Expansion of Production and Innovation for 3D Printing Materials
AM 4 AM, a Luxembourg-based metal powder provider for additive manufacturing (AM), has raised €1.3 million in seed funding to scale production and enhance its innovative processes. The funding round was led by Luxembourg Space Sector Development, EIT Raw Materials, and the Young Innovative Enterprise initiative from the Ministry of Economy of Luxembourg.
Enhancing High-Performance Materials for Growing AM Market
The company plans to use the investment to expand its capabilities and develop new materials, including its flagship product, HiperAL—a high-strength aluminum alloy designed for 3D printing. The technology behind HiperAL utilizes cold plasma modification to improve the performance of metal powders, offering significant advantages in industries such as aerospace, automotive, and space.
Aerospace and Space Applications at Forefront
AM 4 AM’s production techniques align with Luxembourg’s mission to enhance its space ecosystem. The company’s advanced powder technology is particularly suitable for space applications, where high-performance, lightweight materials are crucial. The company’s expansion plans aim to meet the growing demand for metals with specific properties required for industries like aerospace, defense, and advanced manufacturing.
Support for European Raw Materials Innovation
According to Bernd Schäfer, CEO of EIT RawMaterials, the investment reflects the importance of advancing raw materials innovation for the European economy. He highlighted the synergy between AM 4 AM’s mission and the objectives of EIT RawMaterials to support sustainable and cutting-edge manufacturing solutions across Europe.
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