"Additive Manufacturing is a major pillar in our digitization strategy," said Willi Meixner, CEO of Siemens Power and Gas Division. "This significant investment underlines our belief that there is huge potential for innovation and growth within the Additive Manufacturing sector. It is also the next step towards achieving our ambition of pioneering the industrialisation of this exciting new technology and demonstrates how we are leading the way for the fourth industrial revolution," he added. Siemens is leading not only as a user of 3D-printing but also as a supplier of software and solutions for the automation of this technology. Moreover, with Materials Solutions, the company also offers comprehensive services for engineering and printing up to the complete manufacturing of parts for external customers for example in the aviation industry, the automotive industry and motor sports.
Siemens acquired a majority stake in Materials Solutions Ltd. in 2016. The business is a pioneer in the use of Selective Laser Melting (SLM) technology for the manufacture of high-performance metal parts, with a focus on high-temperature super alloys. Materials Solutions has grown its business considerably over the last two years. It has developed proven applications, know-how and a supply chain for some of the world's most advanced engineering companies operating in a broad range of industries. The company also works closely with Siemens' Power & Gas Division and it is anticipated that, thanks to its expanded footprint, it will manufacture thousands of parts for use in Siemens power generation equipment over the coming years.
For further information on Materials Solutions, please see www.materialssolutions.co.uk
For further information on Siemens Power and Gas Division, please seewww.siemens.com/about/power-gas
For further information on Siemens Digital Factory Division, please see www.siemens.com/about/digital-factory