ASX-listed 3D printing specialist, Aurora Labs, has partnered with engineering firm, Gränges AB, to embark on a potentially lucrative research project that will investigate the possibility of commercialising Aurora’s 3D metal “printing” technology for the high value high turnover automotive spare parts industry. The innovative pair will look to combine their expertise, potentially paving the way for significant sales of Aurora’s “RMP1” 3D printer.
Aurora’s Managing Director David Budge said; “Executing a binding contract with high calibre partners such as Gränges AB is excellent validation of the potential of the RMP-1. This engineering project is the first step towards securing an RMP-1 presale agreement with Gränges and we look forward to an ongoing mutually beneficial relationship with them.”
Aurora is leading the burgeoning 3D printing technology market with its ultra-fast 3D metal printers, in particular the development of its unique Rapid Manufacturing Printer One, or “RMP1” has been a bit of a game changer for the Perth based technologist.
The RMP1 uses a process called direct metal laser melting, or “DMLM”, that can print more than a single layer at a time, which the company refers to as multi-layer concurrent printing, or “MCPTM.
This revolutionary RMP1 printer is the stuff of the future – it literally melts metal powder down using the DMLM technology and then builds a product or part from the ground up.
The RMP1 3D printer has a build volume of 420mm in diameter by 400mm tall.
It looks like Aurora has secured a quality counterpart in Gränges, who says that every second car produced in the world contains material that was manufactured by them.
If Aurora’s metal printers can print any percentage of that kind of demand on a sustained basis, it will very quickly move from being a promising junior tech player to a quality income generator.
Is your ASX listed company doing something interesting ? Contact : matt.birney@businessnews.com.au