Saint-Gobain invests in Continuous Composites for CF3D commercialization
Strategic investment is an initiative of NOVA, Saint-Gobain’s venture arm, to pursue Continuous Fiber 3D Printing growth.
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Continuous Composites (Coeur d'Alene, Idaho, U.S.) announced on March 17 that Saint-Gobain (Courbevoie, France), a multinational manufacturer and distributor of high-performance materials invested in the company for the development and commercialization of Continuous Composites’ patented technology, Continuous Fiber 3D Printing (CF3D). In parallel to the investment, the two companies executed a joint development agreement for the commercialization of CF3D.
CF3D combines high performance continuous fiber with rapid curing thermoset resins to enable affordable manufacturing of complex composite structures. Continuous Composites says CF3D is an industry agnostic automated solution comprised of configurable hardware, proprietary software and tailorable materials solutions for strong, lightweight applications.
“Saint-Gobain recognizes the opportunity and the potential of Continuous Composites’ CF3D technology,” says Minas Apelian, vice president of Internal and External Venturing, Saint-Gobain. “This partnership will bring innovative solutions to our customers and we are excited to take this strategic step with the Continuous Composites team.”
Saint-Gobain has a rich history of adapting to market changes spurred by technology advancements and industry shifts said to span more than 350 years. As a pioneer of innovation, Saint-Gobain says it 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.
“The investment by Saint-Gobain allows our team access to an extensive pool of resources and expertise across their eight research centers worldwide,” adds Tyler Alvarado, Continuous Composites CEO. “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.”
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