ECO 3D: The latest economic news in 3D printing for September

3D printing is growing rapidly, and in a variety of industries too. This disruptive technology is opening the door for so many possible changes to manufacturing processes, prototypes, and more. Therefore we have summarised the most important economic news of September across the 3D printing market.

HP growth in Europe & 3D-printed house start-up gets backing

At TCT Birmingham, HP has announced the latest developments to their Multi Jet Fusion technology and its additional sales, especially in Europe. European adoption of their Multi Jet Fusion is increasing, as HP have announced a number of large European customers. These large new customers include Jaguar Land Rover, the largest automotive manufacturer in the UK, KTM, ETH Zurich, Danfoss Group, and the National Centre for Additive Manufacturing.

Apis Cor, the start-up who’s terrific machine can 3D print small houses in a single day, has received up to $6m investment from Rusnano System Sicar. The private equity fund, established by Sistema and RUSNAMO, announced this decision following Apis Cor’s growth its ability to reduce costs versus traditional concrete foam houses. This will hopefully allow the technology to expand into new industry in Russia, the Middle East, as well as the United States and Europe. The low-rise cottage market is worth $68bn currently, and Sergey Durgach, CEO of Sistema, is very confident that this investment will allow 3D printing to gain a 30% share in this market in the future.