OTC News Archive
EOS and Advanced Laser Materials (ALM) announce strategic partnership
Advancing the development of plastic materials for rapid manufacturing
April 14, 2009
Today, EOS, the world leading manufacturer of laser-sintering systems, and Advanced Laser Materials, LLC (ALM), a developer and manufacturer of materials for rapid manufacturing processes, announced a strategic partnership. Under the agreement, EOS will act as a majority shareholder obtaining 51 percent of the ALM shares. The collaboration benefits both partners. Combining the knowledge of both companies, they will together further advance the development of plastic materials for rapid manufacturing via laser sintering, the key technology for e-manufacturing.
For example, ALM recently introduced the new fire-retardant polyamide, FR-106, an engineered material for use in the laser sintering process. Its introduction represents a major breakthrough in rapid manufacturing. As such, it is a particularly applicable material for the aerospace industry, which EOS counts among their key target industries as well. At the same time, ALM finds a very strong industry partner in EOS, which will open up new markets for them in Europe. ALM also benefits from the patent portfolio EOS offers. EOS, on the other hand, with this partnership will secure and extend closer collaboration with their customers, particularly in the U.S. market.
Johann Oberhofer, Chief Operating Officer at EOS emphasizes: “With ALM, we found a partner which is a perfect fit for us. The collaborative work of both research facilities will result in acceleration of materials development that will be felt worldwide in the e-manufacturing industry. We welcome ALM as an affiliate to the EOS family and are very confident that both companies can jointly use the synergies created from this cooperation to advance the industry as a whole.”
Bruce C. Thornton, Chairman of ALM, LLC adds: “The strategic partnership of ALM with EOS makes another large step forward in the transition of laser sintering from rapid prototyping to rapid manufacturing of functional parts. The new generation of EOS laser sintering machines is being designed for manufacturing, and the development of materials for the manufacturing of functional parts is the primary focus of the ALM-EOS joint effort.”
EOS was founded in 1989 and is today the world leading manufacturer of laser sintering systems. Laser sintering is the key technology for e-manufacturing, the fast, flexible and cost-effective production of products, patterns and tools. The technology manufactures parts for every phase of the product lifecycle, directly from electronic data. Laser sintering accelerates product development and optimizes production processes. EOS completed its business year 2007/2008 with revenues of approximately 70 million Euros, an increase of 17 percent compared to the previous year. The company employs 280 people worldwide, 230 of them at its headquarters in Krailling near Munich, Germany. For more information visit www.eos.info.
About Advanced Laser Materials, LLC (ALM)
Advanced Laser Materials (ALM) is a Texas-based company that consults, researches, develops, and manufactures materials for use in rapid prototyping and manufacturing processes such as laser sintering. ALM specializes in working closely with rapid prototyping and manufacturing companies to develop custom materials designed to meet their specific application needs. ALM has several key partnerships with material suppliers and developers, maintains its own in-house analysis and development laboratories, and provides extensive quality control data on its products. The company was started in 2003 with the participation of The University of Texas at Austin Office of Technology Commercialization, the Cockrell School of Engineering, and a group of Texas-based investors. For more information visit www.alm-llc.com.