Materials Solutions

Materials Solutions (1)

Materials Solutions Limited is pleased to announce a strategic investment from the Venture Capital Unit of Siemens (SVC).

Announcing the investment, Materials Solutions founder and CEO Carl Brancher said; “I am extremely pleased that SVC has chosen to invest in Materials Solutions. I believe this investment validates Materials Solutions as the global technology leader in Additive Manufacturing of nickel superalloys.”

Carl continued; “since starting up in 2006, Materials Solutions has developed high performance materials and manufacturing processes for laser powder bed Additive Manufacturing particularly targeting gas turbine applications. Our capabilities in Additive Manufacturing reduce development time and improve new product performance for our customers.”

“There are now strong signs that Additive Manufacturing will move into mainstream production for land and aero gas turbine components”, said Ralf Schnell, CEO of the Venture Capital Unit of Siemens. “Materials Solutions are outstanding in capability and experience and we will support their expansion.”

"My team and I are very excited about the huge benefit for Siemens’ Additive Manufacturing Industrialization Strategy resulting from this strategic collaboration”, said Andreas Fischer-Ludwig, Director Manufacturing Development & Industrialization, for Siemens Large Gas Turbines, Generators Business Unit.

"We know the people at Materials Solutions well and they provide strong support for the introduction of Additive Manufacturing into our large gas turbines and distributed power generation products”, added Markus Seibold, head of Enabling Manufacturing Technologies at Siemens Large Gas Turbines, Generators Business Unit.

The Venture Capital Unit of Siemens invests in early stage technology companies and established technology growth companies, focusing on the energy, healthcare, industry, and infrastructure markets and hence plays a key role in Siemens’ global innovation network. The aim is to identify innovative solutions from which Siemens and its customers can profit and to strengthen business partnerships with innovative industry players. Since 1999 the company has invested in about 180 start-up companies worldwide.

For more information, visit: www.siemens.com/venturecapital

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