Essentium Extends Leadership as Additive Manufacturing Market Gives the Nod to Open EcosystemsOctober 15, 2019January 28, 2020 | The Essentium TeamShare Ramps HSE 3D Printer ProductionExpands Global OperationsAccelerates Materials InnovationAUSTIN, Texas, October 15, 2019 – Essentium Inc., a leading innovator in industrial additive manufacturing, today announced a series of business expansion initiatives in response to growing market demand for the company’s platform of industrial-scale additive manufacturing solutions. Together with partners including BASF 3D Printing Solutions and Materialise NV, Essentium is bringing an open ecosystem to the industrial extrusion additive market. This gives customers greater control of their innovation, more choice in materials, and industrial-scale production at ground-breaking economics.The strength of market response and growing pipeline for the Essentium High Speed Extrusion (HSETM) 3D Printing Platform has led Essentium to ramp its printer production in order to meet demand, and to expand its international operations with the appointment of Benoit Valin, General Manager, Asia Pacific, and Cyprien Decouty, Channel Sales Manager, Europe, Middle East, and Africa (EMEA). Prior to joining Essentium, Valin led multiple 3D printing consultancies and was Director of Business Development across Asia for Ultimaker. Decouty was previously Director of Channel Sales for 3D printing manufacturers AON3D and Formlabs in EMEA.Moving from proof of concept to full production of the Essentium HSE 3D Printer, together with increased material shipments, is fueling month-on-month revenue growth for the company.As well as international expansion, the company is doubling down on material innovation. Essentium has introduced seven new materials so far this year including TPU 80A-Z and TPU 90A-FR to service the EMS and aerospace markets. Market demand for Essentium’s HSE 3D Printer and steady increase in materials consumption are clear indications that the open ecosystem approach is addressing unmet needs in the industrial additive market which, until now, has been dominated by closed systems where customers are locked into vendors’ hardware and processes.Supporting QuotesBlake Teipel, CEO and Co-founder, Essentium Inc.: “When you remove the roadblocks to innovation, you enable customer success. There are no better proof points than an expanding pipeline and growing customer demand to illustrate how much the manufacturing market is responding to open ecosystems and the freedom to innovate on their own terms.”Lars Uffhausen, CFO, COO and Co-founder, Essentium Inc.: “While we bring immediate ‘out of the box’ value to manufacturers in terms of cost advantage with an impressive ROI and accelerated time to market, it is key that we stay as close to the customer as possible to provide ongoing support and training. As such, customer advocacy and strong execution as we ramp production will be key success factors to our continued expansion in Asia Pacific and EMEA. With Benoit Valin and Cyprien Decouty, we now have the strength of expertise and experience in Asia Pacific and EMEA to enable our growth.”Benoit Valin, General Manager, Essentium Asia Pacific: “There is enormous potential for additive manufacturing to drive sustainable development and improve Asia Pacific’s competitiveness in the global value chain. I’m excited about the opportunity to work with customers and help them address the barriers to adoption of large-scale additive across Asia Pacific’s vital manufacturing sectors.”Cyprien Decouty, Channel Sales Manager, Essentium EMEA: “Additive manufacturing represents a strategic opportunity to help upgrade EMEA’s industrial base and fuel the growth of the manufacturing sector. I’m thrilled to be working with Essentium to help customers realize new opportunities and transform their manufacturing floors.”About EssentiumEssentium Inc. provides industrial 3D printing solutions that are disrupting traditional manufacturing processes by bringing product strength and production speed together, at scale, with a no-compromise engineering material set. Essentium manufactures and delivers innovative industrial 3D printers and materials enabling the world’s top manufacturers to bridge the gap between 3D printing and machining and embrace the future of additive manufacturing.Media Contact:Debbie@RaineMakers.comMedia Materials:Essentium3D.com/pressroom Share
Ramps HSE 3D Printer ProductionExpands Global OperationsAccelerates Materials InnovationAUSTIN, Texas, October 15, 2019 – Essentium Inc., a leading innovator in industrial additive manufacturing, today announced a series of business expansion initiatives in response to growing market demand for the company’s platform of industrial-scale additive manufacturing solutions. Together with partners including BASF 3D Printing Solutions and Materialise NV, Essentium is bringing an open ecosystem to the industrial extrusion additive market. This gives customers greater control of their innovation, more choice in materials, and industrial-scale production at ground-breaking economics.The strength of market response and growing pipeline for the Essentium High Speed Extrusion (HSETM) 3D Printing Platform has led Essentium to ramp its printer production in order to meet demand, and to expand its international operations with the appointment of Benoit Valin, General Manager, Asia Pacific, and Cyprien Decouty, Channel Sales Manager, Europe, Middle East, and Africa (EMEA). Prior to