UTD 3D printing spin-off acquired by Desktop Metal »Dallas Innovates
Dallas-area startups keep innovating and acquiring new ideas. The big winner of the day: Adaptive3D Technologies, one of the main suppliers of elastomer solutions for additive manufacturing. It was acquired by Boston-based Desktop Metal Inc. and will become its subsidiary under an agreement announced today.
Adaptive3D creates strong, flexible plastics and rubber-like materials one layer at a time through additive manufacturing. Using 3D printing, they’re building things layer by layer to develop materials for everything from shoes to airplanes to smart orthotics. The company’s solutions serve customers in a wide range of consumer, healthcare, industrial, transportation, and oil and gas markets.
Adaptive3D was started by President and CEO Dr. Walter Voit, Associate Professor of Materials Science and Engineering at UT Dallas, through UTD’s Venture Development Center. Dallas Innovates wrote about their company’s Series B investment last October and featured their emerging technology in our 2021 issue of Resilience.
“I am very grateful to the McDermott family and the leadership of UT Dallas for creating an intellectual environment for success,” Voit said in a statement. âSuccess is really luck – you have to be in the right place at the right time and be lucky. They created the right place and the right time. “
In one video, Voit renders his products deceptively simple, calling them “material that when you stretch it bounces.” He says what really sets his material apart is the chemistry.
âWe have discovered new ways of polymerizing materials that make them stronger, make them more resistant, make them more resistant to tearing,â says Voit in the video. âThis process based on Texas Instruments’ huge investment in DLP chips allows us to precisely shape light to make only the plastic we need. So that we can make parts that are lighter, cheaper, more durable – greener – and ultimately lower costs. “
Why did Desktop Metal acquire Adaptive3D? Let them count the resins why:
âAdaptive3D has the best photoelastomeric resins in the world,â Ric Fulop, founder and CEO of Desktop Metal, said in a statement. âCombining Adaptive3D’s patented and superior elastomeric materials with our printers, such as the Xtreme 8K (mass production printer)â¦ will accelerate the adoption of additively manufactured solutions for high volume elastomeric parts and products. end use. “
The acquisition advances Desktop Metal’s vertical integration strategy, the company said, allowing it to expand its portfolio of materials capabilities.
Voit said the acquisition will help Adaptive3D, too, by extending its strong relationship with EnvisionTEC and “enabling us to accelerate our growth in the $ 129 billion elastomers and flexible foams market just waiting for capacity. high volume additive manufacturing elastomer. “
Adaptive3D will operate as a wholly-owned subsidiary of Desktop Metal, and Voit will continue to lead it as CEO of the company’s Plano headquarters, UTD confirmed.
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