Nexa3D Acquires Addifab
Nexa3D also launches digital tooling for injection molding.
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April 7, 2023
Nexa3D, a company focused on polymer 3D printing, has completed the acquisition of Addifab, the originator of Freeform Injection Molding, a digital tooling process that couples the design freedom of 3D printing with the mechanical performance of injection molding using thousands of engineering materials.
The acquisition follows a year of joint go-to-market collaboration between the two companies in North America and EMEA. The joint sales and marketing efforts resulted in converting customers from traditional tooling to digital tooling. This solution combines Nexa3D’s 3D printers with Addifab’s high-impact, high-temperature soluble resins to print complex tools compatible with any injection molding feedstock.
Of note, the combined solution was used by Wilson Sporting Goods to accelerate the development of youth baseball bats. Wilson’s R&D team was able to produce and test multiple designs simultaneously using final manufacturing materials.
“We are very excited to welcome the entire Addifab team to the growing Nexa3D family of people, products and partners democratizing access to dissolvable tooling for same day complex molded parts using the entire range of industrially proven plastics,” says Avi Reichental, co-founder, chairman and CEO of Nexa3D.
The combination of these two complementary technologies unlocks the full potential of digital tooling for injection molding. The acquisition also adds intellectual property and capabilities to Nexa3D’s product line and accelerates its resin formulation and industrial production initiatives.
“We believe that the market validated strategic fit between our businesses and products, combined with the expanded capabilities in product development, next-gen resin formulation, channel coverage, manufacturing and marketing, will result in significant revenue and accretive growth,” says Reichental.
Located in Copenhagen, Denmark, Addifab developed and brought to market a digital tooling solution that includes CAD-to-Tool software generator, dissolvable tooling resins, 3D printing and production injection molding process. By combining 3D printing with injection molding, Addifab unlocks potential for contract manufacturers, regional molders, medical-device companies, service providers and low-volume manufacturers. This is because the xMOLD resin is compatible with the entire range of off-the-shelf thermoplastic materials, including reinforced high-performance feedstocks.
Additionally, metals, ceramics, and silicones are also covered, enabling users of Nexa3D printers to tap into applications that would normally require greater capital investment. A tool printed with the xMOLD resin is soluble.
“Soon after teaming up with Nexa3D, it became increasingly apparent that our combined solution unlocks tremendous opportunities for customers looking to create complex injection molding tools quickly and affordably. A year into our enormously successful commercial collaboration and dozens of customer implementations with the likes of PepsiCo and Wilson Sporting Goods,” says Lasse G. Staal, co-founder and business development leader at Addifab.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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