Additive manufacturing promises enormous geometrical freedom and the potential to combine materials for complex functions. The speed, geometry, and surface quality limitations of additive processes are linked to their reliance on material layering. We demonstrated concurrent printing of all points within a three-dimensional object by illuminating a rotating volume of photosensitive material with a dynamically evolving light pattern. We printed features as small as 0.3 millimeters in engineering acrylate polymers and printed soft structures with exceptionally smooth surfaces into a gelatin methacrylate hydrogel. Our process enables us to construct components that encase other preexisting solid objects, allowing for multimaterial fabrication.
Contract equipment manufacturer Jabil said it is stepping up its 3D printing material initiatives as it aims to popularize additive manufacturing. The company outlined the availability of Jabil Engineered Materials, which will integrate and validate custom materials for additive manufacturing. Jabil has been developing its additive manufacturing strategy and worked with large 3D printing players such as HP, Stratasys and 3D Systems. Additive manufacturing is becoming increasingly critical to everything from smaller businesses to large manufacturers. The returns revolve around less inventory and creating production quality replacement parts on the fly.
What remains to be seen is how HP's planned entry into the metal 3D printing market impacts enterprises. HP Metal Jet was outlined in September but broad availability isn't expected until 2021. In any case, it's safe to say there is a lot of interest in 3D printing with metal among manufacturers. Stratasys reported earnings on Thursday and delivered third quarter revenue of $162 million, up from $155.9 million a year ago. The company reported a net loss of a penny a share and non-GAAP earnings of 11 cents a share.
HP said it will use its own Multi Jet Fusion 3D printing technology in its supply chain to lower costs, cut design time and lead times. And HP's implementation of its own additive manufacturing technology will also serve as a massive case study. HP delivers almost 100 million products annually through its network of factories and manufacturing partners. HP's program is called Reinventing HP With Multi Jet Fusion is being outlined at the Additive Manufacturing Users Group conference. Enterprise companies eating their own dog food and highlighting returns to customers is nothing new.
Techstars counts 1,200 startups as alumni. Techstars has long been known for its seed funding of tech startups. Its accelerator counts 1,200 startups among its alumni, including PillPack, the online pharmacy recently acquired by Amazon, and cloud computing company Digital Ocean. Now, in partnership with tools giant Stanley Black & Decker, it launched its first additive manufacturing accelerator to fund new ideas in 3-D printing, rapid prototyping and generative design. Today, the Stanley Techstars Additive Manufacturing Accelerator, which will be co-located with Stanley Black & Decker's advanced manufacturing center in Hartford, Connecticut, announced the 10 companies selected for that first class, and they show the breadth of innovation going on in the industry.