HP Metal Jet up to 50x more productive,
delivering low-cost, high-quality final parts; New Metal Jet
Production Service opens up world of applications to global
customers; Partnerships with GKN Powder Metallurgy, Parmatech,
Volkswagen, Wilo and more
Today at the 2018 International Manufacturing Technology Show
(IMTS), HP Inc. launched
HP Metal Jet, the world’s
most advanced 3D printing technology for the high volume
manufacturing of production-grade metal parts. Providing up to 50
times more productivity1 at a significantly lower cost2 than other
3D printing methods, HP Metal Jet is being deployed by
manufacturing leaders GKN Powder Metallurgy and Parmatech for the
factory production of final parts. Customers placing orders include
global stalwarts Volkswagen and Wilo and innovative vertical market
leaders such as Primo Medical Group and OKAY Industries.
As part of its mission to transform the way the world designs
and manufactures, HP today also launched the Metal Jet
Production Service3, enabling customers around the world
to rapidly iterate new 3D part designs, produce final parts in
volume, and integrate HP Metal Jet into their long-term production
roadmaps.
“We are in the midst of a digital industrial revolution that is
transforming the $12 trillion manufacturing industry. HP has helped
lead this transformation by pioneering the 3D mass production of
plastic parts and we are now doubling down with HP Metal Jet, a
breakthrough metals 3D printing technology,” said Dion
Weisler, CEO and President, HP Inc. “The implications are
huge – the auto, industrial, and medical sectors alone produce
billions of metal parts each year. HP’s new Metal Jet 3D
printing platform unlocks the speed, quality, and economics to
enable our customers to completely rethink the way they design,
manufacture, and deliver new solutions in the digital age.”
HP Metal Jet is a groundbreaking, voxel-level binder jetting
technology leveraging more than 30 years of HP printhead and
advanced chemistries innovation. With a bed size of 430 x 320 x
200mm, 4x the nozzle redundancy and 2x the printbars4, and
significantly less binder by weight, HP Metal Jet delivers greater
productivity5 and reliability at a low acquisition and operational
cost6 compared to other metals 3D printing solutions. HP Metal Jet
will start with stainless steel finished parts, delivering
isotropic properties that meet or exceed ASTM and MPIF
Standards7.
Transforming Industries With HP Metal Jet
Technology
In an industry-first collaboration, HP is partnering with
GKN Powder Metallurgy to deploy HP Metal Jet in
their factories to produce functional metal parts for auto and
industrial leaders including Volkswagen and
Wilo. GKN Powder Metallurgy is the world’s leading
producer of materials and products using powder metallurgy
technologies and includes the brands of GKN Sinter Metals, GKN
Hoeganaes, and GKN Additive Manufacturing. The company produces
more than three billion components per year and expects to print
millions of production-grade HP Metal Jet parts for its customers
across industries as early as next year.
“We’re at the tipping point of an exciting new era from which
there will be no return: the future of mass production with 3D
printing. HP’s new Metal Jet technology enables us to expand our
business by taking on new opportunities that were previously cost
prohibitive,” said Peter Oberparleiter, CEO of GKN Powder
Metallurgy. “Our DNA and our expertise in powder
production and metal part processing using digitally networked
systems will enable us to drive industrialization across the whole
additive manufacturing value stream. By combining the forces of HP
and GKN Powder Metallurgy, we will push the productivity and
capability of our customers to unprecedented levels based on the
economic and technical advantages of HP Metal Jet technology.”
Volkswagen, one of the largest and most
innovative vehicle makers in the world, is integrating HP Metal Jet
into its long-term design and production roadmap. The collaboration
between Volkswagen, GKN Powder Metallurgy and HP has resulted in
the ability to move quickly to assess the manufacturing of
mass-customizable parts such as individualized key rings and
exterior-mounted name plates. Volkswagen's multi-year plan to use
HP Metal Jet also includes the production of higher performance
functional parts with significant structural requirements, such as
gearshift knobs and mirror mounts. As new platforms such as
electric vehicles enter mass production, HP Metal Jet is expected
to be leveraged for additional applications such as the
lightweighting of fully safety-certified metal parts.
