Gränges AB, headquartered in Stockholm, Sweden, signed a memorandum of understanding (MOU) with A3D Operations Pty. Ltd., a wholly owned subsidiary of Aurora Labs Ltd., a metal 3D-printing developed based in Bibra Lake, Australia. Under the agreement the two companies will collaborate in marketing research to better understand the opportunities for the use of aluminum in additive manufacturing for the automotive and other industries.
“This is a remarkable relationship for Aurora and we are very pleased to partner with Gränges, a forward thinking and innovative company with products extensively placed across the automotive sector,” said David Budge, Aurora’s managing director. “The proposed transactions, if consummated, could potentially be worth up to approximately US$7.75m in revenue to Aurora. Further, if Gränges purchases one of our RMP-1s, it will lead to some exciting and innovative developments in both the internal combustion engine and electric vehicle markets. Aurora is expecting to see enormous growth in additive manufacturing through the automotive sector in coming years.”
Under the framework of the agreement could lead several transations, such as: Gränges preordering an Aurora RMP-1 rapid manufacturing 3D printer and, in turn, Gränges supplying its proprietary aluminum powder to Aurora, who would be engaged to conduct research and development projects regarding the use of aluminum in additive manufacturing.
Aurora launched the testing phase of its RPM-1 printer in May. According to the company, the machine is its most sophisticated metal printer to date, providing a large build capacity (450 x 400 mm) capable of producing parts up to 10 times the volume, with 3 times the processing capacity compared to its previous Alpha-2 machine.
The MOU is set up for a preiod of five years, during which time the companies will enter negotiations that could lead to formal agreements regarding these transactions.