Digital Alloys Announces Patents on Joule Printing Technology
The wire feedstock additive manufacturing process offers high deposition rates and lower cost.
Digital Alloys has announced patents on its Joule Printing technology for high-speed metal additive manufacturing (AM), in addition to a $12.9 million Series B financing led by G20 Ventures and joined by Boeing HorizonX Ventures, Lincoln Electric, and prior investor Khosla Ventures.
The Joule Printing AM process uses wire feedstock and high deposition rates to print hard metal parts faster and at lower cost. Initial applications of the technology include the production of conformally cooled tools for the automotive and consumer products industries, and the delivery of high-quality titanium parts for the aerospace industry.
Boeing will benefit from Digital Alloys’ technology as it continues to support additive manufacturing innovations, particularly for parts made from titanium and other hard metals. “Our investment in Digital Alloys will further Boeing’s ability to produce a higher volume of metal structural aerospace parts faster than ever before,” says Brian
Schettler, managing director of Boeing HorizonX Ventures. “Through emerging additive manufacturing technologies, we aim to accelerate the design and manufacture of 3D-printed parts to transform production systems and products.”
Tom Matthews, senior vice president, technology and research and development at Lincoln Electric, adds, “Our investment in Digital Alloys and Joule Printing technology extends Lincoln Electric’s presence in metal-based additive manufacturing and helps advance development of value-added solutions in areas such as tooling and low-volume cast parts.”
“Support from Boeing and Lincoln Electric will expand our expertise, technology and services,” says Duncan McCallum, CEO of Digital Alloys. “We are committed to providing the products and services manufacturers need to take advantage of metal 3D printing in production. We will save customers time, money, and hassle by enabling great engineers to solve manufacturing problems in new ways. The next industrial revolution is here.”