Voxeljet

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voxeljet AG

logo
legal form AG
ISIN US92912L1070
founding 1999
Seat Friedberg (Bavaria) , GermanyGermanyGermany 
management Ingo Ederer, CEO
Rudolf Franz, COO / CFO
Number of employees 250 (Oct 14, 2015)
sales 24.06 million euros (2015)
Branch mechanical engineering
Website www.voxeljet.com
As of May 20, 2016

The voxeljet AG , based in Friedberg (Bayern) is a manufacturer industry-standard 3D printing systems. Voxeljet also operates service centers for the on-demand production of molds and models for foundries at home and abroad.

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history

In 1995, the drop dosing of UV-curing adhesives succeeded. As part of the “Generation of 3D structures” project, the first attempts at 3D printing were undertaken at the Fine Equipment Department at the Technical University of Munich . The first patent was granted in 1998. In the same year the first sand molds were printed.

In 1999 Generis GmbH was founded by Ingo Ederer, Rainer Höchsmann and the mechanical engineering professor Joachim Heinzl . The aim of the company was to develop new generative processes for the production of cast and plastic components. In the beginning, operations started with four employees at the Technical University of Munich. Shortly afterwards, the company moved to Augsburg. In 2002 the first orders for sand-based printers were carried out for BMW AG and Daimler AG . In 2003 the service center at the Augsburg location was opened. In the same year Bayern Kapital GmbH, Startkapital Fonds Augsburg and Franz Industriebeteiligungen AG became shareholders of the company. In the course of this, Generis GmbH was renamed voxeljet technology GmbH.

In 2005 the first VX800 system was sold. Two years later, the first VX500 was sold to the University of Rostock . In spring 2010 voxeljet moved into an administration building and production halls in Friedberg in Bavaria. In the same year, voxeljet was included in the list of the 100 top innovators in Germany and was therefore awarded the "Top 100 seal of approval".

voxeljet in Friedberg, Bavaria

In 2011, the company presented the VX4000 3D printing system for additive manufacturing processes and the VX1000 3D printer.

For the IPO on the NYSE 2013, voxeljet technology GmbH was converted into a stock corporation.

On October 1, 2014, voxeljet AG took over the British company Propshop (Model Makers) Ltd., since 2017 the company has been based as voxeljet UK Ltd. in Milton Keynes near London. In January 2015, voxeljet commissioned a service center for the on-demand production of molds and models in Canton ( Michigan ) and installed a. the largest 3D printer in North America.

In December 2015, voxeljet AG expanded into the People's Republic of China as part of a joint venture with Suzhou Meimai Fast Manufacturing Technology . voxeljet China Ltd. is based in Suzhou near Shanghai , where it operates a large center for the on-demand production of 3D-printed forms (voxeljet service center). At the same time, voxeljet India Pvt. Ltd. founded. The location of the new voxeljet subsidiary is in Pune , a large automotive and manufacturing center near Mumbai .

process

Representation of the 3D printing process in voxeljet printing systems

Voxeljet's 3D printing systems process particulate material (also known as sand) that is applied to a construction surface in 80–400  µm thick layers. A high-resolution print head then selectively prints the surface with binder, which selectively solidifies it. The machine repeats these two application steps until the height of the desired object is reached. Then the unprinted and therefore not solidified particulate material is removed. Depending on the application, the component can be refined with various materials. For the particle material, you can choose between pure material, epoxy resin infiltration and polyurethane dispersion . The infiltration makes the component more stable, but it can no longer be cast. The PU dispersion is a special primer for the component, which means that it can be painted later. In the plastic, the components can be infiltrated with wax (for investment casting models) or epoxy resin (for design models). Multi-colored models cannot be printed, but can be colored manually after printing.

In 2017 voxeljet announced the high-speed sintering process. This is an additive manufacturing process that was developed in 2003 by Professor Neil Hopkinson at Loughborough University in England. Functional plastic components can be produced with this technology. The process has been licensed to voxeljet by Loughborough University and Evonik .

The voxeljet process is suitable for the production of molds or models for metal casting applications in small series such as prototypes , one-off pieces, props , investment casting or sand casting .

Optimized wheel carrier

materials

voxeljet offers two plastic materials made of PMMA to choose from, depending on the intended use. The types of sand and their grain size are selected individually for each job, depending on the geometry and intended use.

With the high speed sintering process, materials such as PA12, PP and TPU can be processed.

The voxeljet systems can also be adapted to other materials if required. Materials such as ceramics can also be processed in this way.

