vjet isin us92912l1070 founded 1999 headquarters friedberg bavaria germany area served worldwide key people dr. ingo ederer ceo rudolf franz coo cfo 1 revenue 24.06 million 2015 2 number of employees 250 10.14.2015 3 website www.voxeljet.com voxeljet ag which is based in friedberg bayern near augsburg germany is a manufacturer of industrial 3d printing systems . the company has been listed on the new york stock exchange since its ipo in the year 2013 . 4 5 besides the development and distribution of printing systems voxeljet ag also operates service centers for the on demand manufacture of molds and models for metal casting in germany and abroad . these products are manufactured with the help of a generative production method based on 3d cad data also referred to as 3d printing . contents 1 history 1.1 beginnings 1.2 formation of the company 1.3 establishment phase 1.4 growth phase 1.5 ipo 1.6 globalization 2 technology and process 2.1 process 2.2 application area 2.3 materials 3 3d printing systems 4 see also 5 references history edit beginnings edit voxeljet ag traces its roots back to the year 1995 with the first successful drop dosing of uv adhesives . the first 3d printing trials were conducted at the precision engineering department of the technical university munich as part of the generation of 3d structures project . in 1996 dr. ingo ederer participated in the first munich business plan competition and was awarded his first patent in 1998 . the first sand molds were printed in the same year . 6 formation of the company edit generis gmbh the predecessor of today s voxeljet ag was founded on 5 may 1999 by ingo ederer rainer h chsmann and engineer joachim heinzl at munich s technical university . 7 the purpose of the company was the development of new generative processes for the production of cast and plastic components . 8 the company started its operations at technical university munich with four employees . shortly afterwards it refurbished and relocated into the premises in augsburg . 6 in the year 2002 the company completed its first orders for the delivery of sand based printers to bmw ag and daimler ag before opening the service center in augsburg in the year 2003 . in the same year bayern kapital gmbh 9 the startkapital fonds augsburg and franz industriebeteiligungen ag 10 joined as new shareholders . establishment phase edit the first vx800 system was sold to alphaform ag in 2005 . 6 this was followed by the sale of the first vx500 to the university of rostock two years later . 11 in 2008 voxeljet technology gmbh received an award as part of the bavarian innovation prize from the hands of bavarian premier g nther beckstein . 12 the company celebrated its 10 year anniversary one year later . voxeljet friedberg in the spring of 2010 voxeljet moved into a new administration building and production halls in friedberg . during the same year voxeljet was added to the list of germany s top 100 innovators and received the top 100 seal of approval . 13 growth phase edit in the year 2011 voxeljet introduced a series of technical innovations . in april 2011 the company opened up a new dimension of generative production methods with the vx4000 3d printing system . 14 this system makes it possible to produce objects with a size of 4 x 2 x 1 meters at a build speed that is up to three times faster than earlier systems while maintaining the same resolution . 15 at the international trade fair for foundry technologies gifa voxeljet introduced the world s first continuous 3d printer the vxc800 . 16 the development of this continuous 3d printing technology represented the manufacturing of molds and models without tools . this machine generation runs the process steps building and unpacking in parallel without having to interrupt system operations . therefore this printing system represents an important step towards industrial series production on the basis of a generative production process . in the same year voxeljet celebrated the global premiere of its 3d printer vx1000 at euromold the trade fair for tooling and mold making design and product development in frankfurt am main . 17 by combining high performance and a large build space this printing system was able to meet the growing requirements of industry . 18 in addition to these system innovations the company also presented the newly developed material system polypor type c in the year 2011 . it allows voxeljet to meet customer demand for pure white plastic models . moreover this material also satisfies higher requirements regarding the stability and surface properties of the models . 19 a year later in 2012 the first vx1000 printing system was sold to the british company propshop model makers ltd. . it was the fifth voxeljet system that was in use in the united kingdom . the movie industry opened a completely new customer market for voxeljet . 20 in the year 2012 voxeljet introduced its smallest system the vx200 to the market . 21 this printing system uses the same method as the larger series but is very compact and easy to operate . 22 ipo edit in the year 2013 the company went ahead with its ipo on the new york stock exchange . 23 to this end voxeljet technology gmbh was converted into a stock corporation that now operates as voxeljet ag . on 17 october 2013 voxeljet placed 6.5 million ads on the nyse at an issue price of us 13 . 5 24 five american depositary receipt corresponded to one share . 25 the ipo enabled voxeljet ag to take in us 64.5 million after deduction of the price discount granted to the issuing banks and issue costs . 26 six months after the ipo voxeljet ag generated another us 41.1 million as part of a capital increase after deduction of the price discount granted to the issuing banks and issue costs . in the process the company issued another three million american depositary shares at the new york stock exchange at a unit price of us 15 . 