Boston-based NVBOTS began the year by announcing some pretty big news for what was thought to be a desktop 3D printing company. The makers of the semi-automated NVPro 3D printer had revealed that they’d been working on a multi-metal 3D printer. The details about the technology were sparse, other than that it was not a powderbed technology and that it was far cheaper than those technologies. Today, the company made another important announcement that lends further credence to their technology: MIT Mechanical Engineering faculty member and tech executive Dr. Michael Foley has joined the company’s Board of Directors.
NVBOTS CEO AJ Perez says of the new member of the Board, “NVBOTS continues to gain considerable traction in offering enterprise 3D printing solutions, unlike anything else on the market. Based on our current trajectory and multi-metal 3D printing focus, Michael is a tremendous asset to NVBOTS, given his deep manufacturing and engineering expertise. His insights are invaluable.”
Dr. Foley, a well-respected engineer with 30 years of experience, has played an important role in the manufacturing and investment world. He previously served as the CEO of Reflexite Corporation, overseeing the production of reflective materials and energy saving optical components, before it was sold to German-based Orafol. Prior to that, Dr. Foley was the Group VP and GM for the Laboratory Products Group of Life Sciences International, which was then acquired by Thermo Instruments. He has also held important roles at Bausch + Lomb, as well as Draper Labs. Currently, Dr. Foley acts as Operating Advisor with Artemis Capital Partners, Executive Advisor to Corning Incorporated, and is an investor in and Board member of companies like Hypertherm, Adcole, and others.
Dr. Foley said of the new appointment, “Driven by an extraordinary team of innovators and entrepreneurs, NVBOTS is breaking new ground in multi-metal 3D printing through being the only company able to print multiple metals in the same build and at high speed. The NVBOTS team is passionate about making a difference in the world through 3D printing, and I am proud to partner with them as we embark on their next phase of growth.”
In our previous article on NVBOTS multi-metal printing technology, a couple of readers were skeptical about the ability and practicality of such a process. The addition of Dr. Foley to the board, given his background in engineering and his business history, should help put to rest some of this speculation.
Correction 2/10/16: We previously posted a picture of the wrong Michael Foley and have since updated with the correct individual.
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