From the sand mold to the finished casting

Business figures

After profitable growth in 2011 and 2012, voxeljet generated steadily increasing losses from 2013 to 2015 with equally increasing sales. The EBIT margin in 2015 was −40%. The years 2016 and 2017 also ended with slightly lower sales and losses. The following numbers represent US $ millions.

year sales EBIT Free cash flow
2010 4.8 0.1 −1.6
2011 7.3 0.5 −0.1
2012 8.7 0.7 −0.3
2013 11.7 −2.0 −1.6
2014 16.2 −4.2 −5
2015 24.1 −9.4 −12
2016 22.3 −11.1 −13.3
2017 23.2 −8.6 −7.1

The issue price of the shares stood at 13.00 US dollars . After a short-term price increase, the share price has been falling over the long term since 2014. On October 31, 2018, the stock traded for $ 2.51.

As part of a capital increase in 2018 5,580,000 placed voxeljet in new ADS . The gross proceeds amounted to around 12.5 million euros. The company intends to use the net proceeds for general corporate purposes.

Web links

Commons : Voxeljet  - collection of images, videos and audio files

Individual evidence

  1. ^ Company: Board of Directors . voxeljet AG. Retrieved March 16, 2015.
  2. ↑ voxeljet AG Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2015 . www.voxeljet.com. Accessed December 31, 2015.
  3. ^ Balance sheet from 16 years of Munich business plan competition . UNITED NEWS NETWORK GmbH. Retrieved March 19, 2015.
  4. ↑ Voxeljet: What the manufacturer of 3D printers can do . wallstreet: online AG. Retrieved March 26, 2015.
  5. ↑ a b c Company: Company history . voxeljet AG. Retrieved March 19, 2015.
  6. ^ Emeriti AZ: Prof. Dr.-Ing. Dr.-Ing. Eh Joachim Heinzl . Technical University of Munich. Retrieved March 19, 2015.
  7. ↑ Bayernkapital success brochure (PDF; 1.1 MB) Bayern Kapital GmbH. Archived from the original on May 16, 2012. Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved March 19, 2015.  @1@ 2Template: Webachiv / IABot / www.bayernkapital.de
  8. ↑ Portfolio: voxeljet AG . Franz Industriebeteiligungen AG. Retrieved March 23, 2015.
  9. ↑ Equipment: Additive manufacturing process: Voxeljet VX500 . Rostock University. Retrieved March 23, 2015.
  10. ↑ Voxeljet UK Moves to Larger Location to Meet Growing Demand. In: 3D Printing Media Network. July 25, 2017, Retrieved February 2, 2019 (American English).
  11. ↑ voxeljet Announces Arrival of Largest Industrial 3D Printer in North America. Retrieved February 2, 2019 (American English).
  12. ↑ voxeljet expands locations in UK and China - Aichach-Friedberg - B4B Schwaben. Retrieved February 2, 2019 .
  13. ↑ voxeljet expands to China and India . 3D-Druck.com. Retrieved December 18, 2015.
  14. ↑ a b 3D printing: FAQ . voxeljet AG. Retrieved April 8, 2015.
  15. ↑ First High Speed ​​Sintering 3D printer unveiled by voxeljet. September 11, 2017, Retrieved February 2, 2019 (American English).
  16. ↑ Laura Griffiths: voxeljet adds PP and TPU to its High Speed ​​Sintering 3D printing materials portfolio. September 5, 2018, Retrieved February 2, 2019 (UK English).
  17. ^ Clare Scott: Johnson Matthey and voxeljet Collaborate to Develop Ceramic Binder Jet 3D Printing. In: 3DPrint.com | The Voice of 3D Printing / Additive Manufacturing. October 26, 2017. Retrieved February 2, 2019 (American English).
  18. ↑ a b c d e f voxeljet. In: wallstreet-online.de. Retrieved October 31, 2018 .
  19. ↑ Profit and Loss Account 2010-2012 of voxeljet technology GmbH
  20. ↑ Cash flow statement 2010-1012 of voxeljet technology GmbH
  21. ↑ Annual reports 2014 and 2015 of voxeljet AG
  22. ↑ before changes to financial assets
  23. ↑ Maris Hubschmid: High-tech from Bavaria is celebrated on the New York Stock Exchange. In: tagesspiegel.de. October 22, 2013, accessed October 31, 2018 .
  24. ↑ voxeljet share. In: finanzen.net. Retrieved October 31, 2018 .