Aurora Labs recently announced that it has entered into an agreement with giant engineering and mining services group, Worley Parsons, to form a 50/50 incorporated 3D printing and consulting joint venture, to be named AdditiveNow.
AdditiveNow aims to provide a complete suite of additive manufacturing service, primarily for oil & gas, mining and major infrastructure clients.
Aurora Labs specialises in the development of 3D metal printers, powders, digital parts and their associated intellectual property. Amongst the services that AdditiveNow will provide are assisting clients with additive manufacturing plans and conducting optimisation studies to improve efficiency, operability and manufacturability.
The JV will provide clients with additive manufacturing related engineering services, such as parts design, bespoke metal 3D printing, parts optimisation and parts certification services.
More specifically, the JV will provide clients with parts design/analysis services through to final production and deployment of those parts, allowing for optimal part design to reduce costs and improve overall performance.
“The finalisation of this joint venture is a significant step forward for Aurora Labs and for the 3D printing industry as a whole,” comments Aurora Labs MD David Budge.
“We look forward to helping our new broader network of customers to find business advantage through 3D printing solutions, especially across the mining, oil & gas and major infrastructure sectors. We have already identified and initiated discussions with specific customers for efficiency opportunities to reduce their capital committed to spare parts and inventory, potentially replacing aspects of traditional supply chain with 3D metal printing technology. This has the potential to result in reducing inventory holding costs, freight and manufacturing lead times,” he said.
