Formlabs, known for its innovative approach to SLA (stereolithography) 3D printing, has acquired Micronics, a Wisconsin-based startup specializing in SLS (selective laser sintering) technology. Founded by two recent University of Wisconsin graduates, Micronics aimed to democratize industrial 3D printing technology.
Background
- Formlabs: Founded as an MIT spinout, Formlabs revolutionized SLA printing by making it more affordable and accessible.
- Micronics: Established in 2021, Micronics focused on making SLS technology accessible, challenging the high costs associated with traditional industrial systems.
Technology Overview
- SLA: Utilizes a light source to harden liquid resin layer by layer, known for high-resolution prints.
- SLS: Uses high-powered lasers to sinter resin powder, offering strength and speed, suitable for applications like orthotics and prosthetics.
Acquisition Details
- Strategic Fit: Formlabs integrates Micronics’ approach to SLS technology to broaden its product offering beyond SLA, aiming for further accessibility.
- Financials: Micronics, despite being a small operation with only two employees, raised approximately $400,000 and exceeded $1.3 million on Kickstarter.
Future Prospects
- Product Integration: The Micronics brand will be phased out as Formlabs incorporates its technology.
- Market Impact: Formlabs anticipates expanding the accessibility of SLS technology, building on the success of its Fuse 1 printer.
Conclusion
Formlabs’ acquisition of Micronics marks a strategic move to enhance its 3D printing capabilities, promising greater accessibility and innovation in the industrial printing market.
