The 3D printer manufacturer has formed three new partnerships to aid its foray into the industrial market.
According to 3DPrint, XYZprinting has made a splash this week with the announcement of its intention to enter the industrial market, a move which it will be making with the aid of three new partners and its release of five new 3D printers.
Among these partners is Nexa3D, which “manufactures ultra-fast SLA 3D printers using its patented Lubricant Sublayer Photo-curing (LDPc) technology”. This technology “is capable of 3D printing at up to 1 cm per minute”. This week, Nexa3D revealed it had “received investments from both XYZprinting and equity crowdfunding platform OurCrowd”, which brought its total funding up to $10 million.
“This collaborative effort with our investors will change the face of 3D printing,” said Nexa3D Executive Chairman Avi Reichental.
“This comprehensive strategic alliance is designed to accelerate market access to affordable industrial grade 3D printers globally,” said XYZprinting CEO Simon Shen. “We believe that precision and speed are the name of the game in the world of 3D printing and are pulling all the stops to fast-track to market a disruptive photo-polymeric 3D printer that reimagines SL 3D printing as we know it.”
XYZprinting has also formed “a strategic alliance” with Digital Wax Systems (DWS), another producer of SLA 3D printers “geared towards jewelry and fashion, dentistry, and manufacturing and design”.
As a result, XYZprinting “will manufacture and sell certain DWS 3D printers under its own brand name” and DWS “will market under its own brand some of XYZprinting’s DLP 3D printers”. This will enable both companies to achieve “an expanded reach”.
The third new partnership is with Sicnova 3D, a manufacturer of large format industrial plastic 3D printers “geared particularly towards the manufacture of jigs and fixtures for functional end use parts.”
Through this alliance, XYZprinting “will sell its own branded version of Sicnova 3D’s JCR 1000 and JCR 600 3D printers, beginning in the second half of 2018” through the company’s “new professional 3D printing channel.”