“The auto industry is being revolutionized – not only do
customers now expect personalization, but by 2025 the brands of
Volkswagen Group will have introduced 80 new electric models,” said
Dr. Martin Goede, Head of Technology Planning and
Development, Volkswagen. “A single car consists of six
thousand to eight thousand different parts. A big advantage of an
additive technology like HP Metal Jet is it allows us to produce
many of these parts without first having to build manufacturing
tools. By reducing the cycle time for the production of parts, we
can realize a higher volume of mass production very quickly.
That’s why HP’s new Metal Jet platform is a huge leap forward for
the industry, and we look forward to raising the bar on what is
possible to deliver more value and innovation for our
customers.”
GKN Powder Metallurgy is also leveraging HP Metal Jet technology
to produce cost-effective industrial parts with higher hydraulic
efficiency for Wilo, a global leader for pumps and
pump system solutions. Wilo is looking to HP Metal Jet technology
to produce initial hydraulic parts such as impellers, diffusors,
and pump housings with widely variable dimensions that must
withstand intense suction, pressure, and temperature
fluctuations.
Reinventing Healthcare With HP Metal Jet
To serve the medical industry, HP is also partnering with
Parmatech, an ATW Company, to expand mass
production of Metal Jet parts for customers including OKAY
Industries, Primo Medical Group, and
others. Parmatech is a world leader in metal injection
molding and has been a metals manufacturing pioneer for more than
40 years, specializing in producing low-cost, high-volume metal
parts for the medical and industrial sectors.
“HP Metal Jet represents the first truly viable 3D technology
for the industrial-scale production of metal parts. Our
customers demand extreme performance, quality, and reliability and
HP’s advanced technology and heritage of market disruption give us
the confidence to deliver beyond expectations,” said Rob
Hall, President of Parmatech. “We are excited to deploy HP
Metal Jet in our factories and begin manufacturing complex parts,
such as surgical scissors and endoscopic surgical jaws, and new
applications and geometries not possible with conventional metal
fabrication technologies. HP Metal Jet technology will play a key
role in our mission to develop innovative solutions for the unique
challenges of our customers.”
Designed for Mass Production: HP
Metal Jet Pricing and Availability
In first half of 2019, customers will be able to upload 3D
design files and receive industrial-grade parts in large quantities
from the new Metal Jet Production
Service. The parts will be produced by HP
partners GKN Powder Metallurgy and Parmatech to ensure the highest
standards of engineering and production quality. For more
information and to register for access to the HP Metal Jet
Production Service go to HP.com/go/3Dmetalparts.
Complete technical information on HP’s new Metal Jet technology
can be found at HP.com/go/3Dmetals.
Commercial HP Metal Jet solutions will be offered at under
$399,000 and begin shipping in 2020 to early customers and with
broad availability in 2021. Reservations for customers to pre-order
HP Metal Jet systems are available today8.
HP Showcasing the Future of 3D Mass Production at
IMTS
Join HP’s President of 3D Printing, Stephen Nigro, on
September 11 at 9:00am CT at the Sky Ballroom, West
Building, McCormick Place for the opening keynote of the
Additive Manufacturing Conference at IMTS. HP and its partners and
customers will showcase their journey driving 3D printing metals
technology into mass production. A live stream of the keynote is
available by registering at http://gbm.media/hp-keynote.
About HP HP Inc. creates technology that makes
life better for everyone, everywhere. Through our portfolio of
printers, PCs, mobile devices, solutions and services, we engineer
experiences that amaze. More information about HP Inc. is available
at http://www.hp.com/go/3Dprinting.
Forward-Looking Statements
This presentation contains forward-looking statements that
involve risks, uncertainties and assumptions. If the risks or
uncertainties ever materialize or the assumptions prove incorrect,
the results of HP Inc. and its consolidated subsidiaries (“HP”) may
differ materially from those expressed or implied by such
forward-looking statements and assumptions.
All statements other than statements of historical fact are
statements that could be deemed forward-looking statements,
including but not limited to any projections of net revenue,
margins, expenses, effective tax rates, net earnings, net earnings
per share, cash flows, benefit plan funding, deferred taxes, share
repurchases, foreign currency exchange rates or other financial
items; any projections of the amount, timing or impact of cost
savings or restructuring and other charges; any statements of the
plans, strategies and objectives of management for future
operations, including, but not limited to, our sustainability
goals, including the execution of restructuring plans and any
resulting cost savings, net revenue or profitability improvements;
any statements concerning the expected development, performance,
market share or competitive performance relating to products or
services; any statements regarding current or future macroeconomic
trends or events and the impact of those trends and events on HP
and its financial performance; any statements regarding pending
investigations, claims or disputes; any statements of expectation
or belief, including with respect to the timing and expected
benefits of acquisitions and other business combination and
investment transactions; and any statements of assumptions
underlying any of the foregoing.
