$10 million value of metallic 3D printing belongings from Uniformity Labs, an engineering supplies firm, are up for gross sales in a web-based public sale.
The belongings being offered embrace ALD Vacuum Applied sciences’ Viga 35 Vacuum Gasoline Atomizer system priced at $3.5 million, SLM Options’ 280HL Twin 700W laser powder mattress fusion (LPBF) 3D printer, an SLM 125M 3D printer, an EOS M290 LPBF system, a Desktop Metallic P1 Manufacturing binder jet 3D printer, and a Desktop Metallic Store system.
Further industrial 3D printing tools equivalent to mixers, vacuum dryers, Netzsch Classifiers, CNC machine store tools, furnaces, lab tools, and metallic 3D printing supplies are additionally on provide.
Given the extent of those belongings and the truth that the corporate hasn’t launched any information updates since September 2023, the public sale may counsel that Uniformity Labs has now ceased buying and selling. Nonetheless, that is but to be confirmed.
3D Printing Trade has contacted Uniformity Labs for remark.
The timed on-line public sale is being delivered by US auctioneers Tauber-Arons Inc. and Aaron Industrial Options. Bidding closes at 9am PST on 7 February 2024.
“We’re excited to facilitate this groundbreaking public sale, showcasing the most recent developments in Powdered Metals Processing and Printing Amenities,” said Tony Arons, President of Tauber- Arons Inc. “These labs signify an unprecedented alternative for companies to reinforce their capabilities with top-tier tools.”
Uniformity Labs out of enterprise?
Based in 2014, Uniformity Labs develops feedstocks and 3D print processes that search to ship vital value financial savings, velocity, and high quality enhancements. The corporate’s proprietary supplies and alloys are optimized for metallic 3D printing processes equivalent to powder mattress fusion (PBF) and binder jetting.
In 2021, Uniformity raised $38.35 million in Collection B funding which was anticipated to drive the growth of its manufacturing capabilities and specialised materials portfolio.
Uniformity Labs appointed former Normal Motors govt Alan Batey as an advisor to its senior administration group in 2022 to assist ship plans to scale up the corporate.
The corporate’s scaling initiative appeared to have been progressing nicely. Simply final yr, the Uniformity Labs launched a brand new UniFuse IN625 Nickel Alloy and optimized parameters for LPBF 3D printing at 60µm layer thicknesses at RAPID + TCT 2023.
This adopted the discharge of the UniFuse AlSi10Mg Aluminum powder, and parameters for 50µm and 90µm layer LPBF 3D printing. The corporate’s new UniJet SS17-4PH Efficiency chrome steel powder for Desktop Metals Manufacturing System 3D printer was additionally launched in 2023.
Moreover, a March 2023 partnership extension with Tekna, a number one supplier of superior supplies to business, steered optimistic development into the manufacturing of sustainable supplies. By the collaboration, Tekna provided an AlSi10Mg aluminum-based alloy to Uniformity for the manufacturing of latest metallic 3D printing powder.
On the time, Uniformity Labs CEO Adam Hopkins said that the partnership reaffirmed demand for the corporate’s providing, stating that its materials high quality “matches with a variety of business necessities.”
Nonetheless, the corporate’s final information replace got here again in September 2023, with the announcement that Sigma Additive CEO Jacob Brunsberg had joined its board as a non-executive director.
The $10 million asset public sale raises additional questions in regards to the firm’s present monetary place, suggesting that the Uniformity Labs could have ceased enterprise actions.
3D printing belongings on the market
The Uniformity Labs public sale displays a wider theme of asset gross sales inside the 3D printing business. In a current survey on 3D printing developments, 3D printing specialists highlighted that enterprise consolidations and reductions in shares and glued belongings have been pushed by business challenges.
It was just lately introduced that 3D printing service supplier Shapeways is promoting off $5 million of its {hardware} from Desktop Metallic in a web-based public sale hosted by Heritage International Companions. The belongings up on the market embrace P1 Manufacturing System 3D printers, Store System binder jet 3D printers, BMD 3D printers, powder stations, powder blenders, sintering furnaces, and drying ovens.
The information of this public sale follows the corporate’s poor monetary efficiency since going public in a $605 million SPAC deal with Galileo Acquisition Corp (GLEO). On the time, Shapeways projected complete income of $150 million in FY 2023. Nonetheless, in its most up-to-date monetary outcomes, the corporate is now solely anticipating to generate between $34.3 million and $35 million for the yr. Consequently, this newest asset sale kinds a part of the corporate’s ongoing evaluate of “strategic alternate options” and price slicing measures.
Elsewhere, Arevo just lately introduced a 3D printing asset public sale which incorporates its ABB IRB 4600 Robots, 3D Printers, SuperStrata City Bikes, Chillers, and IPG Diode Laser Modules. Regardless of elevating $70 million, the corporate has now ceased operations and delivered 96% of its crowdfunded 3D printed bike orders.
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Featured picture reveals the highest View of an ALD Atomizer. Picture by way of Tauber-Arons Inc. and Aaron Industrial Options.
