 3D printing products with an increase of 34.45%, 3D printers developed in-house (+26.46%) and 3D printing raw materials with an increase of 98.98%.

“We were able to launch numerous new developments on the market in 2023 and further expand our market position with innovative solutions,” explained BLT. For example, special large-format systems for the aerospace sector such as the BLT-S1500 with 26 lasers were introduced.

The highlight was the market launch of new high-temperature alloys and titanium materials that enable the additive printing of critical components such as engines and turbines. The patented “Support-Free” process also allows the printing of structures with angles of up to 30 degrees without additional supports.

BLT presented a modular software suite for the preparation, control and monitoring of 3D printing lines with over 100 machines to automate and increase the efficiency of production processes.

With the establishment of a European subsidiary and sales partnerships in key markets, BLT also pushed ahead with internationalization in 2023. “We want to make our metal AM technology accessible to a global audience and continue to drive the transformation of the manufacturing industry,” commented BLT on its expansion strategy.

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