MÖLNDAL, Sweden--(BUSINESS WIRE)--Regulatory News:
Arcam (STO:ARCM), listed on NASDAQ Stockholm, today received an order for ten Arcam EBM systems from Avio Aero, a GE Aviation business.
Avio Aero, based in Turin, Italy, a subsidiary of GE Aviation, has successfully been using Arcam’s EBM technology for several years. Avio Aero is moving into series production of state of the art turbine blades, and has decided to double its Arcam EBM machine capacity.
"These machines will be vital to move to series production of turbine blades. Arcam is the leading supplier of titanium alloy additive manufacturing systems and we again turned to them with confidence, having used their products for years", says Giacomo Vessia, Plant Leader at Avio Aero.
"This is the largest single order ever for Arcam EBM systems. The deal confirms the potential of the Arcam EBM technology as a volume production system for the aerospace industry. We truly look forward to supporting Avio Aero in their turbine blade manufacturing”, says Magnus René, CEO of Arcam.
The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published on December 22, 2015.
Arcam Group provides cost-efficient Additive Manufacturing solutions for production of metal components. Arcam’s Electron Beam Melting (EBM®) technology offers design freedom combined with excellent material properties and high productivity. Arcam is, through its solution orientation and comprehensive product offering, an innovative partner for advanced manufacturing, primarily for the aerospace and medical industries. Arcam offers EBM systems through Arcam AB in Sweden, powder metals through AP&C in Canada and implant contract manufacturing through DiSanto in the U.S.The company is listed on Nasdaq Stockholm and the Head Office is located in Mölndal, Sweden.
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Arcam AB • Krokslätts Fabriker 27A • SE-431 37 Mölndal, Sweden • 46-31-710 32 00 • www.arcam.com
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