Czinger 21C Hypercar Builder Divergent Technologies Gains Access to New $80M in Funding
Divergent Adaptive Production System (DAPS) developer Divergent Technologies has been granted access to an additional $80 million in capital.
While Divergent Technologies raised $160 million in April 2022, it can now draw an additional $60 million from a subprime loan facility and $20 million from a revolving line of credit, if needed. Having already deployed DAPS to build the Czinger 21C hypercar, the company said that going forward, it plans to use some of this funding as working capital, and at least some of the rest to finance the growth of the company.
Divergent Technologies DAPS System
DAPS is essentially an automated hardware-software assembly platform designed to serve as an end-to-end alternative to traditional automotive production processes. Featuring a combination of 3D printing and generative design technologies, the system gives users a way to build several different car models on the same machine.
This “model-independent” approach is also meant to enable rapid iteration, as DAPS’ ability to design, print and assemble parts by computer on the fly enables innovative designs to be realized quickly. Another advantage of the platform, according to company CEO Kevin Czinger, is that its flexible configuration makes it more efficient than existing car manufacturing methods, and therefore more sustainable as well.
“DAPS for the first time enables manufacturers to forgo the capital-intensive static design system they’ve been accustomed to for over a century and use a flexible, variable-cost design system that’s significantly more efficient,” explains Czinger. “Through this increased efficiency, DAPS is radically reducing the impact of manufacturing on the environment, making a significant contribution to global sustainability.”
As of March 2022, Divergent Technologies and its sister company Czinger Vehicles had obtained 509 patents to protect their technologies, and the former boasts of being a supplier of chassis and suspension systems for “major OEMs”.
Having accessed $80 million in additional funding, through loan facilities provided by Horizon Technology Finance Corporation and Bridge Bank respectively, the company is now positioned for even greater growth. Although access to $40 million of the larger $60 million facility is dependent on milestones in the diverging meeting, the $20 million line of credit is not subject to the same restrictions.
Building the 21C record
Without a doubt, the most publicized application of Divergent Technologies’ DAPS system to date has been the production of the Czinger 21C hypercar. While the vehicle’s most important numbers, including its $2 million price tag and 0-60 mph in 1.9 seconds, have grabbed the headlines, they’re actually the result of impressive technological innovation under the hood.
As Czinger explained to 3D Printing Industry during the Goodwood shakedown at 21C, almost all of the car’s chassis frame structure is DAPS printed, as is its suspension system, except for parts such as shock absorbers. , and it becomes easier to understand how these parts unlock performance when functional integration is considered.
The 21C’s V8 engine, for example, is powered by electric motors held in place by a “MotorNode”, which attaches its internal components to the car’s front structure, while supporting its suspension and steering systems. Likewise, the vehicle is fitted with DAP-printed “BrakeNodes” that allow calipers to be integrated into its brake uprights, in a way that allows for a 40-50% reduction in parts count and a weight saving of 40%.
Thanks to the efficiency gains unlocked by multiple examples in the 21C’s design, the hypercar could have broken the production car lap record at the Laguna Seca circuit last year. Since then, Czinger Vehicles’ high-powered exotic made its debut at the Goodwood Festival of Speed, where it proved capable of running for three days on the historic coast without suffering any issues.
Looking ahead at the AMUG 2022 conference, Czinger himself revealed that DAPS is expected to be used in the production of a GT Coupe by 2025 and an SUV by 2026. More recently, the serial entrepreneur also announced at Goodwood that Czinger Vehicles would be unveiling a new car at the Pebble Beach auto show in August 2022, although it was not shot at its exact specifications.
Advancing 3D printing in the automotive industry
Aside from Czinger Vehicles, very few automakers are deploying 3D printing in high-volume parts manufacturing, with the technology more often used to make prototypes or in short-run production. In such a case, Toyota started 3D printing spare parts alongside SOLIZE using HP systems, to reduce its delivery times.
That said, other players in the automotive world have recently accelerated their adoption of the technology, with companies like Audi 3D printing more hot forming tools at its metal 3D printing center in Ingolstadt. By increasing its deployment of EOS 3D printing, the company is now able to produce twelve different segments of hot forming tools in the factory, which are then used to assemble cars like the A4 sedan.
BMW’s IDAM 3D printing project also came to fruition in May 2022, when the automaker announced that the initiative had seen it successfully industrialize and digitize the technology. Set up three years ago, the program has seen BMW and its partners set up two automotive 3D printing production lines, capable of producing 50,000 parts per year.
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Featured image shows the Czinger 21C hypercar at the 2022 Goodwood Festival of Speed. Photo by Paul Hanaphy.