Atomik AM has acquired 125,000 GBP of funding to spice up its binder jet additive manufacturing (AM) developments.
The corporate, a College of Liverpool spinout based mostly on the college’s College of Engineering, is about to make use of the injection of funding from LYVA Labs to help the commercialisation of its metallic binder jet options, develop new IP, file a patent, safe eight jobs, and create a brand new Chief Working Officer place.
Headed by serial AM entrepreneur Professor Kate Black, Atomik AM specialises in engineering solutions-based approaches to superior manufacturing and has developed a variety of strategies and binders that enhance the method of metallic binder jetting.
Professor Black, Founder and CEO of Atomik AM mentioned: “This funding is a testomony to the groundbreaking work our workforce is doing to advance additive manufacturing processes. It permits us to increase our capabilities, speed up innovation, and convey sustainable, cutting-edge options to the business. At Atomik AM, we imagine in driving change in manufacturing to create a greater future for everybody.”
The funding has been awarded as a part of a wider Liverpool Metropolis Area Mixed Authority initiative, which has invested 10.5 million GBP through LYVA Labs to show concepts, notably these in superior manufacturing, into high-growth companies.
LYVA Labs’ Head of Investments, Akshay Bhatnagar, added: “We hope this would be the first of many investments alongside the College of Liverpool, Atomik AM exemplifies the excellence present in superior manufacturing R&D throughout Liverpool Metropolis Area, and we’re happy to be a part of this enterprise’ thrilling innovation journey.”
In October final 12 months, Atomik AM introduced a collaboration with with gas cell and hydrogen manufacturing expertise developer Cygnus Atratus to discover how waste from its aluminium 3D printing processes may very well be used to create clear power. In an earlier interview with TCT final 12 months, Black shared Atomik AM’s imaginative and prescient for “agile manufacturing for a sustainable future,” suggesting that AM has a robust function to play in selling sustainable manufacturing.