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    OERL   CH0000816824


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Oerlikon delivers the 1 000th additively manufactured bicycle component to Urwahn. The partnership will bring further co-developed 3D products to the market.

11/15/2021 | 05:18am EST

EQS Group-News: OC Oerlikon / Key word(s): Miscellaneous
Oerlikon delivers the 1 000th additively manufactured bicycle component to Urwahn. The partnership will bring further co-developed 3D products to the market.

15.11.2021 / 11:15

Frankfurt, Germany - November 15, 2021 - An unlikely pairing generated something remarkable. In this case, the first-of-its-kind custom bicycle. Just one glance shows you it's different - it doesn't have the same trapezoidal shape as other bikes - and there's a lot more cyclists will love. Using 3D printing technology, Oerlikon's additive manufacturing team in Barleben, Germany, produced 150 sets of seven never-before-made components for a bicycle based on a completely new design developed by Urwahn founder Sebastian Meinecke.

The partnership between Oerlikon and Urwahn began several years ago when Meinecke brought his idea to the Oerlikon AM team. From concept to creation, both partners determined the materials, processes and the right machines to develop this unique next-generation bike. 'The collaboration with the Oerlikon team has been great,' said Meinecke. 'With their knowledge of materials and technology, we were able to develop a process chain that enabled us to offer new and unique features such as fully integrated electric systems for the product. And this is just the beginning. I am excited to see what else we can innovate together by taking advantage of new materials and additive manufacturing.'

In addition to its unique shape, which uses rear wheel elastic suspension to ensure a comfortable ride, the frame has integrated LED lighting and a GPS tracking system as well as other gadgets, which would not be feasible to make with conventional production processes. To protect the frame and add another cool dimension, a protective BALINIT CROMA PLUS coating, from the Oerlikon Balzers brand, is applied. Since the coating is of a rainbow color, no bicycle will look like another.

'This is the kind of project that sparks our creativity because we started with a completely white board,' said Hendrik Alfter, general manager of Oerlikon's European production. 'Sustainable mobility and transportation options, including cycling, are megatrends as people steer toward environmentally friendly options to stay mobile. We see great opportunity in this market.'

To see the bike and learn more about AM's capabilities, visit Oerlikon at formnext in booth E101, Hall 12.1 from November 16-19, 2021, at Frankfurt am Main.

More information available at: https://www.oerlikon.com/am

About Oerlikon AM 
Oerlikon AM is a leading provider of additive manufacturing solutions with metals and polymers. The extensive portfolio of solutions offered by Oerlikon AM ranges from the co-development and contract manufacturing of high-quality and performance-optimized components, through research and development, to the production of the company's own metal powders for 3D printing. Moreover, materials, process and applications engineering, certified manufacturing processes, post-processing of components and quality management enable Oerlikon AM to provide its global circle of customers from different industries with optimally customized comprehensive solutions.

Oerlikon AM supplies the aerospace, energy, automotive and tooling sectors, as well as various other high-tech industries. Together with Oerlikon Balzers and Oerlikon Metco, Oerlikon AM forms the Surface Solutions Division of the Swiss-headquartered Oerlikon Group. The Division provides unique and integrated solutions from material selection, through to manufacturing, post-processing, and coating of functional components.

As part of the Oerlikon Group, Oerlikon AM now employs more than 200 people at its four sites throughout Europe, the United States and China.

More information available at: https://www.oerlikon.com/am

About Urwahn
With the passion for technology, outstanding quality and seamless design, Urwahn rethought the bike. This reinterpretation makes commuting in the rough climes of the city through an uncompromising driving experience to a unique experience. The form-fitting frame structure combines organic design features with a strong recognition value and high functional integration.

Urwahn is a technology pioneer as traditional manufacturing techniques are combined with additive 3D printing to create an uncompromising product design with the highest levels of functionality and performance. By using the phase-oriented process model of integrated design engineering complex products are developed and produced according to the principles of lean manufacturing by using state-of-the-art tools and creative techniques.

Urwahn breaks with traditions and thinks outside the box. The bar is set very high in terms of material and process quality. In order to meet these demands, Urwahn consciously settled the production of the certified Urwahn steel frame in Germany. In cooperation with numerous industrial partners, they develop, produce and assemble all Urwahn Bikes according to German quality standards.

More information available at: https://www.urwahnbikes.com/

For further information, please contact:

Sebastian Meinecke
CEO & Founder Urwahn
Tel.: +49 391 243 082 58
Dr. Kerstin Reinsch
Head Marketing & Communications, AM
Tel.: +49 89 203015 035

End of Media Release

Language: English
Company: OC Oerlikon
Churerstrasse 120
CH - 8808 Pfäffikon SZ
Phone: +41 58 360 96 96
Fax: +41 58 360 91 96
E-mail: info@oerlikon.com
Internet: www.oerlikon.com
ISIN: CH0000816824
Valor: 863037
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich, Stuttgart; SIX Swiss Exchange
EQS News ID: 1249040

End of News EQS Group News Service

1249040  15.11.2021 


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Sales 2021 2 618 M 2 871 M 2 871 M
Net income 2021 147 M 161 M 161 M
Net Debt 2021 268 M 294 M 294 M
P/E ratio 2021 20,8x
Yield 2021 3,76%
Capitalization 2 971 M 3 257 M 3 258 M
EV / Sales 2021 1,24x
EV / Sales 2022 1,11x
Nbr of Employees 11 927
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Income Statement Evolution
Mean consensus HOLD
Number of Analysts 8
Last Close Price 9,12 CHF
Average target price 11,11 CHF
Spread / Average Target 21,8%
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Managers and Directors
Roland Fischer Chief Executive Officer & CEO-Surface Solutions
Philipp MŘller Chief Financial Officer
Michael SŘ▀ Chairman
Helmut Rudigier Chief Technology Officer
Suzanne Alice Thoma Independent Non-Executive Director
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