6K Additive has introduced that the corporate will likely be increasing its business operations into Europe, naming François Bonjour as its European Gross sales Director. Bonjour has over 20 years of expertise in gross sales throughout a number of related industries, together with over a decade spent within the additive manufacturing (AM) sector.
6K Additive, together with 6K Vitality, is likely one of the important divisions of Massachusetts-based 6K. The broader firm focuses on discovering extra sustainable strategies for offering metals utilized in industrial processes, particularly the manufacturing of battery cathode supplies.
6K Additive has been particularly busy in 2022, following the corporate’s elevating $51 million to broaden manufacturing and business operations in its Sequence C spherical of financing final fall. Along with elevating one other $102 million in Could, in what was simply the primary tranche of its Sequence D financing, 6K additionally acquired $1.5 million in a grant from Massachusetts’ state authorities. The grant was for tools used to recycle the scrap metals 6K turns into powders for AM and battery manufacturing.
$1.5 million is after all just one p.c of the $150 million 6K acquired total in its Sequence D spherical. Nonetheless, it’s vital to additionally remember the fact that federal funding for AM might be going to proceed growing for the foreseeable future, and that is very true for firms concerned in renewable vitality. Federal grants are clearly extra prone to go to firms with a confirmed observe report of wortwhile ROI from prior grants.
On this vein, maybe 6K’s most vital improvement to date this yr, additionally in April, was the discharge of its first impartial lifecycle evaluation (LCA). The sustainability and vitality agency Foresight Administration decided that 6K’s UniMelt course of makes use of 91 p.c much less vitality, and emits 92 p.c much less carbon than conventional processes for producing nickel powders. Furthermore, the potential for total reductions within the emissions attributable to metallic provide chains multiplies additional, when you think about 6K’s long-term emphasis on recycling. As 3DPrint.com’s editor-in-chief, Michael Molitch-Hou, put it, “It’s due to this fact admirable that 6K has developed such a course of, however what makes it all of the extra thrilling is the chance that UniMelt could possibly be used to recycle current metallic elements.”
Clearly, this may even be an enormous promoting level in European markets, as nicely, as the corporate’s president famous. If, within the close to future, there’s certainly a big spike in mergers and acquisitions within the AM sector, 6K looks like a logical central node for the operations of a broader AM conglomerate.
Photos courtesy of 6K
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