Meltio has put in its 500th metallic additive manufacturing system, with the corporate reporting a 50% progress in income in 2024.
It comes after the corporate launched the Meltio M600 and Meltio Engine Blue merchandise final yr.
Meltio stated that the corporate’s continued innovation has helped it navigate what it described as difficult microeconomic situations, which has led to a extra conservative atmosphere for elevating capital and taking monetary threat.
With a spotlight now on constructing out its {hardware} and materials functionality, Meltio is assured it is going to be in a position to additional set up itself as a key options supplier to industries equivalent to aerospace and defence. All through 2025, the corporate is ready to give attention to including new capabilities to the M600 and Engine Blue platforms to ship ‘even higher efficiency.’
Llavero Lopez de Villalta, CEO of Meltio, stated: “The previous yr has confirmed the pattern within the incorporation of additive manufacturing expertise as a mass manufacturing expertise in industries all over the world. Meltio is turning into worldwide due to our expertise as a dependable different or complement to conventional manufacturing applied sciences. In 2024, there was plenty of information within the business that has shaken the worldwide additive manufacturing market by bulletins of gross sales declines, firm bankruptcies, mergers and that is worrisome. It’s true that 2024 has been confirmed as a yr through which the business must be extra environment friendly and must grow to be extra aggressive to compensate for the rise in prices and this opens extensive the door to carry that effectivity. The previous fiscal yr has been the turning level the place superior manufacturing applied sciences are beginning to acquire strategic weight amongst industries not for prototyping however for outlined ultimate components with excessive reliability charges.”
“In 2024, the financial state of affairs of the additive manufacturing and 3D printing sector internationally has been characterised by reasonable progress, marked by financial challenges equivalent to inflation, rising working and manufacturing prices, but additionally by alternatives pushed by innovation and sustainability,” added Meltio CFO Ildefonso Fuentes. “With such a fragmented market in 3D printing {hardware}, 2024 has been a very turbulent yr by way of mergers, acquisitions and firm exits. Final yr we continued to keep up our clearly upward pattern by way of outcomes, attaining a rise of greater than 50% in our turnover in comparison with FY2023. I wish to emphasise that our year-over-year progress is essentially primarily based on clear natural progress. Our strategic determination taken by the administration to work on natural progress within the present context of world market uncertainty is especially key to the long-term success of Meltio’s enterprise.”
