Is Uniformity Labs Going Out of Business? $10 million of 3D Printing Assets on Sale


Uniformity Labs, a company specializing in engineering materials, is auctioning off $10 million worth of metal 3D printing assets in an online event.

The items up for grabs include the Viga 35 Vacuum Gas Atomizer system from ALD Vacuum Technologies which is on the market for $3.5 million. Also up for sale are the 280HL Dual 700W laser powder bed fusion (LPBF) 3D printer from SLM Solutions, an SLM 125M 3D printer, an M290 LPBF system from EOS, a Desktop Metal P1 Production binder jet 3D printer, and a Desktop Metal Shop system.

Other industrial 3D printing equipment such as mixers, vacuum dryers, Netzsch Classifiers, CNC machine shop equipment, furnaces, lab equipment, and metal 3D printing materials are also available.

There has been no news from Uniformity Labs since September 2023, leading to speculation that the company may have closed its doors. That, however, remains unconfirmed.

3D Printing Industry has reached out to Uniformity Labs for remarks.

The timed auction online is being facilitated by the US auction houses Tauber-Arons Inc and Aaron Industrial Solutions. The bidding window closes at 9AM PST on 7th February 2024.

“We’re thrilled to oversee this pioneering auction, presenting the latest innovations in Powdered Metals Processing and Printing Facilities,” Tony Arons, President of Tauber-Arons Inc, explains. “These labs are a unique chance for companies seeking to upgrade their equipment base.”

EOS M290 Direct Metal Laser Sintering system is one of the 3D printers from Uniformity Labs up for sale. Image via EOS.

Uniformity Labs out of business?  

Founded in 2014, Uniformity Labs develops feedstocks and 3D print processes that seek to deliver significant cost savings, speed, and quality improvements. The company’s proprietary materials and alloys are optimized for metal 3D printing processes such as powder bed fusion (PBF) and binder jetting.

In 2021, Uniformity raised $38.35 million in Series B funding which was expected to drive the expansion of its production capabilities and specialized material portfolio. 

Uniformity Labs appointed former General Motors executive Alan Batey as an advisor to its senior management team in 2022 to help deliver plans to scale up the company.

The company’s scaling initiative seemed to have been progressing well. Just last year, the Uniformity Labs launched a new UniFuse IN625 Nickel Alloy and optimized parameters for LPBF 3D printing at 60µm layer thicknesses at RAPID + TCT 2023.

This followed the release of the UniFuse AlSi10Mg Aluminum powder, and parameters for 50µm and 90µm layer LPBF 3D printing. The company’s new UniJet SS17-4PH Performance stainless steel powder for Desktop Metals Production System 3D printer was also launched in 2023.

Additionally, a March 2023 partnership extension with Tekna, a leading provider of advanced materials to industry, suggested positive growth into the production of sustainable materials. Through the collaboration, Tekna supplied an AlSi10Mg aluminum-based alloy to Uniformity for the production of new metal 3D printing powder.

At the time, Uniformity Labs CEO Adam Hopkins stated that the partnership reaffirmed demand for the company’s offering, stating that its material quality “matches with a wide range of industry requirements.”

However, the company’s last news update came back in September 2023, with the announcement that Sigma Additive CEO Jacob Brunsberg had joined its board as a non-executive director.   

The $10 million asset auction raises further questions about the company’s current financial position, suggesting that the Uniformity Labs may have ceased business activities. 

Top View of an ALD Atomizer, one of Uniformity Labs’ assets being auctioned. Photo via Tauber-Arons Inc. and Aaron Industrial Solutions.

3D printing assets for sale  

The Uniformity Labs auction mirrors a broader trend of asset sales in the 3D printing sector. A recent survey on 3D printing trends pointed out that business consolidations, as well as reductions in inventory and fixed assets, are consequences of obstacles within the industry.

Original source


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