6 25 globalization edit voxeljet canton to add to its global network of sales partners voxeljet ag began to set up its own international locations in the year 2014 . on 1 october 2014 voxeljet ag took over the british company propshop model makers ltd. thus establishing its first location outside germany . with the takeover propshop became a wholly owned subsidiary of voxeljet ag . the company which specializes in the film and entertainment industry had already gained experience with voxeljet printing systems when it purchased the vx1000 in the year 2012 . 6 27 28 in the same year voxeljet ag founded a new company in the usa . in january 2015 voxeljet began to operate a service center for the on demand production of molds and models in canton michigan with the goal of reaching a printing capacity similar to the capacity at the home location in friedberg by the end of 2016 . 6 29 in december 2015 voxeljet announced a joint venture with suzhou meimai fast manufacturing technology in china . the joint venture shall be called voxeljet china ltd. and will be headquartered in the city of suzhou near shanghai . at the same time voxeljet ag established voxeljet india pvt. ltd. the new subsidiary is located in pune a large automotive and manufacturing center near mumbai . 30 31 technology and process edit process edit portrayal of 3d printing processes of voxeljet printing systems the technology was first developed at the massachusetts institute of technology in 1993 and is generally known as the powder bed and inkjet head 3d printing . as usual in the additive manufacturing processes the part to be printed is built up from many thin cross sections of the 3d model . an inkjet print head moves across a bed of powder simultaneously putting down a liquid binding material . after that a thin layer of powder is extended across the completed section and the process is repeated several times with each layer adhering to the last . 32 application area edit the voxeljet process is particularly well suited for the production of molds or models for metal casting applications in small series such as prototypes individual parts props investment casting or sand casting . in addition the method is used for design samples art and architecture components as well as in the aviation and aerospace industry automotive industry research and medicine and in the film and entertainment industry . materials edit voxeljet offers two plastic materials polymethylmethacrylat pmma . polypor b available as a voxeljet service and for system customers in europe is ideal for parts that are true to detail and which require a high degree of edge sharpness resolution and green compact strength . polypor c on the other hand lends itself to simplified burn out processes in investment casting and for architectural models . the sand types are selected individually for each order depending on the geometry and application purpose . voxeljet uses different sands with different granulations . the grain size that is used will decide the surface finish of the cast result . the most commonly used sand is made of quartz and is available in the granulations 0.14 mm 0.19 mm and 0.25 mm . also offered is the more temperature resistant kerphalite sand which is suited for especially complex geometries and internal cores for steel casting . 3d printing systems edit image model material class build space dimensions specifications features voxeljet vx200 vx200 sand pmma 300 mm x 200 mm x 150 mm for universities and research laboratories professional application for design pieces and prototypes no additional equipment necessary build speed 12mm h 0 7 l h piezo print head system print resolution 300 dpi suitable for all voxeljet particulate materials 33 voxeljet vx500 vx500 sand pmma pdb 500 mm x 400 mm x 300 mm compact entry into industrial 3d printing unprinted particle material is recyclable layer thickness of 80 m and resolution of 600 dpi effective and continuous operation through rugged design and high quality components right choice for the rapid and economical manufacture of prototypes and small series suitable for all voxeljet particulate materials 34 voxeljet vxc800 vxc800 sand 850 mm x 500 mm x continuously working 3d printer simultaneous building and unpacking without interrupting the operations printing process on a horizontally tilted plane horizontal belt conveyor layer thickness of 300 m high definition voxeljet print head with a resolution of 600 dpi 35 voxeljet vx1000 vx1000 sand pmma pdb 1060 mm x 600 mm x 500 mm high performance machine high performance print head with a resolution of up to 600 dpi environmentally friendly process due to compatibility with inorganic binder ability to print molds with complex geometries and undercuts effective continuous operations due to rugged design and high quality components suitable for all voxeljet particulate materials 36 voxeljet vx2000 vx2000 sand pdb 2000 mm x 1000 mm x 1000 mm fast and economical manufacturing of large components and small batches open source material options integrated material handling system industrial 3d printer for 24 7 usage efficient operation through rugged design and high quality components 37 voxeljet vx4000 vx4000 sand 4000 mm x 2000 mm x 1000 mm one of the largest 3d printing systems worldwide continuous operation with multiple building platforms variable use of build space for individual applications fast and economical manufacture of large components and batches 38 see also edit list of 3d printer manufacturers references edit unternehmen vorstand . voxeljet ag . retrieved 2015 03 16 . voxeljet ag reports financial results for the fourth quarter and full year ended . www.voxeljet.com . retrieved 2015 12 31 . voxeljet expandiert und schafft jobs . www .3 d grenzenlos.de . retrieved 2015 10 14 . bilanz aus 16 jahren m nchener businessplan wettbewerb . united