voxeljet AG Successfully Completed Follow-on Offering at the NYSE
On November 1, 2018 voxeljet AG announced the closing of its public offering of 5,580,000 American Depositary Shares (“ADSs”) at a public offering price of $2.57 per ADS. The net proceeds of the offering to the Company were approximately $12.7 million after deducting underwriting discounts, commissions and estimated offering expenses.
voxeljet and Sogeclair Aerospace Project wins “Best industrial project with 3D printing”
SOGECLAIR Aerospace has succeeded in reducing the weight of an aircraft door by 30 % with an unique printed concept. This was made possible by the cooperation with voxeljet. Thanks to bionic structures, the topology-optimised door offers the same strength as conventionally-manufactured doors. To ensure that the door can be cast as a single piece of aluminium, voxeljet printed the model using their proven PMMA material. No alternative additive manufacturing technology could have realized the door design in one piece. At this year's 3DPrint exhibition in Lyon, the project won first place in the category "Best industrial project with 3D printing".
TEI and voxeljet sign volume contract
voxeljet has signed a volume contract with the American foundry expert Tooling and Equipment International (TEI). TEI has agreed in the contract to source a volume of more than 500,000 litres of 3D printed sand from voxeljet America Inc. over a three-year period. As part of the contract, voxeljet will increase its capacity and install a second VX4000 in its service centre.
First VX1000 with phenolic binder process installed in North America
Danko Arlington, Inc., state-of-the-art foundry based in Baltimore, MD, installed the first VX1000 PDB (Phenolic Direct Binding) system for printed sand moulds and cores in North America. With PDB, a process is gaining a foothold in the United States which is a unique addition to conventional sand casting due to increased mould strength, lower gas burst and reusability of unprinted sand.