October 8, 2024
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Stratasys signs JV with SIAEC: To Establish Service Centre for AM in Singapore

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World's largest 3D printing companies
Image Credit: Stratasys

Stratasys, one of the global leaders in the applied additive solutions announced Friday that it has signed a joint venture with Singapore-based SIA Engineering Company Limited (SIAEC). Under the JV, the two companies will work together and establish an additive manufacturing service center to provide 3D printed parts for use in commercial aviation.

The Singapore-based additive manufacturing JV will offer design, engineering, certification support and part production to customers around the world. The beneficiaries of these services will include airlines, maintenance, and repair and overhaul (MRO) providers and original equipment manufacturers (OEMs). The JV will focus on leveraging the use of additive manufacturing to produce plastic aircraft cabin interior parts as well as tooling for MRO providers.

Speaking about how the partnership with Stratasys will help SIAEC increase adoption of additive manufacturing technology to offer products to its customers within the aerospace industry, Mr. Png Kim Chiang, CEO of SIAEC, said in an official statement, “With increasing adoption of additive manufacturing technology in the aerospace industry, this joint venture will be able to access growing demand for additive manufacturing services. We look forward to partner with Stratasys to provide our customers with new service offerings as we continue to enhance our suite of MRO services”.

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Providing more details of how the JV with SIAEC can allow Stratasys to offer unique solutions in the aviation industry, Mr Ilan Levin, CEO of Stratasys, said, “We are excited to be working with such an innovative and ambitious partner. By drawing on industry knowledge at SIAEC, we have tremendous opportunity to deliver unique solutions in this high requirement and highly regulated segment. The joint venture will benefit from Stratasys’ near 30 years of additive technology, materials and application development, enabling it to stay at the forefront of its product offerings.”

Also Read: Stratasys, Dassault Systèmes come together for Major 3D Printing, Prosthetics Initiative

This is one of the several initiatives in which Stratasys has come together with several industry giants to advance the use of additive manufacturing in aviation industry. In fact, companies within the aviation sector such as the French aerospace manufacturer, Latécoère are already enhancing their operational efficiency using Stratasys’s additive manufacturing capabilities.

Manufactur3D Team
Manufactur3D Team reports on the latest news, insights and analysis from the Indian and the Global 3D Printing Industry. They share updates from Industry leading companies to Startups and covers their latest developments.
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