LPW Technology receives strategic investment from Stratasys

News
April 6, 2017

April 6, 2017

LPW Technology, Runcorn, UK, has announced a strategic investment in its growing business by Stratasys, Minneapolis, USA, a 3D printing and Additive Manufacturing solutions company. Already serving a number of OEM and Tier-1 suppliers, LPW offers metal powders for AM processes as well as PowderLife: an intelligent powder management system that enables the traceability and management of metal powder batches throughout their lifecycle.

LPW plans to invest in excess of £20 million, of which Stratasys’ investment will form part, into new facilities and development over the next two years. “The Stratasys investment demonstrates confidence in LPW’s solutions for metal Additive Manufacturing powders,” stated Dr Phil Carroll, LPW Founder and CEO. “We have worked with Stratasys through its parts-on-demand unit – Stratasys Direct Manufacturing – for over three years. We recognise that it, together with the Stratasys solution business units, brings deep understanding and experience in production across the vertical markets.”

Alon Elie, Stratasys Vice President of Corporate Development, added, “LPW’s vision is closely aligned with our goal of bringing 3D printing to production environments through closely integrated solutions, combining materials, software and hardware. As metal 3D printing extends to production environments, issues of quality control, integrated workflows and process know-how become more critical in the supply chain. This investment in LPW is part of our strategic decision to strengthen our knowledge and expertise in metal Additive Manufacturing, in which we are already active today via Stratasys Direct Manufacturing.”

In bringing Stratasys on board as a strategic investor, LPW remains majority owned by founder, Dr Carroll, who will continue to lead the business supported by LPW’s independent management team. The Stratasys investment represents the first consolidated partnership arrangement to come of LPW’s plans to develop close working relationships with industry leaders Additive Manufacturing.

www.lpwtechnology.com

www.stratasys.com

News
April 6, 2017

In the latest issue of Metal AM magazine

Download PDF
 

Extensive AM industry news coverage, as well as the following exclusive deep-dive articles:

  • Metal powders in Additive Manufacturing: An exploration of sustainable production, usage and recycling
  • Inside Wayland Additive: How innovation in electron beam PBF is opening new markets for AM
  • An end-to-end production case study: Leveraging data-driven machine learning and autonomous process control in AM
  • Consolidation, competition, and the cost of certification: Insight from New York’s AM Strategies 2024
  • Scandium’s impact on the Additive Manufacturing of aluminium alloys
  • AM for medical implants: An analysis of the impact of powder reuse in Powder Bed Fusion

The world of metal AM to your inbox

Don't miss any new issue of Metal AM magazine, and get the latest industry news. Sign up to our twice weekly newsletter.

Sign up

Discover our magazine archive…

The free to access Metal Additive Manufacturing magazine archive offers unparalleled insight into the world of metal Additive Manufacturing from a commercial and technological perspective through:

  • Reports on visits to leading metal AM part manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

Browse the archive

Looking for AM machines, metal powders or part manufacturing services?

Discover suppliers of these and more in our comprehensive advertisers’ index and buyer’s guide, available in the back of Metal AM magazine.

  • AM machines
  • Process monitoring & calibration
  • Heat treatment & sintering
  • HIP systems & services
  • Pre- & post-processing technology
  • Powders, powder production and analysis
  • Part manufacturers
  • Consulting, training & market data
View online
Share via
Copy link
Powered by Social Snap