Metal Additive Manufacturing company Meltio, based in Linares, Spain, and Las Vegas, Nevada, USA, has announced that its Meltio M450 metal Additive Manufacturing machine can now be acquired through a new lease-to-own programme, made available through HP Financial Services.
The company debuted its metal Additive Manufacturing technology at Formnext 2019, in Frankfurt, Germany, in November. Referred to as a ‘4D manufacturing’ technology with ‘3E Metal Deposition’, the Meltio M450 is capable of building fully-dense parts from wire and powder in the same machine, using a patented multi-laser deposition technology.
The scalable machine is said to offer a small footprint, and is reportedly 50% less expensive than current market systems, while using materials up to ten times cheaper than typically used in metal AM. It can be used for applications including the manufacturing of metal parts, part repairs, laser cladding, welding, texturing and more, and is said to offer easy integration with CNC systems, robots and gantry systems, as well as with hybrid manufacturing systems with AM capabilities.
The new lease-to-own programme is said to make financing the purchase of a Meltio metal AM machine more affordable by offering long-term finance plans ranging from thirty-six to sixty months. Finance plans start at €1,600 a month, depending on the configuration of the machine and terms of the agreement.
At the close of the lease period, the leaser will have the option to take ownership of the financed machine when paying the last instalment or renewing the lease and receiving a new system or model. The programme is said to be available in more than fifty countries and territories.