Farsoon Europe and toolcraft plan partnership after successful Joint Development Agreement
June 20, 2024
Farsoon Europe GmbH, based in Stuttgart, Germany, the European subsidiary of Additive Manufacturing machine maker Farsoon Technology Inc, headquartered in Changsha, China, and toolcraft AG, based in Georgensgmünd, Germany, have announced the successful conclusion of their one-year Joint Development Agreement (JDA). This collaborative effort is said to have culminated in significant advancements and has strengthened the partnership between the two companies.
The JDA focused on several key areas of development: optimising Farsoon’s Additive Manufacturing machines, developing ALSi10Mg parameters, and integrating Siemens NX software. Over the past year, Farsoon and toolcraft have worked closely to achieve these milestones, demonstrating a shared commitment to innovation and excellence in Additive Manufacturing.
“We are thrilled with the progress and results achieved during this collaboration,” said Oliver Li, Managing Director of Farsoon Europe. “The partnership with toolcraft AG has been incredibly productive, resulting in significant advancements in machine optimisation, material parameter development, and software integration that will benefit both our organisations and the industry at large.”
Building on the success of the completed JDA, Farsoon Europe and toolcraft are reportedly embarking on a new cooperation focused on Additive Manufacturing series production.
“We look forward to continuing our partnership with toolcraft in this new venture,” added Li. “Our combined expertise and shared vision will undoubtedly lead to groundbreaking developments in additive series production.”
Christoph Hauck, Member of the Executive Board of toolcraft AG, shared, “Our joint efforts with Farsoon Europe have been highly successful, and we are eager to expand our collaboration into additive series production. This new cooperation marks an exciting chapter for both companies as we strive to deliver cutting-edge solutions to our customers.”