Intech Additive Solutions Ltd. has announced that it has bagged multiple orders worth $2 million for its ‘Made in India’ Metal AM systems in the last quarter of the financial year ending Mar 31.
The Bengaluru-based company claims to be the first Indian OEM successful in developing and supplying 3D metal printers based on laser powder bed fusion technology for industrial manufacturing.
Intech, which has its facility in Bengaluru, has been successful in indigenously developing, manufacturing, and selling its ‘iFusion’ series of Metal AM systems, along with its Build Processing
software AMBuilder and parameter optimisation software AMOptoMet – both developed in-house.
These integrated systems have gained ready acceptance in
the industry against stiff competition from global majors, the company said.
Intech’s multiple orders worth $2 million includes the sale of a combined total of six Metal AM Systems, iFusion SF1, and iFusion LF1, configured with pre-build software AMBuilder to five organisations, viz. Indo-MIM, a leading global supplier of Metal Injection Molding components catering to Aerospace,
Medical, and Oil & Gas industries, Pandit Deendayal Energy University (PDEU) – for applications in Energy and Energy infrastructure, Poeir Jets- an Indian OEM for Heavy-lift Drones and two more renowned organisations in India whose names will be announced soon, the company said.
“We have focused on a steady and sustainable growth path despite the challenges of COVID and enforced lockdowns. It is exciting to see that our home grown iFusion series Metal AM systems, AM software suite AMBuilder and AMOptoMet has been well accepted and garnering increasing acclaim day by day
as a better alternative to extremely expensive imported AM systems” Intech Chief Executive Officer Sridhar Balaram said.
He added that the company’s target industry segments are growing, and its investment strategy has kept up with the increased demand with the support of its strong team of experts in-house.
The company is also diversifying its team by adding innovative young professionals, Balaram said.
“The positive results of Q4′ 20-21 has prompted us to accelerate our investment plans in hardware, software, and consultancy. Our sales pipeline is highly promising. The market is prompting us to take a positive stand despite the looming COVID situation, which also gives us immense confidence to invest further,” said Pradeep Nair, Vice President -Hardware Sales, Intech.
The company is confident and determined to establish Intech as a global OEM. Intech’s primary task is to create an innovative ecosystem to produce Metal AM products and services and embed them into mainstream manufacturing, Nair added.
“Intech aspires to stay true to the principles of ‘Make in India’ and the ‘Atmanirbhar Bharat Abhiyan,’ advocating self-reliance through India’s additive manufacturing industry’s technological transformation. It also aims to be a global solution provider for Metal AM Systems and AM Software, contributing to the growth of a sustainable ecosystem for AM systems in India to compete globally and ensure AM manufactured end-user functional
components for domestic and export markets.” Balaram said.