SLM Solutions Group AG: Signing of a long-term cooperation agreement with a multi-machine order

• Signing of a cooperation agreement with BeamIT, Italy, a leading service office for the automotive, biomedical, aeronautic and aerospace industry
• Part of the cooperation agreement: letter of intent for the purchase of 15 multi-laser machines over the period through to December 31, 2019

Lübeck, June 19, 2017 – SLM Solutions Group AG (“SLM Solutions”), a leading supplier of metal-based additive manufacturing technology, recently signed a long-term agreement with BeamIT S.p.a., Fornovo di Taro, Italy. BeamIT is one of the leading contract manufacturers of the automotive, biomedical, aeronautic and aerospace industry in Italy and already has SLM Solutions machines in use. The cooperation agreement also includes a letter of intent for the purchase of further 15 SLM Solutions multi-laser machines till December 31, 2019: ten SLM 280 2.0 machines as well as five SLM 500 machines equipped with a quad laser system.

The cooperation between SLM Solutions and BeamIT concerns the joint development and testing of various parameters for setting the machines when using various metal powders. Uwe Bögershausen, CFO of SLM Solutions Group AG: “We have been working very closely with BeamIT for some years now. Italy is a market with huge potential and we are greatly looking forward to stepping up this cooperation.”

“We have been using the machines of the SLM Solutions Group for some time now and find the quality and the advantages of the multi-laser technology compelling, especially regarding productivity, build-part-costs and the high quality of parts. SLM Solutions systems play a very important role for us in further optimizing our productivity and the build-part-costs,” says Mauro Antolotti, founder and President of BeamIT S.p.a.

The signing of the cooperation agreement represents an important step for SLM Solutions toward leveraging the opportunities that arise from the growing use of additive manufacturing technology in the automotive as well as biomedical, aeronautic and aerospace sectors.

About the company:
Lübeck-based SLM Solutions Group AG is a leading provider of metal-based additive manufacturing technology. The company’s shares are traded in the Prime Standard of the Frankfurt Stock Exchange. The stock has been listed in the TecDAX index since March 21, 2016. SLM Solutions focuses on the development, assembly and sale of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 330 members of staff in Germany, the USA, Singapore, Russia, India and China. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries.