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French company Saint-Gobain invests in US' Continuous Composites

24
Mar '21
Pic: Continuous Composites
Pic: Continuous Composites
Saint-Gobain, a French multinational manufacturer and distributor of high-performance materials has made investments in Continuous Composites for development and commercialisation of Continuous Composites’ patented technology, Continuous Fibre 3D Printing (CF3D). The technology enables affordable manufacturing of complex composite structures.

In parallel to the investment, the two companies executed a joint development agreement for the commercialisation of CF3D.

CF3D combines high performance continuous fibre with rapid curing thermoset resins to enable affordable manufacturing of complex composite structures. CF3D is an industry agnostic automated solution comprising configurable hardware, proprietary software, and tailorable materials solutions for strong, lightweight applications.

As one of the oldest companies in the world, €38.1-billion-turnover Saint-Gobain has a rich history of adapting to market changes spurred by technology advancements and industry shifts spanning over 350 years. As a pioneer of innovation, Saint-Gobain delivers high value solutions across many industrial markets. This strategic investment is an initiative of Nova, the external ventures arm of Saint-Gobain, which connects startups with the company’s resources to nurture their ideas and grow their companies to scale.

“Saint-Gobain recognises the incredible opportunity and the potential of Continuous Composites’ CF3D technology,” Minas Apelian, vice president of Internal and external venturing, Saint-Gobain, said in a press release. “This partnership will bring innovative solutions to our customers and we are excited to take this strategic step with the Continuous Composites team.”

“The investment by Saint-Gobain allows our team access to an extensive pool of resources and expertise across their eight research centres worldwide,” Tyler Alvarado, Continuous Composites CEO said. “We are proud to be a portfolio company of Nova by Saint-Gobain and together we are establishing CF3D as a foundational technology in the AM 2.0 industry.”

Fibre2Fashion News Desk (SV)

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