National Additive Manufacturing & Innovation Company Selects 3D Systems' Metal & Polymer Additive Manufacturing Solutions To Power Streamlined Supply Chain For Saudi Electricity Company

Author: Benzinga Newsdesk | July 11, 2024 04:17pm

• NAMI purchased 3D Systems' metal DMP Factory 500 and DMP Flex 350 Dual solutions, and polymer SLS 380 solution to produce parts for Saudi Electricity Company — improving supply chain efficiency
• Demonstrates positive effects of manufacturing locally and impact of making additive manufacturing more accessible to catalyze innovation
• 3D Systems' solutions driving growth of additive manufacturing use in energy sector — total market expected to grow to $17 billion by 2032
  
   

ROCK HILL, S.C., July 11, 2024 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE:DDD) announced that National Additive Manufacturing & Innovation Company (NAMI), an additive manufacturing company based in Saudi Arabia, has purchased multiple 3D Systems 3D printing technologies — DMP Factory 500, DMP Flex 350 Dual, and SLS 380 — to support its recently announced collaboration with the Saudi Electricity Company (SEC). Through this initiative, NAMI will leverage the power of 3D printing to create a localized supply chain for spare parts for SEC, the largest producer, transmitter, and distributor of electrical energy in the Middle East and North Africa. As part of the project, NAMI will create a digital inventory system intended to not only reduce production time but also physical storage requirements and cost. 3D Systems' additive manufacturing solutions, including its metal and polymer 3D printing technologies as well as NoSupports printing strategies developed by its Application Innovation Group, are renowned for enabling the efficient production of precise end-use parts. The combined expertise of NAMI and 3D Systems' industry-leading 3D printing technology will help deliver high-performance components such as pump impellers, fuel burners, motor fans, heat sinks, and heat exchangers while reducing SEC's physical inventory requirements. This will enable SEC to mitigate supply chain risk while lowering costs and driving efficiency.

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