Additec expands into liquid metal printing with new acquisition
Elem Additive Solutions was the first to commercialise an industrial liquid metal 3D printer and to deploy it on a naval vessel. (Image: Xerox)
Metal additive manufacturer Additec has acquired Elem Additive Solutions from Xerox Holdings Corporation, expanding its liquid metal printing technology.
Elem Additive Solutions was the first to commercialise an industrial liquid metal 3D printer and to deploy it on a naval vessel, Xerox says. The company’s liquid metal 3D printer, ElemX, was developed to address supply chain resiliency in transportation, aerospace, defence, and industrial manufacturing.
“We’re very excited to have completed the acquisition of Elem Additive Solutions,” said Brian Matthews, founder and CEO at Additec. “This acquisition is a significant step for our company. We see incredible value in liquid metal print technology, and Elem Additive’s success supplements our growth efforts as we continue to develop new offerings and bring to market our turnkey metal additive manufacturing systems. We are delighted to have acquired Elem Additive Solutions and will strive to create further innovative services and solutions for our customers with the addition of this exciting liquid metal printing technology.”
The terms of the acquisition were not disclosed.