joining Essentium, Valin led multiple 3D printing consultancies and was Director of Business Development across Asia for Ultimaker. Decouty was previously Director of Channel Sales for 3D printing manufacturers AON3D and Formlabs in EMEA.Moving from proof of concept to full production of the Essentium HSE 3D Printer, together with increased material shipments, is fueling month-on-month revenue growth for the company.As well as international expansion, the company is doubling down on material innovation. Essentium has introduced seven new materials so far this year including TPU 80A-Z and TPU 90A-FR to service the EMS and aerospace markets. Market demand for Essentium’s HSE 3D Printer and steady increase in materials consumption are clear indications that the open ecosystem approach is addressing unmet needs in the industrial additive market which, until now, has been dominated by closed systems where customers are locked into vendors’ hardware and processes.Supporting QuotesBlake Teipel, CEO and Co-founder, Essentium Inc.: “When you remove the roadblocks to innovation, you enable customer success. There are no better proof points than an expanding pipeline and growing customer demand to illustrate how much the manufacturing market is responding to open ecosystems and the freedom to innovate on their own terms.”Lars Uffhausen, CFO, COO and Co-founder, Essentium Inc.: “While we bring immediate ‘out of the box’ value to manufacturers in terms of cost advantage with an impressive ROI and accelerated time to market, it is key that we stay as close to the customer as possible to provide ongoing support and training. As such, customer advocacy and strong execution as we ramp production will be key success factors to our continued expansion in Asia Pacific and EMEA. With Benoit Valin and Cyprien Decouty, we now have the strength of expertise and experience in Asia Pacific and EMEA to enable our growth.”Benoit Valin, General Manager, Essentium Asia Pacific: “There is enormous potential for additive manufacturing to drive sustainable development and improve Asia Pacific’s competitiveness in the global value chain. I’m excited about the opportunity to work with customers and help them address the barriers to adoption of large-scale additive across Asia Pacific’s vital manufacturing sectors.”Cyprien Decouty, Channel Sales Manager, Essentium EMEA: “Additive manufacturing represents a strategic opportunity to help upgrade EMEA’s industrial base and fuel the growth of the manufacturing sector. I’m thrilled to be working with Essentium to help customers realize new opportunities and transform their manufacturing floors.”About EssentiumEssentium Inc. provides industrial 3D printing solutions that are disrupting traditional manufacturing processes by bringing product strength and production speed together, at scale, with a no-compromise engineering material set. Essentium manufactures and delivers innovative industrial 3D printers and materials enabling the world’s top manufacturers to bridge the gap between 3D printing and machining and embrace the future of additive manufacturing.Media Contact:Debbie@RaineMakers.comMedia Materials:Essentium3D.com/pressroom
Lewis Simms January 12, 2024Nexa3D Completes Acquisition of Essentium Adding High-Speed Extrusion to Its Powerful Additive Manufacturing PortfolioAcquisition broadens capabilities, adds super polymer expertise, and democratizes access to industrial, health and government customersVENTURA, CA, January 12th, 2024 – Nexa3D, the ultrafast 3D printing leader, announced the successful completion of its acquisition of Essentium, a distinguished manufacturer of high-speed extrusion (HSE) 3D printers and materials. Nexa3D has rapidly emerged as an industry leader in industrial 3D printing, offering revolutionary production solutions to businesses across various sectors. Renowned for its ultrafast 3D printers, which span from desktop to factory floor sizes, Nexa3D’s cutting-edge technology has redefined the possibilities of 3D printing production, enabling unparalleled productivity, accuracy, and material versatility. With over 1500 systems worldwide, Nexa3D’s printers have become the preferred solution for high-throughput production applications. Read More
The Essentium Team November 6, 2023Nexa3D Announces Intent to Acquire Essentium; Adds High Speed Extrusion to its Product PortfolioAcquisition would broaden capabilities, expand addressable markets, and diversify revenues for the fast-growing 3D printing company. Nexa3D, the ultrafast 3D printing leader, has taken a significant step in staking its leadership position in the industrial additive manufacturing space by signing a letter of intent to acquire Essentium, a prominent manufacturer of HSE 3D printers and materials, widely adopted for high requirement, precision applications in aerospace, military, and defense. With this acquisition, Nexa3D would add high-speed extrusion (HSE) to its current product portfolio. Read More
The Essentium Team October 17, 2023Essentium and KVG Rapid 3D Printing Collaboration Strengthens Ukraine’s Defense Response Essentium®, Inc., a leading innovator of industrial additive manufacturing (AM) solutions, has joined forces with KVG®, an internationally recognized mission support provider, to provide Ukraine with 3D printing solutions, training, and manufacturing tools. These 3D printing capabilities enable rapid, on-demand production of mission-critical parts and components in the field of conflict. Read More
