| Developers: | Foundry Lab |
| Date of the premiere of the system: | December 2021 |
| Branches: | Electrical and microelectronics |
2021: "Microwaves" are presented, creating metal parts 20 times faster than any 3D printer
On November 29, 2021, New Zealand startup Foundry Lab introduced a universal prototyping station, which, according to developers, is capable of creating metal parts 20 times faster than any 3D printer.
According to David Moody, founder and CEO of Foundry, the company, which went out of stealth on Monday November 29, receiving $8 million in Series A, introducing a "literally microwave oven, but on steroids" to cast metal parts much faster than on conventional 3D printers. The company uses the funds received to prepare mass production by 2023.
 | It is very simple for the user: they take a mold for casting, throw cold metal powder or metal ingots into it, place them in the oven, press the button and leave, "Moody said. "He even calls when he's ready. It's as simple as warming dinner in a microwave, "he added. |  |
The startup is already ready to share an effective scenario for using its technology. At the closed test stage, Foundry Lab was able to replace brake pads on the car by casting new ones in less than eight hours from the start of work. By early December 2021, the startup is working with zinc and aluminum, but has already conducted several successful tests with stainless steel and in the future wants to switch to other metals, such as copper and brass.
Foundry Lab technology is focused on industries for which prototyping plays a significant role. According to David Moody, the startup can help enterprises that are forced to slow down the development of their projects due to too slow 3D printers. In particular, Foundry Lab is also interested in the automotive sector.
| | One of the companies we communicate with produces up to 600 prototype cars before one of them enters the market. They constantly replace something and repeat the same process, which greatly increases the total cost of development, "he said. | |
The head of Foundry Lab believes that with his technology, the total cost of prototyping can be significantly reduced and the development speed will increase several times.[1]
Notes
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