GLOBAL LEADERS IN ADDITIVE MANUFACTURING INVEST IN AUSTRALIAN START-UP
10th July 2017 - Geelong, Victoria: AM Ventures Holding GmbH (AMV), sister company of EOS GmbH, has made a significant investment in Australian based Additive Manufacturing (AM) operation Conflux Technology. This investment is an acknowledgement of Conflux Technology’s expertise in the functional applications of metal AM specialising in thermal components. The Conflux Technology engineering team has a combined 30 years of design for Additive Manufacturing (AM) and development experience. AM Ventures and Conflux Technology are launching this partnership with the patent pending Conflux CoreTM heat exchanger that has broad industry applications and represents the next generation in high efficiency thermal management technologies.
Marking a step change in Australia’s AM capabilities and the validation of Federal Government innovation policy, this continued growth of the local Advanced Manufacturing industry has been assisted through partnership with the CSIRO and Deakin University.
CEO and Founder, Michael Fuller has a clear vision for Conflux Technology’s role in the industry; ”The advent of metal Additive Manufacturing is a global phenomenon. With metal AM growth running at 40%CAGR, Conflux Technology is perfectly positioned to assist businesses across multiple industry sectors realise this potential. The Conflux CoreTM heat exchanger technology is the perfect demonstration of our capabilities, and now, with the support from our partners AM Ventures and technical leadership of EOS, we look forward to expanding our reach and facilitating the growth of Additive Manufacturing.”
AMV’s Director of Business Development, Arno Held, is excited about an excellent addition to the company’s portfolio: ”We are particularly happy about this opportunity, as the Conflux team has impressively demonstrated how well it understands metal AM technology. Complex structures in challenging environments require not only the highest standard of machine technology to produce parts but also the best engineering skills to design the right products. Conflux’ capabilities will become a great addition to our already excellent portfolio of Additive Manufacturing related companies.
About AM Ventures
AM Ventures Holding GmbH (AMV) is an independent, strategic investor focusing on Advanced Manufacturing in general and industrial 3D Printing in particular. The company was founded by Dr. Hans J. Langer, CEO of the EOS Group, in 2015. With the aim of making industrial 3D Printing a key manufacturing technology of the future, AMV funds and develops innovative start-ups which focus on industrial-3D-Printing-related hardware, software, materials or applications. AMV also establishes and operates production sites based on Additive Manufacturing for specific and mass produced applications. Moreover, the company provides Start-upswith unique access to the technologies, expert know-how and the business network of the Langer group – such as EOS, the global technology leader for industrial 3D printing of metals and polymers and ScanLab, the technology leader for high-precision scanning systems. www.amv.ventures; www.eos.info
About Conflux Technology
Conflux Technology is an Advanced Manufacturing operation focused on the design, development and serial production of parts utilising direct metal Additive Manufacturing (AM) technology. With over 30 years of AM design and development experience, Conflux Technology are experts in helping various organisations leverage the advantages of AM solutions, including thermal management with its patent pending Conflux CoreTM heat exchanger.
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