26.06.2015 15:37:00
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Order for two Arcam Q20 systems from FIT Technology Group in Germany
Regulatory News:
Arcam AB, listed on NASDAQ Stockholm, has received an order from FIT Technology Group in Germany, for 2 Arcam Q20 systems.
FIT, a customer of Arcam since 2004, is one of the major European contract manufacturers within Additive Manufacturing. FIT today operates two Arcam systems and these two new Arcam Q20 systems represent a major addition of capacity.
"This order shows how the EBM technology is expanding in the manufacturing industry, from major system suppliers within the aerospace industry to fast growing contract manufacturers”, says Magnus René, CEO of Arcam.
"Our EBM-based business is growing quickly. With these two new Arcam Q20 systems we will be able to address the fast growing market for efficient additive manufacturing of industrial components in titanium”, says Carl Fruth, CEO of FIT Technology Group.
Arcam Group provides cost-efficient Additive Manufacturing solutions for production of metal components. Arcam’s Electron Beam Melting (EBM®) technology offers design freedom combined with excellent material properties and high productivity. Arcam is, through its solution orientation and comprehensive product offering, an innovative partner for advanced manufacturing, primarily for the aerospace and medical industries. Arcam offers EBM systems through Arcam AB in Sweden, powder metals through AP&C in Canada and implant contract manufacturing through DiSanto in the U.S.The company is listed on Nasdaq Stockholm and the Head Office is located in Mölndal, Sweden.
Arcam AB • Krokslätts Fabriker 27A • SE-431 37 Mölndal, Sweden • 46-31-710 32 00 • www.arcam.com
This information was brought to you by Cision http://news.cision.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20150626005412/en/
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