Prodways : New step in 3D ceramic application with a world leader in aeronautics
May 16, 2024 at 05:14 am EDT
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Press release
16 May 2024 at 9h
New step in 3D ceramic application with a world leader in aeronautics
Prodways Group announces today a new step for an innovative application of 3D printing for the aeronautics industry using ceramic-based materials: the new ProMaker Ceram printer from Prodways, the latest model in the MovingLight range, has been installed at a major player in the aeronautics sector. More information is available here: link to the partner's article.
Ceramic materials offer many benefits thanks to their strength and heat resistance but require industrial 3D printing technologies of high quality and reliability. Thanks to its MovingLight technology, Prodways has been working for several years with leading players in the aeronautics sector to develop industrial 3D printing processes for the manufacture of aircraft engine components. These technical advances materialize today with a prestigious customer who allows the company to progress in the development of this application.
In the short term, the Group remains cautious about the prospects for printer sales for this application, but recent progress opens up commercial opportunities in a very significant addressable market for 3D printing of ceramic parts.
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About Prodways Group
Prodways Group specializes in industrial and professional 3D printing with a unique position as an integrated European player. The Group has developed across the entire value chain of 3D printing (software, printers, materials, parts & services) with a technologically advanced industrial solution. Prodways Group offers a wide range of 3D printing systems and premium composite, hybrid, or powder materials (SYSTEMS division). The Group also manufactures and markets on-demand parts, prototypes, and small series printed in 3D, in plastic and metal (PRODUCTS division). Prodways Group serves a wide range of sectors, particularly in the medical field.
Listed on Euronext Paris (FR0012613610 - PWG), the Group reported in 2023 revenue of €75 million.
For further information:https://www.prodways-group.com
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INVESTOR RELATIONS
MEDIA CONTACT
Hugo Soussan
Manon Clairet
Investor relations
Financial media relations
Tel : +33 (0)1 44 77 94 86 / h.soussan@prodways.com
Tel : +33 (0)1 53 67 36 73 / mclairet@actus.fr
Anne-Pauline Petureaux
Shareholders contact
Tel : +33 (0)1 53 67 36 72 / apetureaux@actus.fr
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Prodways Group SA published this content on
16 May 2024 and is solely responsible for the information contained therein. Distributed by
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16 May 2024 09:13:06 UTC.
Prodways Group is one of the leading European companies specializing in 3D printing for aeronautics, space, medical, dental, automotive and other industries. It is about an additive manufacturing process of creating physical objects by superimposing different layers of materials. Net sales (including intragroup) break down by activity as follows:
- design, manufacture and distribution of 3D printers, related materials (resins and polymer powders), and 3D design software (52.8%);
- design and manufacturing of 3D plastic and metal printed parts (47.2%);
Net sales are distributed geographically as follows: France (59.7%), Europe (27.7%), North America (8%) and other (4.6%).