July 20, 2021
Essentium, Inc. has signed a Letter of Intent to acquire Collider, a pioneer of Programmable Tooling, which combines the speed of Digital Light Processing (DLP) 3D printing and the material strength of injection molding (IM). The addition of Collider to the Essentium portfolio will drive new growth paths while enabling manufacturers to speed time to production of parts and innovation.
“Collider has a lot to bring to the table,” says Jeffrey Lumetta, chief technology officer, Essentium. “Their innovative method of bringing together proven technologies to create high-value use cases has already proven their industry value. We see significant opportunities in tooling for low volumes of parts and the ability to manufacture geometrically complex, custom parts on-demand and quickly. In addition, this represents Essentium’s first entrance into photopolymer AM technologies and will expand product offerings in several areas—especially when combined with our unique material science capabilities.”
Collider 3D printing technology unlocks thermosetting polymers and composites including polyurethanes, silicones, epoxies, polyesters, foamed resins, carbon fiber composites, as well as sintered metals and ceramics, with one machine. It has structural integrity on par with IM processes and creates high detail aesthetic surfaces.
Essentium will leverage Collider 3D's expertise in material science and 3D printing machines. This unlocks speed, economic, and innovation advantages for manufacturers across consumer, medical, transportation, wearables, aerospace, and industrial industries, the company reports.
Collider’s former CEO, Graham Bredemeyer, will join the Essentium team as the director of the Photopolymer Group.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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