Continuous Composites today announced that Saint-Gobain (EPA: SGO), a €38.1-billion-turnover French multinational manufacturer and distributor of high-performance materials invested in the company for the development and commercialization of Continuous Composites’ patented technology...Read Article
Continuous Composites today announced that Saint-Gobain (EPA: SGO), a €38.1-billion-turnover French 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. CF3D® is an industry agnostic automated solution comprised of configurable hardware, proprietary software, and tailorable materials solutions for strong, lightweight applications.
As one of the oldest companies in the world, 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 recognizes the incredible 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.”
“The investment by Saint-Gobain allows our team access to an extensive pool of resources and expertise across their eight research centers worldwide,” says 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.”