Forward AM announces high growth as it continues to drive the adoption of Additive Manufacturing
October 6, 2023
Forward AM, the BASF 3D Printing Solutions GmbH brand based in Heidelberg, Germany, has reported high growth in the first half of 2023 as the company maintains a strategic focus on industry collaboration. Growth of 39% was posted for the first half of 2023, with a 51% increase on material business for its continuous portfolio compared to the first half of 2022.
The company announced it has been creating a new cross-technology approach for customers, said to deliver value through materials, applications, and processes. It is also partnering to develop scalable solutions that meet unaddressed market needs.
“The only way forward is together, and no one can win alone. Additive Manufacturing is just a technology. But the value for customers is created when we align applications, materials and processes into a reliable, scalable solution,” stated Martin Back, CEO and Managing Director. “Think of a three-legged stool. If you take away one leg, the stool falls over. To create a stable solution, we need collaboration where partners align collectively behind the goal to provide the best solution and thus iteratively adapt until a stable and scalable solution is created.”
Forward AM is reportedly ramping up its efforts for the second half of 2023 as it continues to drive the adoption of AM throughout a variety of industries.
“We have the team and tools in place to scale up our operations and I’m looking forward to the second half of the year,” Back stated. “We’re going to continue working in tight collaboration with our partners and on delivering innovative solutions that create value for the market and prove that AM is the solution the manufacturing sector has been looking for.”
Forward AM offers over 800 machine/material combinations. Included in its Ultrafuse range are 316L and 17-4 PH stainless steel filaments.
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