SLM Solutions Group AG: Largest single contract in the history of SLM Solutions
- Framework agreement for 50 SLM 280 single and multi-laser machines concluded with a customer from China
- Total revenue volume of the contract: EUR 28 to 43 million
- Largest single contract ever in the history of SLM Solutions
- Important step in the ongoing development of the Asian market
Lübeck, September 20, 2017 – Today SLM Solutions Group AG (“SLM Solutions”), a leading supplier of metal-based additive manufacturing technology, signed the company’s largest ever multi-machine contract for 50 machines of the SLM 280 series. The systems will be sold via a sales partner in China. SLM 280, in particular in its multi-laser version, is the most successful model in SLM Solutions’ product range.
Since its IPO in 2014, SLM Solutions has pursued the objective of gaining a firm foothold in Asia. The company is already represented in the region through its subsidiaries in Singapore, China and India. “Following on from a contract received from a customer from China for 10 machines of the SLM 500 series in June 2017, which marked the largest single order for this type of system, we are now delighted to have won the largest single contract ever in the history of SLM Solutions in the Asian market,” explains Uwe Bögershausen, board member of SLM Solutions Group AG. This major order is an important step in promoting further growth in this important region and once more underscores the strong global demand for additive production facilities suitable for industrial applications. The machines will be sold up over the course of the years from 2017 to 2020. To the knowledge of SLM Solutions it is one of the largest orders ever placed in China in the area of additive manufacturing.
SLM 280 machines represent the fastest selling series currently produced by SLM Solutions. In addition to the possibility to customize machine parameters, SLM 280 machines offer customers high level of productivity through the parallel use of up to two lasers, each with a maximum 700 watt output, as well as the high quality of the parts produced. The powerful performance of the machines enables the production costs per component manufactured to be optimized while allowing full scope for geometrical design.
Uwe Bögershausen, board member of SLM Solutions Group AG: “This contract shows that we are absolutely right in focusing on developing long-term customer relationships and underpins our long-term growth trajectory as an independent German company. The order also underlines the high suitability of SLM’s machines for the industrial production of parts in high quality.”
ABOUT THE COMPANY
Lübeck-based SLM Solutions Group AG is a leading provider of metal-based additive manufacturing technology. The company’s shares are traded in the Prime Standard of the Frankfurt Stock Exchange. The stock has been listed in the TecDAX index since March 21, 2016. SLM Solutions focuses on the development, assembly and sale of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 340 members of staff in Germany, the USA, Singapore, Russia, India and China. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries.