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Aurora Labs aims to transform how metal parts and products are manufactured

The company plans to bring a new high-speed, mass production printer to market this year.
Rapid Manufacturing Technology (RMT) machine
This machine is in its final stages of development

Aurora Labs Ltd (ASX:A3D), an emerging player in the 3D printing industry, held its annual general meeting (AGM) for shareholders today.

The company used the AGM as an opportunity to draw attention to the upcoming release of what it believes to be industry-changing manufacturing technology.

Speaking at the Formnext conference earlier this month Aurora’s CEO David Budget said: “We’re obviously a 3D printing company, we specialise in printers, powders, and what we call digital rights certification management.”

Two primary problems in the 3D printing market

“When we first looked at 3D printing as a market, we realised that there were two primary problems with the process that we understood.

“The first one was that the machines were enormously expensive and the second one was that they were very very slow.”

Two potential solutions

“We realised that there were potentially two solutions to this problem, one is to manufacture a machine that’s a lower cost machine, the other is to manufacture a machine that’s very very fast and so we’ve done both.”

Budge talks rapid manufacturing technology (RMT) range

Aurora had on display at the conference its S-Titanium Pro small format printer, which is a lower-cost printer targeting the university and institutional market.

More importantly, it also had on display, the first machine, which is still in the development phase, from its rapid manufacturing technology (RMT) range.

Budge went on to say that Aurora was looking to bring the first RMT machine to market by the end of this year.

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Aurora Labs Ltd Timeline

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