5N Plus Inc. (5N Plus) and Graz, Austria-based Metalpine GmbH (Metalpine) announced that the parties have entered into a strategic agreement aimed at jointly serving the growing demand from Additive Manufacturing markets.
Under this agreement, 5N Plus becomes the distributor of Metalpines portfolio of high-performance metal powders in North America, while continuing to serve the global market with 5N Plus expanding portfolio of products. The primary focus of the collaboration will be in AM related applications including binder jetting, metal injection moulding, powder bed fusion, directed energy deposition, and cold spray technologies. In addition, 5N Plus announced that it intends to achieve this goal through both organic and external actions.
With this agreement between 5N Plus and Metalpine, both companies are ideally positioned to serve this market: 5N Plus benefits from access to Metalpines high-performance powders including those based on alloys of titanium, nickel, stainless steel, copper and refractory metals, while Metalpine expands its reach into North America, estimated to represent 35-40% of the global market for AM metal powders.