Tue 01, May 2018
Impossible Objects announced on April 23 that Ford Motor Company recently purchased two Impossible Objects Model One 3D printing machines to be used by the company for research and development.
“We believe there’s huge opportunity for our technology across the $12 trillion global manufacturing market, and we’re honored to have Ford as a customer,” says Bob Swartz, chairman and founder of Impossible Objects. “We’re looking forward to working with Ford and exploring all the ways the company can use 3D printing at scale.”
Ford joins a growing list of Fortune 500 companies using Impossible Objects’ machines. That list includes Jabil (St. Petersburg, FL, US), a product solutions company providing comprehensive design, manufacturing, and supply chain and product management services, which bought a machine in the summer of 2017. The Model One has won several prestigious industry awards, including the Innovation Award at the RAPID + TCT 3D Printing and Additive Manufacturing conference, the European TCT Technology Innovation Hardware Award, and the Society of Manufacturing Engineer’s (SME) 2018 Excellence in Composites Manufacturing Award.
Leveraging high-speed 2D graphics technologies, the Model One enables companies to use a range of composite and advanced materials, including carbon fiber, Kevlar and fiberglass together with PEEK and other high performance polymers, to build stronger, lightweight parts at scale.
As demonstrated by the recent developments, industry experts and leading manufacturers across a variety of sectors are recognizing and looking to add Impossible Objects’ game changing technology to their manufacturing process. Leveraging high-speed 2D graphics technologies, it enables companies to use a wide-range of composite and advanced materials, including carbon fiber, Kevlar and fiberglass together with PEEK and other high performance polymers, to build the strongest, lightweight parts at scale.
According to a report from Report Sellers, the Global Automotive 3D Printing market is expected to grow from $785.26 million in 2016 to reach $2951.70 million by 2023 with a CAGR of 20.8%. Rising acceptance of 3D printing technology by automotive companies to reduce their manufacturing costs is primarily favoring the automotive 3D printing market. Moreover, efficient & multi-use materials for printing, well-organized logistic management and customization of products and government investments in 3D printing & related products, are the factors enhancing market growth. However, lack of uniform process control and high cost of 3D printers are hampering the market.
News & Image Source: Impossible Objects