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Armenian Firm to Assemble New High-Speed 3D Printer
Tuesday, July 22nd, 2014
http://asbarez.com/125208/armenian-firm-to-assemble-new-high-speed-3d-printer/
A geometric object made using a 3D printer
SINGAPORE (PRNewswire)--Zecotek Photonics Inc., a developer of
leading-edge photonics technologies for medical, industrial and
scientific markets, on Tuesday announced that its wholly owned
subsidiary Zecotek Display Systems Pte. Ltd. has contracted LT-PYRKAL
of Yerevan, Armenia, to assemble and test its first compact,
high-speed 3D printer which will use high-performance metal alloys and
offer technical and commercial advantages over other 3D printing
technology. Zecotek and LT-Pyrkal previously announced a partnership
in February 2014. Since that time a number of key technical challenges
have been solved and LT-Pyrkal will now proceed with the assembly of
the new 3D printer, which will be used for both prototyping and
distributed manufacturing with specific applications in electronics,
aerospace, automotive, mechanical and healthcare industries.
"With our partner LT-PYRKAL, we are assembling and testing our first
3D printer which will have the ability to use an extended and varied
list of alloys to "print" metal components for targeted industries,"
said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek
Photonics Inc. "Our technical team of scientists have identified a
unique approach to handle high-performance metal alloys with our
compact high-speed 3D print technologies. The advantage of our design
is the compactness, speed and quick transition from prototyping to 3D
manufacturing at all levels of production. Add the ability to handle
high-performance metal alloys and the size of the market grows
considerably. We are excited about the prospect of being a key leader
in an industry that will revolutionize manufacturing."
LT-PYRKAL is a long time contract partner of Zecotek which developed a
number of key electro-mechanical elements for Zecotek's patented 3D
display technology. The company is known for its experience in
automation systems, component design and product development across
many industries. It has working relations with both small and large
organizations and has completed large projects for local government
agencies.
"We look forward to continuing to build on our growing relationship
with Zecotek by completing the assembly and testing of their first
compact high-speed 3D printer and assist them to move to full
production and sales," said Gagik Buniatyan, General Director of
LT-PYRKAL.
3D printing is the process of making three dimensional solid objects
from a digital model by laying down successive layers of material in
different shapes. Zecotek and LT-PYRKAL have identified a unique
method of printing with high-performance metal alloys with its
proprietary compact, high-speed 3D printing technologies. This will
provide companies to evaluate a broader range of product models in
less time to improve design throughout the product development
process. Rapid prototyping enables faster more efficient production,
while rapid manufacturing enables higher productivity, economical
customization, improved quality, and greater efficiency.
Total annual sales and service of 3D printers has reached $2 billion.
Leading industry analysts predict continued significant growth with
annual sales of 3D printing reaching $4 billion by 2015, and over $10
billion by 2021. The rapid growth in the 3D printing market is due to
the improving performance of additive equipment and the expanding
range of materials being used. Although 3D printing has now become
cheaper and more customizable than regular manufacturing methods,
Zecotek and LT-PYRKAL have identified a number of opportunities to
improve 3D printing technology. Patents will be filed as required.
LT-PYRKAL is a Greek-Armenian research, development and production
company, specializing in crystal growth, laser accessories and
components, lasers and systems. LT-PYRKAL was established in 1999 and
today employs over 250 highly qualified specialists and occupies over
30,000 square meters of industrial facilities for synthetic crystal
growth, opto-mechanics and laser electronics manufacturing, and laser
and EO Systems development.
Tuesday, July 22nd, 2014
http://asbarez.com/125208/armenian-firm-to-assemble-new-high-speed-3d-printer/
A geometric object made using a 3D printer
SINGAPORE (PRNewswire)--Zecotek Photonics Inc., a developer of
leading-edge photonics technologies for medical, industrial and
scientific markets, on Tuesday announced that its wholly owned
subsidiary Zecotek Display Systems Pte. Ltd. has contracted LT-PYRKAL
of Yerevan, Armenia, to assemble and test its first compact,
high-speed 3D printer which will use high-performance metal alloys and
offer technical and commercial advantages over other 3D printing
technology. Zecotek and LT-Pyrkal previously announced a partnership
in February 2014. Since that time a number of key technical challenges
have been solved and LT-Pyrkal will now proceed with the assembly of
the new 3D printer, which will be used for both prototyping and
distributed manufacturing with specific applications in electronics,
aerospace, automotive, mechanical and healthcare industries.
"With our partner LT-PYRKAL, we are assembling and testing our first
3D printer which will have the ability to use an extended and varied
list of alloys to "print" metal components for targeted industries,"
said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek
Photonics Inc. "Our technical team of scientists have identified a
unique approach to handle high-performance metal alloys with our
compact high-speed 3D print technologies. The advantage of our design
is the compactness, speed and quick transition from prototyping to 3D
manufacturing at all levels of production. Add the ability to handle
high-performance metal alloys and the size of the market grows
considerably. We are excited about the prospect of being a key leader
in an industry that will revolutionize manufacturing."
LT-PYRKAL is a long time contract partner of Zecotek which developed a
number of key electro-mechanical elements for Zecotek's patented 3D
display technology. The company is known for its experience in
automation systems, component design and product development across
many industries. It has working relations with both small and large
organizations and has completed large projects for local government
agencies.
"We look forward to continuing to build on our growing relationship
with Zecotek by completing the assembly and testing of their first
compact high-speed 3D printer and assist them to move to full
production and sales," said Gagik Buniatyan, General Director of
LT-PYRKAL.
3D printing is the process of making three dimensional solid objects
from a digital model by laying down successive layers of material in
different shapes. Zecotek and LT-PYRKAL have identified a unique
method of printing with high-performance metal alloys with its
proprietary compact, high-speed 3D printing technologies. This will
provide companies to evaluate a broader range of product models in
less time to improve design throughout the product development
process. Rapid prototyping enables faster more efficient production,
while rapid manufacturing enables higher productivity, economical
customization, improved quality, and greater efficiency.
Total annual sales and service of 3D printers has reached $2 billion.
Leading industry analysts predict continued significant growth with
annual sales of 3D printing reaching $4 billion by 2015, and over $10
billion by 2021. The rapid growth in the 3D printing market is due to
the improving performance of additive equipment and the expanding
range of materials being used. Although 3D printing has now become
cheaper and more customizable than regular manufacturing methods,
Zecotek and LT-PYRKAL have identified a number of opportunities to
improve 3D printing technology. Patents will be filed as required.
LT-PYRKAL is a Greek-Armenian research, development and production
company, specializing in crystal growth, laser accessories and
components, lasers and systems. LT-PYRKAL was established in 1999 and
today employs over 250 highly qualified specialists and occupies over
30,000 square meters of industrial facilities for synthetic crystal
growth, opto-mechanics and laser electronics manufacturing, and laser
and EO Systems development.