3D Printing News Briefs, July 21, 2022: Layoffs, Heat Exchangers, and More – 3DPrint.com

In today’s 3D printing news, starting with business, manufacturing company Fast Radius recently cut its workforce by 20%. Next, Xometry introduced new digital sourcing tools and more. A Formula Student racing team uses Eplus3D’s metal powder bed fusion system to improve the performance of their electric racing car. Finally, Smart-Ship used Hubs’ quote generator to accelerate product development.

Quick Beam reduces labor by 20%

Cloud manufacturing and digital supply chain company Fast Radius (FSRD) joined several other 3D printing companies in going public through a SPAC deal last year. The goal was growth, and last month the company named Patrick McCusker as interim president and chief financial officer and John Nanry as chief operating officer, so things seemed to be moving forward. . But then we started seeing LinkedIn posts from Fast Radius employees announcing that they had been laid off due to a cost-cutting initiative, and saw that the board had approved restructuring measures. , including the reduction of its workforce by 20%, in order to reduce the company’s operating costs.

The restructuring actions, which are expected to be mostly completed by the end of the third quarter of 2022, aim to help the company execute its strategy, which focuses on four main priorities: improving its software tools, user experience and digital workflows; increase customer acquisition efforts; develop and optimize its marketplace and its network of suppliers; and securing additional capital. While the cuts included the elimination of vacant positions, around 40 people were ultimately laid off from the Fast Radius workforce. The company is also taking other operational expense management measures, such as consolidating its facilities, in an effort to save more than $10 million.

Xometry Unveils New Digital Sourcing Tools and MES Supplier System

In an effort to bring buyers and suppliers even closer together, global online marketplace Xometry has introduced new digital sourcing tools for corporate buyers on Thomasnet.com, in addition to a new cloud-based manufacturing execution (MES) for vendors that will be open to third-party developers to build integrated applications. The Xometry instant quote engine, Job Board and financial services features of Xometry Marketplace have now been integrated into Thomasnet, allowing Xometry to scale its network of active suppliers and buyers faster. Its new industrial purchasing engine digitizes and condenses the old, time-consuming RFQ process, while the new cloud-based Workcenter system allows suppliers to easily manage their Xometry and non-Xometry jobs in a centralized workflow management solution. project and payment. The API-enabled Workcenter will also be open to third-party developers.

“Recent global events have underscored the need for the vital role Xometry plays in the rapid digital transformation of the manufacturing industry, from the sourcing process to the shop floor. With our large and growing supplier network, a growing set of manufacturing capabilities, and new software to integrate with our customers’ internal systems, Xometry is an enterprise-scale solution. We work across the entire supply chain and are deeply integrated with purchasing managers, buyers and engineers on the one hand, and thousands of manufacturers on the other,” said Randy Altschuler, CEO of xometry.

“We are rapidly evolving to become the technology solution driving the efficiency of the $2.4 trillion manufacturing industry, and we are becoming the de facto rails through which buyers buy services and the thousands of small and medium suppliers to across the country provide them. With our new integrated industrial shopping engine and work center offerings, we are leveraging the strategic acquisition of Thomas with the power of our AI-powered Xometry Marketplace and Instant Quoting capabilities to deliver on our technology solutions promise progress benefiting buyers and suppliers. The new products align with our mission to champion manufacturing, the backbone of our economy here and abroad.

Eplus3D supports the Formula Student Racing team

3D printed cooling jacket

The Formula Student E.Stall racing team at Esslingen University of Applied Sciences designs and builds an electric racing car to compete in the Formula Student competition, and improves the performance of the car with the 3D printing support from Chinese 3D printer manufacturer Eplus3D. The global competition is won by the team not only with the fastest car, but also with the best overall package of design, build, performance, financial planning and sales presentation. The E.Stall team looked back on previous seasons and decided to improve the cooling system of their current car by making it more reliable; their previous polymer cooling jacket, intended to regulate transmission temperature and prevent engine overheating, was prone to leaks. Eplus3D’s EP-M260 Dual-Laser Powder Bed Fusion System was used to print cooling jacket, cooling plating for inverters and aluminum steering component, which can easily dissipate generated heat to improve racing car performance.

Eplus3D’s precise 3D printing allowed the team to create complex structures and reduce the wall thickness of components, which also helped reduce their size and weight. Additionally, 3D printing has enabled functional integration of the cooling system, connectors, and mounting, adding to what Eplus3D calls a “fail-safe design” that won’t leak. The two 3D-printed heat exchanger parts were able to keep the motors and inverters below 65°C, which the team says is a great result, and the components can also run more efficiently due to of their low temperature. E.Stall won 4th place in Formula Student engineering design competitions in the Alpe Adria region and the Czech Republic, and won first place in the Efficiency category of an endurance event in Croatia , an important milestone for the team.

Hubs & Smart-Ship Development of haptic navigation systems

Hubs recently published a case study on a project it carried out with Dutch maritime technology startup Smart-Ship to develop haptic navigation systems and advanced training simulators for maritime vessels. Operators on these ships have a ton of information to process, usually through visual and audio inputs, but Smart-Ship uses haptic (tactile) feedback in the levers and consoles to send signals, which makes safer and more efficient operations at high speeds and in rough conditions. waters. The idea was born as an academic concept and turned into a working prototype, with Hubs serving as a partner for it all. The original plan was to install haptic consoles and levers directly on the ships, but there are a lot of regulations involved, so while the team waited for the necessary certifications, they decided to first integrate their hardware and its software in maritime training simulators. The levers and simulator parts need to be very precise in order to give proper haptic feedback, and Hubs was able to help with this using its rapid prototyping portfolio, including 3D printing and CNC machining. FDM technology and PLA have been used, but the parts that transmit sensory information have been made with SLS 3D printing, to guarantee high tolerance and robustness. Smart-Ship has used Hubs’ quote builder to efficiently iterate designs at the optimal price throughout the year, and earlier this year it was able to successfully test its products with operators on Hubs’ dredge simulator. Royal IHC; the company also installed one of its throttle levers on an inland boat for its full lock assist system. Having passed these milestones, Smart-Ship is now testing other levers and preparing to sell them to shipping companies, as well as to produce integrated training modules, in order to provide the shipping industry with a robust and safe. The company is still working with Hubs as it prepares to ramp up production.

“You really have to be able to make sure that you can deliver consistent quality and that everything is in line with rules and regulations. We want to show that a small company, together with a manufacturing partner like Hubs, can deliver this quality,” said Jelle Tiemensma, CTO of Smart-Ship.