BENGALURU, India, February 24, 2015 /PRNewswire/ --
Creating Synergy between Aerospace and Additive Layer Manufacturing Expertise
Aequs, an emerging global player in aerospace manufacturing supply chain, has made a minority equity investment in the Farinia Group's Spartacus3D, an upcoming French company specializing in Additive Layer Manufacturing (ALM), more commonly known as 3D printing technology to the general public.
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"As cutting-edge manufacturing technology, ALM offers tremendous potential for creating new manufacturing capabilities and economies of scale and scope. ALM provides a means for creating complex, high-mix, and low-volume parts that would be impossible or cost prohibitive using traditional subtractive manufacturing techniques, such as machining," said Aravind Melligeri, Chairman and CEO of Aequs. "ALM's potential for reducing the cost of production changeovers and customization and for increasing the variety of products each unit of capital can produce, makes it a compelling innovation for the aerospace and defence (A&D) industry, which in contrast to other industries, is more reliant upon low volume production."
This partnership brings to market the combined aerospace manufacturing prowess of Aequs and technical ALM expertise of Spartacus3D to provide A&D industry customers new supply chain options unavailable elsewhere. "Both traditional subtractive manufacturing and ALM offer distinct advantages and disadvantages in manufacturing speed, scope, scale, capital intensity, and cost," said Aravind Melligeri. "By adding ALM to our already broad value chain capabilities - engineering, machining, forging, fabrication, surface treatment and assembly - we create greater manufacturing flexibility and cost effectiveness to serve the particular needs of each of our A&D customers."
The leaders of both Aequs and Farinia believe that the partnership will create synergy in aerospace manufacturing and accelerate further innovation in the aerospace supply chain. "We expect our partnership to advance the state-of-the-art in aerospace manufacturing and produce higher levels of customer customization, on-demand responsiveness, and product complexity at competitive costs," said Frédéric Guinot, CEO of Farinia Group. "We are excited about the possibilities."
Safran, the French-based international leader in aerospace, defence and security, welcomes the partnership. "We are very interested in the collaboration between Aequs and Farinia on Spartacus3D, because of its potential for producing enhanced manufacturing capabilities and favourable supply chain economics," said Xavier Dessemond, Vice President of Purchasing for Safran.
This is not the first partnership between Farinia and Aequs. Aequs and Farinia already operate the SQuAD Forging Private Limited joint-venture together with Aubert & Duval as part of the Aequs precision engineering ecosystem located inside the Aequs Special Economic Zone (SEZ) in Belagavi, Karnataka.
About Spartacus3D
A member of the Farinia Group, Spartacus3D is an upcoming player in Additive Layer Manufacturing (ALM), employing collaborative engineering to maximize the potential value of additive manufacturing for its customers. Spartacus3D manufactures optimized and complicated aerospace and automotive shapes with high-quality metal powder through Direct Metal Laser Sintering. In this process, thermal energy is applied precisely on selective regions of powder bed to bind the material to produce components meeting industry-leading standards for surface finish, size accuracy, shape complexity and performance reliability. Spartacus3D combines world-class talent, technology, and partners to provide its customers the highest quality metal additive manufacturing.
More information is available at: http://www.spartacus3d.com
About Aequs
Aequs specializes in engineering, machining, sheet metal fabrication, assembly, forging, and special processing for the aerospace, automotive, and oil & gas industries. Customers include Airbus, UTAS, Eaton, Baker Hughes, Halliburton, and Bosch.
The Aequs manufacturing facilities are located in Belagavi, Bengaluru, and Houston. The Belagavi facilities are located in Aequs SEZ, India's first precision engineering special economic zone. Aequs SEZ has developed into an integrated aerospace manufacturing ecosystem that houses several interrelated capabilities that are either unavailable in India or are difficult to come by in one location.
More information is available at: http://www.aequs.com
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