voxeljet AG (NASDAQ: VJET) (the “Company”, or “voxeljet”), a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, announced last week that it received the follow-up order for three additional units of its new high-speed 3D printer VJET X over the last two months. VJET X 3D printers are made for industrial production: they are 10x faster than previous models and integrated into fully automated postprocessing solutions. The follow-up order comes as part of a frame contract concluded in 2018 between voxeljet, its partners and a leading German car maker.
This follow-up order is a significant milestone in VJETs mission to bring 3D printing into high-volume, industrial production and reaffirms the Company’s message that its new 3D printers are making high-volume industrial production possible and cost efficient.
Dr. Ingo Ederer, founder and CEO of voxeljet commented: “With this order we reached a significant milestone in our mission to bring 3D printing into high-volume industrial production. This is extremely exciting, as it not only highlights the significance of our technology, but also the confidence this leading German car maker has in the new solution and the players behind it. Together with our partners, we can today offer a solution for the mass production of complex sand cores for light metal parts at, what we believe to be, a fraction of the costs as compared to other players in the additive manufacturing industry. With the new environmental-friendly binder system, there are zero emissions during the casting of the sand cores. The casted, complex light-metal parts can have superior characteristics, such as less weight and new features, and can ultimately help to reduce CO2 emissions substantially.”