Intech Additive Solutions Pvt Ltd. has announced bagging multiple orders in the last quarter of the FY ending 31st March, 2021 worth US$ 2 million for its ‘Made in India’ Metal AM systems.
It claims to be the first Indian OEM which has been successful in developing and supplying 3D metal printers based on laser powder bed fusion technology (LPBF) for industrial manufacturing.
Intech, which is having its facility in Bengaluru, has been successful in indigenously develop, manufacture, and sell its ‘iFusion’ series of Metal AM systems, along with its Build Processing software AMBuilder and parameter optimization software AMOptoMet – both developed in-house.
Intech’s multiple orders worth US$ 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. They are 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.
“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 have been well accepted and garnering increasing acclaim day by day as a better alternative to extremely expensive imported AM systems ”said Sridhar Balaram, CEO of Intech.
He said the positive results of Q4′ 20-21 has prompted the company to accelerate its 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.