Formlabs Acquires Micronics
Purpose of acquisition is to advance accessible SLS 3D printing, Formlabs reports.
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Image courtesy of Formlabs.
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July 12, 2024
Formlabs has acquired Micronics, a Wisconsin-based 3D printing company, to continue advancing in the area of accessible SLS 3D printing. With the acquisition, the Micronics founders and team will join Formlabs in the company’s shared mission to make SLS 3D printing accessible for product designers, engineers, innovators, and other makers around the world, the companies report.
“We’re excited to welcome Henry and Luke to Formlabs,” says Max Lobovsky, Formlabs CEO and co-founder. “After meeting the Micronics co-founders at Open Sauce 2024, we discovered our shared vision for accessible, powerful 3D printing. The Micronics team’s talent and innovative spirit will help us to accelerate accessible SLS 3D printing to market and enable anyone to bring their ideas to life.”
Micronics is a new 3D printing company that announced its first desktop SLS 3D printer, Micron, on Kickstarter in June 2024. The printer is designed to deliver the strength and precision of SLS 3D printing technology in a compact form factor for detailed prototypes and durable end-use products. Formlabs was attracted to Micronics for its shared focus on accessible 3d printing, which will enable Formlabs to accelerate its SLS 3D printing capabilities.
“We are thrilled to join forces with Formlabs, a company we have long admired,” says Henry Chan, CEO of Micronics. “After the outpouring of excitement around our Kickstarter, we’re confident that this move will enable us to bring the best SLS 3D printing experience to users around the world by leveraging the incredible talent and experience at Formlabs. We are excited about this next phase in our mission to make digital fabrication even more accessible, and can’t wait to get started.”
Micronics will now complement Formlabs’ SLS team to bring new tools and solutions that enable product designers and innovators to take design risks, and print robust end-use parts, according to Formlabs. These combined efforts will expand access to 3D printing, making the technology accessible for product users seeking the benefits of print quality and ease of use.
After the close of the acquisition, Micronics Kickstarter backers will be refunded and receive a credit for any Formlabs 3D printer for use now or in the future.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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