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Optomec Reports 2014 Results With 80% Bookings Growth for Industrial 3D Printing Systems


Optomec added more than 30 new customers in 2014, including orders for more than 40 industrial 3D Printers in total. The Company enters 2015 with many existing customers planning on substantial production rollouts, in particular in the areas for 3D Printed Antenna for mobile devices and 3D Printed Sensors for IoT and Industrial Internet applications.

Further fueling the rapid adoption of the company’s solutions is its open systems strategy, allowing additive and conventional manufacturing methods to coexist on the factory floor. For example, the new modular LENS Print Engine (LPE) enables 3D printing of metals to be integrated within a standard CNC machine tool platform providing a lower cost solution for our customers. Optomec has sold five of the LPE-based systems since its introduction in 2014, and will be showcasing these hybrid additive/subtractive systems at multiple customer sites over the coming months.

Our solid growth in 2014 is testimony to industry’s desire to embrace additive manufacturing for real production applications that deliver tangible, functional and cost advantages which has long been its promise,” said Dave Ramahi, Optomec CEO. “Optomec’s ability to meet these customer objectives is due to a unique combination of proven patented technologies, an open architecture business model, and a focus on key industry pain points that our solutions can directly address.

LENS (Laser Engineered Net Shaping) is a registered trademark of Sandia National Laboratories.

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