GE Additive and Oerlikon Sign MoU for Additive Manufacturing Collaboration

PARIS–(BUSINESS WIRE)–GE Additive (NYSE: GE), Concept Laser and Arcam AB have signed a
Memorandum of Understanding (MoU) with Oerlikon of Switzerland to
collaborate on accelerating the industrialization of additive
manufacturing.

The agreement includes the provision of additive machines and services
to Oerlikon, while Oerlikon becomes a preferred component manufacturer
and materials supplier to GE Additive and its affiliated companies.

Further, GE and Oerlikon will collaborate on additive machine and
materials research and development over the five-year period of the
agreement. The MoU was announced at the Paris Air Show.

“GE Additive and Oerlikon both understand the transformative power of
additive manufacturing,” said Mohammad Ehteshami, vice president and
general manager of GE Additive. “This is further proof that the adoption
rate of additive is growing rapidly and we’re proud to partner with
Oerlikon.”

Among the agreements in the MoU:

  • GE Additive and its affiliated companies will be preferred suppliers
    of additive manufacturing machines to Oerlikon.
  • Oerlikon will become a GE Additive preferred component manufacturer
    and a materials supplier to GE Additive and its affiliated companies.
  • Oerlikon and GE Additive will collaborate on machine and materials R&D.

“Developing innovative technology is key to our growth strategy,” said
Dr. Roland Fischer, CEO of Oerlikon. “We look forward to partnering with
GE Additive, Concept Laser and Arcam on innovative materials and
machines which will strengthen our position in additive manufacturing,
and allows us to meet the growing demand for additive components in a
variety of industries.”

Additive manufacturing (also called 3D printing) involves taking digital
designs from computer aided design (CAD) software, and building them on
an additive machine, layer by layer from metal powder. Additive
components are typically lighter, more durable and more efficient than
traditional casting and forged parts because they can be made as one
piece, requiring less welds, joints and assembly. Because additive parts
are essentially “grown” from the ground up, they generate far less waste
material. Freed of traditional manufacturing restrictions, additive
manufacturing dramatically expands the design possibilities for
engineers.

For many years, GE has been a leading end user and innovator in the
additive manufacturing space. In addition to the $1.4 billion investment
in Concept Laser and Arcam, GE has also invested approximately $1.5
billion in manufacturing and additive technologies over the past 10
years, developed additive applications across six GE businesses, created
new services applications across the company, and earned 346 patents in
material science. In 2016, the company established GE Additive to become
a leading supplier of additive technology, materials and services for
industries and businesses worldwide.

Oerlikon is an additive manufacturing market leader with deep expertise
in advanced materials, production, post processing, and surface
solutions. Leveraging its global service network and strong customer
relationships across many industries, Oerlikon is well positioned to
drive the industrialization of additive manufacturing as an integrated
materials and service provider.

In 2016, Oerlikon acquired Citim GMBH to complement its additive
production capabilities in Europe and the USA. Oerlikon is also building
a state-of-the-art additive manufacturing powder production facility in
Plymouth, Michigan (USA); a state-of-the-art R&D and production facility
in Charlotte, North Carolina (USA), and a world-class R&D and innovation
center in Munich, Germany.

About GE Additive

GE Additive is part of GE (NYSE: GE) – the world’s Digital Industrial
Company, transforming industry with software-defined machines and
solutions that are connected, responsive and predictive. GE Additive
includes additive machine providers Concept Laser and Arcam EBM; along
with additive material provider AP&C and additive service provider to
the medical industry, DTI. As a notable user of additive technologies GE
recognize the value and potential it brings to modern design and
manufacturing. GE is organized around a global exchange of knowledge,
the “GE Store,” through which each business shares and accesses the same
technology, resources and intellect. GE delivers better outcomes for
customers by speaking the language of industry. www.geadditive.com

About Oerlikon

Oerlikon (SIX: OERL) is a leading global technology group with a clear
strategy to become a global leader in surface solutions, advanced
materials and materials processing. Backed by the key ability to
intelligently engineer and process surface solutions and advanced
materials, the group is committed to invest in technologies that provide
customers with lighter, more durable and efficient, and environmentally
sustainable products. A Swiss company with over 100 years of tradition,
Oerlikon has a global footprint of over 13,500 employees at more than
180 locations in 37 countries and sales of CHF 2.3 billion in 2016. The
company invested CHF 94 million in R&D in 2016 and has over 1,000
specialists developing innovative and customer-oriented products and
services.

Contacts

Rick Kennedy, GE Communications
01-513-607-0609
Email: Rick.L.Kennedy@ge.com