Arcam, listed on NASDAQ Stockholm, today received an order for ten Arcam EBM systems from Avio Aero, a GE Aviation business.
Avio Aero, based in Turin, Italy, a subsidiary of GE Aviation, has successfully been using Arcam’s EBM technology for several years. Avio Aero is moving into series production of state of the art turbine blades, and has decided to double its Arcam EBM machine capacity.
“These machines will be vital to move to series production of turbine blades. Arcam is the leading supplier of titanium alloy additive manufacturing systems and we again turned to them with confidence, having used their products for years”, says Giacomo Vessia, Plant Leader at Avio Aero.
“This is the largest single order ever for Arcam EBM systems. The deal confirms the potential of the Arcam EBM technology as a volume production system for the aerospace industry. We truly look forward to supporting Avio Aero in their turbine blade manufacturing”, says Magnus René, CEO of Arcam.
The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published on December 22, 2015.
For further information:
Magnus René, CEO and President, Arcam
Cell: +46 702 79 89 99 or +1 781 266 6957
E-mail: magnus [dot] rene [at] arcam [dot] com