GE Additive, Concept Laser and Arcam AB have signed a Memorandum of Understanding (MoU) with Swiss technology company Oerlikon to help accelerate the industrialization of additive manufacturing.

The agreement includes providing Oerlikon with additive machines and services, while Oerlikon becomes a preferred component manufacturer and materials supplier to GE Additive.

GE and Oerlikon will also collaborate on additive machine and materials research and development over the five-year period of the agreement.

‘Developing innovative technology is key to our growth strategy,’ said Dr. Roland Fischer, CEO of Oerlikon. ‘We look forward to partnering with GE Additive, Concept Laser and Arcam on innovative materials and machines which will strengthen our position in additive manufacturing, and allows us to meet the growing demand for additive components in a variety of industries.’

This story is reprinted from material from GE Additivewith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.