Home Industry Optomec Reports 70% Revenue Growth for Industrial 3D Printing Systems

Optomec Reports 70% Revenue Growth for Industrial 3D Printing Systems

Manufacturer of systems for 3D printed electronics and metals, Optomec, reported a 70% increase in revenues for their fiscal year 2015 compared to the previous year.

The revenue is spread almost equally across its Aerosol Jet and LENS product lines. Optomec Aerosol Jet 3D printers are designed for high-volume production of small, light-weight, high-performance devices that are used in the fields of aerospace, defence or consumer electronics. The proprietary process allows for 3D printing of electronic circuitry and functional components in sizes ranging from 10 microns to several millimetres.

optomec_LENS_3d_printer
Optomec LENS System, Image: Optomec

The Optomec LENS 3D printers produce metal parts using a laser to sinter powdered materials. The parts can also be build on existing components for repair and hybrid manufacturing applications.

Key customers including General Electric (GE) and LITE-ON Mobile Mechanical SBG contributed to the growth by inquiring multiple systems along with repeat business from existing and new customers.

Our solid growth in 2015 gives evidence that industrial adoption of high volume additive manufacturing is now a reality at leading corporations,” said Optomec CEO Dave Ramahi. “The path forward looks promising as our new customers realize the cost and functional advantages of Optomec solutions and plan for further production rollouts. Beyond our commercial successes, 2015 was also significant as we were pleased to welcome GE and Autodesk, two visionaries in the additive manufacturing industry, as strategic investors in the company.”


Subscribe to our Newsletter

3DPResso is a weekly newsletter that links to the most exciting global stories from the 3D printing and additive manufacturing industry.

Privacy Policy*
 

You can find the privacy policy for the newsletter here. You can unsubscribe from the newsletter at any time. For further questions, you can contact us here.