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Arcam AB Message Board

  • rniesen77 Mar 5, 2014 4:30 PM Flag

    Arcam, Avio, and GE -- 2013 Annual Report sheds light

    Many Arcam watchers have wondered what portion of GE Aviation's purchases over the next few years Arcam will capture. Their just released 2013 annual report (Swedish only for now) has the following text (translated the PDF report using Google translate) in their section on aviation, one of only two market they are focusing on (dental being the other):

    "Of a total of 27 orders in 2013 was 10 (16) from the aerospace industry. The biggest customer so far is the Italian subcontractor Avio for aircraft engine components, which together have ordered 10 systems.
    Avio sees business opportunities with Arcam technology and has creating business area eManufacturing to clarify the offer. " (sorry for the rough translation)

    Avio Aviation in Italy is GE's center for additive manufacturing for its LEAP engines. Their order of 10 printers is a strong sign that GE will incorporate Arcam's printers into their long-term manufacturing plans. GE expects to need 40-60 printers. Greg Morris, Leader of Additive Mfg. for GE, said in a speech on Nov. 11, 2013, at the TCT Show + Personalize 2013 said that they were favoring laser sintering because it was hard to get powder out of the intricate design of the LEAP engine nozzles. Consequently, it cannot be concluded yet that they have overcome this issue, but this number of orders is a tremendous investment that GE will undoubtedly plan to make a return on.

    Sentiment: Strong Buy

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