Canvas Category Machinery : Additive Manufacturing : Automotive
Divergent’s digital production system, the Divergent Adaptive Production System (DAPS™), radically transforms auto manufacturing economics and environmental impact using a data-driven approach for designing and building vehicle structures. Divergent has invented a complete manufacturing solution to address system level challenges. The Divergent Adaptive Production System (DAPS) is a complete software hardware solution designed to replace traditional vehicle manufacturing. To make the complex simple, it is a complete modular digital factory for complex structures. Given a set of digital requirements as input, the machine automatically computationally engineers, additively manufactures, and assembles any complex structure. The system is able to move seamlessly between manufacturing different vehicle models.
Hexagon AB invests $100m into Divergent Technologies
Divergent Technologies has received 100m USD in investment from software technologies leader Hexagon AB. A portion of Hexagon’s investment is subject to certain regulatory approvals. It follows the automotive tier 1 manufacturer’s 160m USD Series C funding round in April of last year. With this funding from Hexagon, Divergent is seeking to accelerate its plans to build a global network of DAPS factories, which will each serve multiple OEM clients.
Divergent Secures Up to $80M in New Financing for 3D Printed Car Operations
3D printed supercar startup Divergent Technologies announced that it has successfully completed two new financing agreements, for a total of up to $80 million. This follows the Southern California-based company’s $160 million Series C investment round, announced in April of this year.
This signals financial faith being shown not just in the AM sector, but, more broadly, in the technology’s ability to deliver wholly automated production lines. That has significance far beyond its implications for one company, as it is precisely what AM will have to display it can achieve, in order for the industry to scale up to the point where it is capable of handling mass production.
Divergent Has Raised $160 million to 3D Print the Cars of Tomorrow
Divergent successfully raised $160 million last week to continue creating automotive parts using additive manufacturing. The company has developed a software solution and automated assembly system, called Divergent Adaptive Production System (DAPS®), to design almost all the components of a car. The company has chosen SLM Solutions‘ NXG XII 600 machine as its 3D metal printer, and the funds raised should enable it to increase its manufacturing capacity and open new factories in the United States and Europe from 2024.