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Formlabs Acquires Micronics: Expanding Accessible 3D Printing Technology

July 13, 2024
1 min read

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.

Forbes Staff

Forbes Staff is an official member of the esteemed Forbes team, dedicated to delivering high-quality content and insightful journalism. With a deep understanding of the industry and a passion for uncovering compelling stories, Forbes Staff brings their expertise to the world of fashion. As a trusted member of the Forbes team, they contribute to the renowned Forbes platform, providing readers with valuable insights into the global fashion landscape.

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