none

AEROSPACE GETS ADDITIVE

22-09-2016
by 
in 

When it comes to the aerospace industry, you can't afford to make mistakes. So when big-name companies double down on additive manufacturing in the aerospace industry, people should be paying attention.

General Electric and Siemens AG have both increased their stake in additive metal manufacturing (AMM), respectively purchasing and investing heavily in compaies that supply and produce additive manufacturing equipment.

GE has been utilizing AMM to produce small-scale components such as nozzles for some time, but has recently dedicated to buying out two suppliers of AMM equipment; Arcam AB and SLM Solutions Group. The resources of these companies will reportedly be directed entirely towards GE aviation.

Siemens has purchased 85% of Materials Solutions Ltd, meaning that they now hold a majority stake in a company that additively produces nickel-superalloy, steel, and titanium components for aerospace applications.

These moves, as well as signalling a significant industry shift towards AMM in the coming years, prove that additive manufacturing can produce cost savings without compromising aviation's stringent safety and reliability requirements.

Other industry giants, including Ford, Stratasys, and Boeing, are exploring the possibilities facilitated by AMM by producing low-weight, structurally sound components that would otherwise not be possible with traditional manufacturing methods.

With billions of dollars being moved back-and-forth, and further billions of dollars projected in profits, the AMM industry is set to be a solid investment for the next decade.

Related news & editorials

  1. 19.10.2021
    19.10.2021
    by      In
    There is no doubt that the recent AUKUS agreement between Australia, USA and the UK was a surprise to just about everyone on the planet!
    Taking a closer look into the government’s decision to commit to the AUKUS alliance, much of what has been reported by mainstream media has been inaccurate or... Read More
  2. 18.10.2021
    18.10.2021
    by      In
    Australian Resources and Energy Group AMMA welcomes today’s intervention of the Australian Government seeking to put an end to three months of damaging strikes at Fremantle Port.
    It has been reported the Australian Government has stepped in, utilising its powers under the Fair Work Act to seek an... Read More
  3. 18.10.2021
    18.10.2021
    by      In
    McCormick & Company Inc, a global leader in flavour, today announced plans to open a new, state-of-the-art, environmentally friendly, multi-purpose head office in Mentone.
    This new facility is currently under construction and is on schedule to provide a much-needed boost to manufacturing in... Read More
  4. 13.10.2021
    13.10.2021
    by      In
    Gladstone, Queensland is reported to be the site for iron ore giant Fortescue Metals Group to develop one of the world’s largest hydrogen manufacturing hubs.
    Fortescue Future Industries (FFI) revealed their recent proposal to build a Global Green Energy Manufacturing Centre (GEM), which will... Read More
Products
Suppliers