Advancing additive manufacturing
Summary
Aerospace, automotive, consumer products, medical devices, national defence and other sectors that use additive manufacturing (AM) and 3D printing technologies can benefit from quality-control software that is being commercialised by Araqev, a Purdue University-spin out company. X-Bow Systems, a US-based space technology company applying additive manufacturing techniques to the production of solid rocket energetics, announced it had closed a $27 million Series A investment round. The round closes ahead of X-Bow’s static fire test of its 32” diameter ‘Ballesta’ solid rocket motor and subsequent launch at White Sands Missile Range, New Mexico. Raising a strong round with these high calibre investors allows us to increase our rapid growth and accelerate our plans to disrupt a critical industry.’ ‘I am also very fortunate to work with an outstanding team here at X-Bow that is making groundbreaking achievements in the sector,’ Hundley added. This addition to Markforged’s software offerings will help customers take the guesswork out of configuring slicing parameters for end-use requirements, knowing they can estimate part performance without the wasteful and slow process of physical testing.