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The AdditiveNow joint venture services the oil and gas mining and major infrastructure sectors

The AdditiveNow joint venture services the oil and gas mining and major infrastructure sectors

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
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The AdditiveNow joint venture services the oil and gas mining and major infrastructure sectors

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

BibraLake, western Australia, has agreed to AdditiveNow with AdvisianDigital, a division of WorleyParsonsGroup.The goal of the 50/50 joint venture is to provide a complete range of additive manufacturing services, primarily for oil and gas, mining, and major infrastructure customers, by combining Aurora's products and technologies with existing industry linkages.

 

AdditiveNow is expected to focus on services including consulting, engineering and agile manufacturing.The products and schedules for deployment will depend in part on the continued development of Aurora products, systems, and technologies.

 

Aurora LABS managing director DavidBudge said: "the finalization of this joint venture is an important step forward for Aurora and the entire 3D printing industry.We look forward to helping our new and broader customer network find business advantages through 3D printing solutions, especially in mining, oil and gas, and major infrastructure areas."

 

"As our technology enters the market, Aurora is optimistic that as interest in 3D printing in these industries increases, Aurora will follow any growth opportunity," he continued."We have identified and initiated discussions with specific customers to improve efficiency and reduce their capital investment in spare parts and inventory, thus potentially replacing all aspects of the traditional supply chain with 3D metal printing technology."

 

"This has the potential to reduce inventory holding costs, shipping costs and manufacturing lead times.We look forward to finding more commercial applications through this joint venture."

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