{"id":192836,"date":"2022-12-13T00:00:00","date_gmt":"2022-12-13T00:00:00","guid":{"rendered":"https:\/\/facfox.com\/news\/amaero-and-rabdan-enter-am-and-powder-production-partnership-materials\/"},"modified":"2022-12-13T00:00:00","modified_gmt":"2022-12-13T00:00:00","slug":"amaero-and-rabdan-enter-am-and-powder-production-partnership-materials","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/amaero-and-rabdan-enter-am-and-powder-production-partnership-materials\/","title":{"rendered":"Amaero and Rabdan enter AM and powder production partnership Materials"},"content":{"rendered":"<p>According to NNR, Amaero International has signed a binding joint venture (JV) agreement with Rabdan Industries for additive manufacturing and metal powder production in Abu Dhabi, UAE.<\/p>\n<p>Rabdan is an affiliate of the diversified holding company Ethmar Holdings. The JV agreement outlines that Amaero and Rabdan will p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ner exclusively on additive manufacturing and metal powder production in the Middle East. In addition to this, the JV includes an ambitious strategy to develop projects in order to vertically integrate the titanium supply chain \u2013 including titanium sponge, melt, mill, and forge operations.<\/p>\n<p>The JV company, FALCON Advanced Metals, will be a 50\/50 p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>nership between the two companies and will operate as a holding company that controls and owns, directly and indirectly, subsidiaries that will undertake projects. The p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ners will contribute working capital on a pro-rata basis.<\/p>\n<p>Amaero will contribute goodwill, reputation, and expertise, and a&nbsp;licensing agreement is expected to be signed between FALCON and Amaero for IP and know-how in respect.<\/p>\n<div style=\"background-color: #eaeaea7a;padding: 15px 30px;align-items: center;border-radius: 4px;margin-top: 1em;margin-bottom: 1em\">\n<div style=\"flex: 1;padding-right: 30px\">\n<h4 style=\"margin-bottom: 14px\">Manufacturing on Demand<\/h4>\n<div>3D Printing with over 100 materials, shipping globally with competitive low cost, get quotes for your projects now!<\/div>\n<\/div>\n<p><a href=\"https:\/\/facfox.com\" target=\"_self\" rel=\"noopener noreferrer\" style=\"background-color: #0baee8;color: white;padding: 10px 20px;border-radius: 4px\"><i aria-hidden=\"true\" class=\"fa-fw auxicon auxicon-cloud-upload\"><\/i> Get Quote<\/a><\/div>\n<p>Rabdan will contribute local knowledge and relationships and has also committed to directly providing funding for capital expenditure at the project level and\/or to indirectly secure funding from Abu Dhabi-based strategic groups on a non-p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>icipating, non-equity basis. The specific terms for each project will be outlined in separate SPV agreements.<\/p>\n<p>The project under consideration by the JV company has a capital budget of A$300 million, and includes an Applied Engineering, Design and Commercialisation Centre; large format <a href=\"https:\/\/facfox.com\/service\/3d-printing-service\" target=\"_blank\" rel=\"noopener\">3D printing<\/a>; and large scale metal powder production that would include seven gas atomisers \u2013 four dedicated to titanium and three atomisers for aluminium, copper, and superalloys.<\/p>\n<p>Amaero expects to provide an update on the project, as well as capital commitments, in Q3 FY2023. FALCON has presented an integrated additive manufacturing and metal powder production project to the Tawazun Economic Council, as well as Tawazun Special Projects group. After numerous meetings, FALCON has received indications of strong support. Discussions continue to advance.<\/p>\n<p>\u201cAfter spending three months in the UAE and countless hours with our p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ners, I couldn\u2019t be more excited about embarking on the next chapter of Amaero\u2019s growth and development with Rabdan Industries. Our p<a href=\"https:\/\/facfox.com\/news\/topics\/art\" target=\"_blank\" rel=\"noopener\">art<\/a>ner brings deep knowledge and relationships in the UAE, as well as in the Kingdom of Saudi Arabia. Moreover, FALCON Advanced Metals\u2019 capabilities and growth strategy closely align with the UAE\u2019s priority economic and industrialisation initiatives,\u201d said Hank Holland, Chairman and CEO of Amaero.<\/p>\n<blockquote style=\"font-size: 16px;border-left: 4px solid #cdcdcd;border-radius: 4px;background-color: #f9f9f9;font-weight: 500;color: dimgrey\">\n<h5 style=\"margin-bottom: 6px\">You might also like:<\/h5>\n<p><a href=\"https:\/\/www.voxelmatters.com\/stratasys-and-3shape-partner-on-color-dental-models\/\" target=\"_blank\" rel=\"noopener\">Stratasys and 3Shape partner on color dental models: <\/a>\u201cIn dentistry, detailed attention to aesthetics is critical, but accurately matching tooth color, in particular, is tricky and time-consuming,\u201d said Rune Fisker, 3Shape Senior Vice President for Product Strategy. \u201cFor the first time, we\u2019re automating that entire workflow for customers using 3Shape and the J5 DentaJet printer. Dental labs will be able to easily harness the full capabilities of the only dental printer able to create highly realistic replicas of the patient\u2019s mouth from a TRIOS scan.\u201d<\/p><\/blockquote>\n<p style=\"font-size: 14px;color: grey\">* This article is reprinted from <a href=\"https:\/\/www.voxelmatters.com\/amaero-and-rabdan-enter-am-and-powder-production-partnership\/\" target=\"_blank\" rel=\"noopener\">3D Printing Media Network<\/a>. If you are involved in infringement, please contact us to delete it.<\/p>\n<p><i class=\"far fa-fw fa-user\"><\/i> Author:&nbsp;Edward Wakefield<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to NNR, Amaero International has signed a binding joint venture (JV) agreement with Rabdan Industries for additive manufacturing and metal powder production in Abu Dhabi, UAE.<\/p>\n","protected":false},"author":3,"featured_media":192837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[285],"tags":[4046,5081],"class_list":["post-192836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-acquisitions","tag-mergers-partnershipsmaterialsmetals"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - 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