American information technology company, HP is set to cut the cost of 3D printing with its new polymer technology.
The company announced this in a press release on 19 November. HP said polymer 3D printing focuses on scalable, cost-effective, sustainable solutions for every stage of production.
With these solutions, the company seeks to accelerate adoption of its technology across diverse applications.
Reducing cost of manufacturing
At the heart of this new innovation is the quest to reduce the cost of manufacturing. This would eventually lead to easy scaling of production and make 3D printing more affordable for consumers.
The new technology brings significant cost reduction with new cost strategies and product offering that optimize material use, operational efficiency, and production yield to make parts manufacturing cheaper.
In addition, the company has introduced HP 3D HR PA 12 FR, a new halogen-free, flame-retardant material for 3D printing, produced using renewable energy. The HP 3D Build Optimizer, is another product that supports the cost reduction goal of HP.
Commenting on it, Ken Burns, VP of Commercial at Forecast 3D said:
“As an early customer, Forecast 3D expects a 20% savings in total build costs with the HP Build Optimizer’s unique nesting rules for MJF. In addition to these total build cost savings, we anticipate a 21% improvement in printer utilization with the HP Build Optimizer’s ability to increase packing density and parts per build.”
Strategic partnerships
In addition to its innovation, HP has entered some strategic partnerships to help it reach its goal of making 3D printing more affordable.
It is working with ArcelorMittal, a leader in sustainable steel production to advance 3D printing across industrial sectors like automotive. The company is also working with Eaton to support testing and validation of significant advancements in its Metal Jet 3D printing solution.
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