Uniformity Labs out of business? $10 million worth of 3D printing assets up for sale

$10 million worth of metal 3D printing assets from Uniformity Labs, an engineering materials company, are up for sales in an online auction. The assets being sold include ALD Vacuum Technologies

Feb 8, 2024 - 03:46
Feb 28, 2024 - 23:00
 0
Uniformity Labs out of business? $10 million worth of 3D printing assets up for sale
Techatty - be supportive
Support projects for a higher ROI

Uniformity Labs out of business? $10 million worth of metal 3D printing assets from Uniformity Labs, an engineering materials company, are up for sales in an online auction.     

The assets being sold include ALD Vacuum Technologies’ Viga 35 Vacuum Gas Atomizer system priced at $3.5 million, SLM Solutions’ 280HL Dual 700W laser powder bed fusion (LPBF) 3D printer, an SLM 125M 3D printer, an EOS M290 LPBF system, a Desktop Metal P1 Production binder jet 3D printer, and a Desktop Metal Shop system. 

Additional industrial 3D printing equipment such as mixers, vacuum dryers, Netzsch Classifiers, CNC machine shop equipment, furnaces, lab equipment, and metal 3D printing materials are also on offer.    

Given the extent of these assets and the fact that the company hasn’t released any news updates since September 2023, the auction could suggest that Uniformity Labs has now ceased trading. However, this is yet to be confirmed.

3D Printing Industry has contacted Uniformity Labs for comment.   

The timed online auction is being delivered by US auctioneers Tauber-Arons Inc. and Aaron Industrial Solutions. Bidding closes at 9am PST on 7 February 2024. 

“We are excited to facilitate this groundbreaking auction, showcasing the latest advancements in Powdered Metals Processing and Printing Facilities,” stated Tony Arons, President of Tauber- Arons Inc. “These labs represent an unprecedented opportunity for businesses to enhance their capabilities with top-tier equipment.”

Uniformity Labs out of business?  

Founded in 2014, Uniformity Labs develops feedstocks and 3D print processes that seek to deliver significant cost savings, speed, and quality improvements. The company’s proprietary materials and alloys are optimized for metal 3D printing processes such as powder bed fusion (PBF) and binder jetting.

In 2021, Uniformity raised $38.35 million in Series B funding which was expected to drive the expansion of its production capabilities and specialized material portfolio. 

Uniformity Labs appointed former General Motors executive Alan Batey as an advisor to its senior management team in 2022 to help deliver plans to scale up the company.

The company’s scaling initiative seemed to have been progressing well. Just last year, the Uniformity Labs launched a new UniFuse IN625 Nickel Alloy and optimized parameters for LPBF 3D printing at 60µm layer thicknesses at RAPID + TCT 2023. 

Techatty All-in-1 Publication
Techatty All-in-1 Publication

This followed the release of the UniFuse AlSi10Mg Aluminum powder, and parameters for 50µm and 90µm layer LPBF 3D printing. The company’s new UniJet SS17-4PH Performance stainless steel powder for Desktop Metals Production System 3D printer was also launched in 2023.    

Additionally, a March 2023 partnership extension with Tekna, a leading provider of advanced materials to industry, suggested positive growth into the production of sustainable materials. Through the collaboration, Tekna supplied an AlSi10Mg aluminum-based alloy to Uniformity for the production of new metal 3D printing powder.  

Web and Cloud LLC Your reliable technology partner, and digital inclusion advocate from Miami, Florida. Web and Cloud is a technology partner with extensive expertise in consulting, software engineering, server infrastructure and services, support and management of technology projects for companies of all sizes. Let's talk about leveraging the power of innovative technology, and AI & Human collaboration to help your business or startup works smarter, move faster, and achieve greater success. *Login or create a free account at my.webandcloud.com to get started.
Web and Cloud LLC - talk to us and let's discuss your needs.
Let's help transform your business