Risks, uncertainties and assumptions include the need to address
the many challenges facing HP’s businesses; the competitive
pressures faced by HP’s businesses; risks associated with executing
HP’s strategy; the impact of macroeconomic and geopolitical trends
and events; the need to manage third-party suppliers and the
distribution of HP’s products and the delivery of HP’s services
effectively; the protection of HP’s intellectual property assets,
including intellectual property licensed from third parties; risks
associated with HP’s international operations; the development and
transition of new products and services and the enhancement of
existing products and services to meet customer needs and respond
to emerging technological trends; the execution and performance of
contracts by HP and its suppliers, customers, clients and partners;
the hiring and retention of key employees; integration and other
risks associated with business combination and investment
transactions; the results of the restructuring plans, including
estimates and assumptions related to the cost (including any
possible disruption of HP’s business) and the anticipated benefits
of the restructuring plans; the impact of changes in tax laws,
including uncertainties related to the interpretation and
application of the Tax Cuts and Jobs Act of 2017 on HP’s tax
obligations and effective tax rate; the resolution of pending
investigations, claims and disputes; and other risks that are
described in HP’s Annual Report on Form 10-K for the fiscal year
2017, and HP’s other filings with the Securities and Exchange
Commission. HP assumes no obligation and does not intend to update
these forward-looking statements. HP’s Investor Relations website
at http://www.hp.com/investor/home contains a significant amount of
information about HP, including financial and other information for
investors. HP encourages investors to visit its website from time
to time, as information is updated, and new information is
posted.
___________________________1 Based on comparable competitive
binder jetting and selective laser melting (SLM) metals 3D printing
solutions available as of July 31, 2018. Productivity claim based
on: 1) up to 50 times more productive, on average, based on print
speed for serial production up to 100,000 parts, and 2) solution
acquisition cost.
2 Low cost based on comparable competitive binder jetting and
selective laser melting (SLM) metals 3D printing solutions
available as of July 31, 2018. Expected printer price for 2020
launch for lead customers.
3 HP does not provide manufacturing services. Customers work
directly with and pay for manufacturing services provided by a
trusted third-party manufacturing partner responsible for
fulfilling the order. HP provides design compatibility check for HP
Metal Jet printing. Metal Jet Production Service1 is expected to be
available in Western Europe and US. Part production will be
fulfilled and delivered by our trusted manufacturing partners with
expected availability first half 2019.
4 HP Metal Jet technology provides up to 4 times more 3D printer
nozzle redundancy and 2 times more printbars compared to
competitive binder jetting metals 3D printing solutions available
as of July 31, 2018.
5 Based on comparable competitive binder jetting and selective
laser melting (SLM) metals 3D printing solutions available as of
July 31, 2018. Productivity claim based on: 1) up to 50 times more
productive, on average, based on print speed for serial production
up to 100,000 parts, and 2) solution acquisition cost.
6 Low cost based on comparable competitive binder jetting and
selective laser melting (SLM) metals 3D printing solutions
available as of July 31, 2018. Expected printer price for 2020
launch for lead customers.
7 Specifically, ASTM/MPIF standards for tensile strength, yield
strength, and elongation.
8 Reserve a printer is expected to be available in the following
countries: US, UK, France, Germany, Italy, and Spain. HP Metal Jet
printers are expected to become commercially available second half
2020 for lead customers, with expected broad availability in
2021.
Photos accompanying this announcement are available at:
http://www.globenewswire.com/NewsRoom/AttachmentNg/af5c8910-9f42-4230-b35a-415d14cc021b
http://www.globenewswire.com/NewsRoom/AttachmentNg/530973ef-7ee2-44f4-9799-9affa98ac904
http://www.globenewswire.com/NewsRoom/AttachmentNg/97b48e25-de71-4e15-94dc-7e411abb8dc8
Noel Hartzell, HP inc.
noel.hartzell@hp.com
www.hp.com/go/newsroom
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