3D Systems Expands High Precision Investment Casting Portfolio with QuickCast Air™
September 04 2024 - 8:30AM
Today, 3D Systems (NYSE:DDD), announced QuickCast Air™ - an
advanced tool in its investment casting portfolio, designed to
maximize material removal from the interior of casting patterns.
This enables reduced material consumption, lower pattern costs,
faster build times, cleaner burnout processes, and improved
draining efficiency. As a result, end-users in industries such as
foundries, aerospace & defense, and energy can reliably deliver
large, high-precision investment casting patterns at a fraction of
the time and cost of traditional tooling and with no limitation on
geometric complexity. QuickCast Air is already helping some of the
Company’s large-volume aerospace customers reduce the material
consumption on their patterns by up to 50%. Additionally, customers
are seeing a multi-hour reduction in build times.
QuickCast Air is available to 3D Systems’ customers through its
3D Sprint® software which is integral to the Company’s polymer
printing platforms. This feature, available via an annual
subscription, allows customers to design casting patterns with
fewer structures within the self-supporting walls. Using less resin
and building more refined support structures results in less
material needing to be burned out and thus less ash. Furthermore,
having less internal structure makes it easier to drain the resin,
thus retaining more within the vat during the draining process
rather than being lost downstream. Within 3D Sprint, users can
easily adjust the part’s shell thickness and add vents and drains
on any surface, simplifying part set-up regardless of the build
orientation.
Investment casting is the process of pouring molten metal into
ceramic shells made from sacrificial patterns with a history that
is thousands of years old. Using traditional methods such as
creating a wax injection tool is both time consuming and expensive
requiring several weeks and tens of thousands of dollars. In the
mid-1990s, 3D Systems pioneered creating high precision casting
patterns using 3D printing, introducing the manufacturing industry
to QuickCast®. This 3D-printed investment casting process enables
manufacturers to produce lightweight, hollow parts with 3D Systems’
polymer technologies such as Stereolithography (SLA), or MultiJet
Printing (MJP) that ultimately can be used to produce end-use metal
components. QuickCast patterns are recognized as the leading type
of additively manufactured high precision pattern across the
industry enabling manufacturers to improve efficiency and reduce
cost.
“Since 3D Systems introduced QuickCast more than two decades
ago, we have continued to evolve this unique tool and the
capabilities it provides,” said Patrick Dunne, VP, advanced
applications, 3D Systems. “Our customer-centric approach to
innovation fuels this transformation by closely aligning with their
unique challenges. As with many of our products, QuickCast Air was
born from a specific customer’s application requirements. I’m
pleased that we are now able to bring this advanced tool to market
thus refining the design and production of investment casting
patterns. I’m looking forward to seeing how the adoption of
QuickCast Air will continue to unlock design freedom and accelerate
production timelines.”
According to Transparency Market Research1, the investment
casting market was valued at $16.9 billion in 2023 and is
anticipated to reach $33.9 billion by end of 2034. Additive
manufacturing is disrupting this sector by enabling a more
cost-effective, efficient alternative to the traditional pattern
making process that does not require tooling. As the pioneer of an
industry-standard methodology, 3D Systems has demonstrated its
extensive experience helping customers address their
application challenges through its additive manufacturing solutions
comprising materials, 3D printing technologies, software, and
services. As a result, a variety of industries are able to reliably
deliver large, high-precision casting patterns in a fraction of the
time and at much lower cost than associated with traditional
tooling.
3D Systems will showcase QuickCast Air in its booth (West
Building, booth 433129) at this year’s International Manufacturing
Technology Show (IMTS) to be held September 9-14 at McCormick Place
in Chicago, Illinois. Show attendees are welcome to stop by to see
how 3D Systems’ large-format 3D printing solutions accelerate
problem-solving on the factory floor to optimize workflows,
increase uptime, and extend equipment life. For more information,
please visit the Company’s website.
Forward-Looking StatementsCertain statements
made in this release that are not statements of historical or
current facts are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to be materially
different from historical results or from any future results or
projections expressed or implied by such forward-looking
statements. In many cases, forward-looking statements can be
identified by terms such as "believes," "belief," "expects," "may,"
"will," "estimates," "intends," "anticipates" or "plans" or the
negative of these terms or other comparable terminology.
Forward-looking statements are based upon management’s beliefs,
assumptions, and current expectations and may include comments as
to the company’s beliefs and expectations as to future events and
trends affecting its business and are necessarily subject to
uncertainties, many of which are outside the control of the
company. The factors described under the headings "Forward-Looking
Statements" and "Risk Factors" in the company’s periodic filings
with the Securities and Exchange Commission, as well as other
factors, could cause actual results to differ materially from those
reflected or predicted in forward-looking statements. Although
management believes that the expectations reflected in the
forward-looking statements are reasonable, forward-looking
statements are not, and should not be relied upon as a guarantee of
future performance or results, nor will they necessarily prove to
be accurate indications of the times at which such performance or
results will be achieved. The forward-looking statements included
are made only as of the date of the statement. 3D Systems
undertakes no obligation to update or revise any forward-looking
statements made by management or on its behalf, whether as a result
of future developments, subsequent events or circumstances or
otherwise, except as required by law.
About 3D Systems More than 35 years ago, 3D
Systems brought the innovation of 3D printing to the manufacturing
industry. Today, as the leading additive manufacturing solutions
partner, we bring innovation, performance, and reliability to every
interaction - empowering our customers to create products and
business models never before possible. Thanks to our unique
offering of hardware, software, materials, and services, each
application-specific solution is powered by the expertise of our
application engineers who collaborate with customers to transform
how they deliver their products and services. 3D Systems’ solutions
address a variety of advanced applications in healthcare and
industrial markets such as medical and dental, aerospace &
defense, automotive, and durable goods. More information on the
company is available at www.3dsystems.com.
1 Transparency Market Research, “Investment Casting Market
(Material Type: Ferrous Alloys and Non-ferrous Alloys) – Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast,
2024-2034” (May 2024).
Investor Contact:Media
Contact: |
investor.relations@3dsystems.com press@3dsystems.com |
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A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a09d946-abe8-4029-bc4a-934cff243acf
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