Le Gouvernement du Grand-Duché du Luxembourg

AM 4 AM raises 1.3 million € to boost the production of high-performance metal powders for 3D printing

AM 4 AM, a rapidly expanding materials supplier specializing in metal powders for 3D printing, announced on October 22 the successful completion of a €1.3 million Seed funding round.

AM 4 AM AM 4 AM
04/11/2024

This financing was led by Luxembourg Space Sector Development, EIT Raw Materials, and further supported by the "Young Innovative Enterprise" initiative from the Ministry of Economy of Luxembourg. This significant investment will enable AM 4 AM to expand its facilities and enhance its production and product development capabilities.

This 1.3 million € Seed round marks a significant milestone in AM 4 AM's journey to becoming a key player in the 3D printing industry. The new funds will be directed towards expanding the company's market reach, increasing production capacity, and exploring new markets with advanced material offerings. This expansion is aimed at meeting the growing demand for high-performance metal powders in the 3D printing industry.

With this funding, AM 4 AM is entering a new phase in its development. The future infrastructures we will put in place will allow us to enhance production capacity, broaden our product portfolio, and accelerate our innovation efforts.” Maxime Delmée, CEO of AM 4 AM

He further highlighted the industry’s current challenges: “The 3D printing market is expanding rapidly, yet there remains a shortage of suitable metal materials. With HiperAL, our high-performance aluminum, we've demonstrated a groundbreaking ability to provide metals with the required properties, meeting the demands of this growing sector.”

Supported by the ecosystem

Founded in 2019 by Maxime Delmée, AM 4 AM has pioneered an innovative technology for powder modification using cold plasma. This technology enhances the properties of materials when 3D printed, with the company's flagship product, HiperAL, being one of the strongest aluminum alloys available on the market. This innovation positions AM 4 AM as a leader in addressing material limitations that currently hinder the industry.

The company’s growth story is closely tied to Luxembourg’s supportive business ecosystem. 

It's a real pleasure to see AM 4 AM continuing to grow and succeed from Luxembourg! After taking part in Fit 4 Start in 2022, the company continued its successful development from the Technoport in Foetz. Now, by leveraging the Young Innovative Enterprise scheme, AM 4 AM is set to expand and scale its operations internationally.” Sven Baltes, Manager of start-up relations at Luxinnovation

Moreover, the Luxembourg Space Sector Development Fund, under the oversight of the Luxembourg government and satellite connectivity solutions provider SES, is one of the key contributors to AM 4 AM's latest funding round.

Their investment aligns with the Fund’s mission to bolster Luxembourg's space ecosystem. AM 4 AM’s patented processes are particularly suited for the additive manufacturing of space components, making their materials highly attractive for space applications, where high-performance metal powders are in increasing demand.

High-quality metal powders as a key element for 3D printing

As the 3D printing market continues to expand, the need for high-quality metal powders has become increasingly critical. AM 4 AM's unique offerings, such as HiperAL, provide solutions to the current limitations in metal materials, delivering superior performance for various applications.

Speaking about the investment, Bernd Schäfer, CEO and Managing Director of EIT RawMaterials, said, “Companies like AM 4 AM who work on advancing raw materials play a crucial role in the future of the European economy and its sustainability. EIT RawMaterials’ focus on innovation and AM4 AM’s mission show perfect synergies, and I’m excited that we are part of this journey.” Bernd Schäfer, CEO, Managing Director, EIT RawMaterials.

AM 4 AM plans to significantly scale its production capacity and enhance its development capabilities by the installment of a complete powder development platform in its facility by the end of the year. This expansion will support the company's growth trajectory and enable it to meet the increasing demand for high-performance materials.

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