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Press release Box-ID: 859364

SLM Solutions Group AG Estlandring 4 23560 Lübeck, Germany http://www.slm-solutions.com
Contact Mr Maximilian Breuer +49 611 20585522
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SLM Solutions Group AG

SLM Solutions Group AG: Multi-machine order from China

(PresseBox) ( Lübeck, )
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Major order signed for 10 SLM 500 multi-laser machines with total sales volume of up to EUR 12 million
Largest single order for SLM 500 machines to date
Important step to further grow the Chinese market

SLM Solutions Group AG ("SLM Solutions"), a leading supplier of metal-based additive manufacturing technology, has recently signed a contract for a multi-machine order for a total of 10 multi-laser machines of the SLM500 model. The systems are being marketed via a sales channel partner in China. This is the first order in this magnitude that SLM Solutions has received for the SLM 500 machine type.

Since its IPO, SLM Solutions has been pursuing the goal of further establishing itself in Asia and is already represented there with subsidiaries in Singapore, China and, since 2017, also in India. This major order is an important step for further growth in the region and is a proof for the high demand worldwide for additive manufacturing systems suited for professional industrial applications. The machines are to be delivered to a customer China and are to be accepted within the next 15 months.

The SLM 500 multi-laser machines comprise the largest machine type that SLM currently produces. The benefits of multi-laser technology for the customer derive especially from productivity due to simultaneous deployment of up to four lasers with maximum 700W output each, and the high quality of the parts produced. The machines' performance enables production costs per manufactured component to be optimised while at the same time offering freedom of geometric design.

Uwe Bögershausen, Management Board member of SLM Solutions Group AG, expressed his satisfaction: "This order supports our growth track. It is an important milestone for further tapping the extremely important Chinese market and underscores again the benefits of SLM Solutions' multi-laser technology."

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SLM Solutions Group AG

Lübeck-based SLM Solutions Group AG is a leading provider of metal-based additive manufacturing technology. The company's shares are traded in the Prime Standard of the Frankfurt Stock Exchange. The stock has been listed in the TecDAX index since March 21, 2016. SLM Solutions focuses on the development, assembly and sale of machines and integrated system solutions in the field of selective laser melting. SLM Solutions currently employs over 330 members of staff in Germany, the USA, Singapore, Russia, India and China. The products are utilised worldwide by customers in particular from the aerospace, energy, healthcare and automotive industries.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.