Funding to Scale Production and Develop New Materials
AM 4 AM, based in Luxembourg, raised €1.3 million in seed funding to expand its metal powder production. This funding, led by Luxembourg Space Sector Development, EIT Raw Materials, and the Young Innovative Enterprise initiative, will allow the company to enhance its additive manufacturing capabilities. The company’s goal is to innovate and scale production for critical industries. These industries rely on high-performance 3D printing materials.
Advancing Metal Powder Technology for Aerospace and Space Industries
The funding will help AM 4 AM enhance its production processes, particularly for high-strength materials like HiperAL, a new aluminum alloy. By improving metal powder performance with cold plasma technology, AM 4 AM is poised to support industries like aerospace, automotive, and space. These sectors require lightweight and durable materials. The company’s innovations are expected to meet the growing need for advanced materials. These materials cater to the demanding requirements of these sectors.
Supporting Sustainable Manufacturing Innovation Across Europe
EIT Raw Materials CEO Bernd Schäfer emphasized the importance of this investment for Europe’s manufacturing future. The funding aligns with the EU’s goals to foster sustainable manufacturing. By advancing raw materials and supporting innovative manufacturing solutions, AM 4 AM is positioned to be a driving force in Europe’s evolving industrial landscape.
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