Equispheres' Aluminum Powder.
Equispheres, a materials science innovator based in Ottawa, Ont., has been awarded funding and support from Sustainable Development Technology Canada (SDTC). SDTC helps Canadian entrepreneurs accelerate the development and deployment of globally competitive clean technology solutions.
Equispheres’ powder is designed specifically for additive manufacturing and has been optimized for the automotive and aerospace industries. The company is receiving $8 million from SDTC to facilitate scaling its metal powder production capacity over the next two years.
“We are excited to receive this funding award from the SDTC Foundation,” states Kevin Nicholds, CEO of Equispheres. “This support from SDTC speaks to the importance of our powder technology as a key to achieving significant emissions reductions in the automotive sector. The funding from SDTC will help Equispheres to continue to accelerate our production capacity and support this important work by our automotive partners.”
Although additive manufacturing is not new to the automotive and aerospace industries, it was previously not feasible on a mass production scale with aluminum alloy powders. Since aluminum alloys account for a significant amount of the material demand in these industries, developing a powder that allows for faster, more efficient production of stronger and lighter parts, has huge implications for manufacturers.
“Canadian cleantech entrepreneurs are tackling problems across Canada and in every sector," said Leah Lawrence, president and CEO, SDTC. "I have never been more positive about the future. "Equispheres has developed a metal powder that acts as ink for 3D printing and enables automotive and aerospace manufacturers to reduce the weight of their products. With Equispheres’ powder set to remove 100-200 kg of mass from an automobile, this would be the equivalent to removing 75 million cars off the road!”
The SDTC funding will enable Equispheres to work with more automotive and aerospace industry partners faster and help them realize the benefits of more efficient production and reduced emissions with their innovative metal powder.
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February 05, 2020 at 03:09AM
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Equispheres awarded $8 million in SDTC funding for metal powder innovation - Canadian Metalworking
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