{"id":68643,"date":"2019-07-29T13:12:52","date_gmt":"2019-07-29T05:12:52","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/slm-solutions-announces-largest-single-contract-in-the-history-of-company.3dm"},"modified":"2019-07-29T13:12:52","modified_gmt":"2019-07-29T05:12:52","slug":"slm-solutions-announces-largest-single-contract-in-the-history-of-company","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/slm-solutions-announces-largest-single-contract-in-the-history-of-company\/","title":{"rendered":"SLM Solutions announces largest single contract in the history of company"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">109<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">80<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">29<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">SLM Solutions Group AG, has received an order worth up <\/span><span style=\"font-weight: 400;\">\u20ac<\/span><span style=\"font-weight: 400;\">43 million ($52M USD). The deal is for 50 machines from the SLM 280 series of metal additive manufacturing machines. The contract will be fulfilled over multi-year period spanning 2017 &#8211; 2020. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The contract is an important landmark in the Lubeck, Germany based company\u2019s ongoing development of the Asian market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As <\/span><span style=\"font-weight: 400;\">previously reported in June 2017<\/span><span style=\"font-weight: 400;\">, SLM Solutions announced the sale of <\/span><span style=\"font-weight: 400;\">10 SLM 500 series multi-laser metal additive manufacturing machines to an unnamed customer in China. That deal, valued at $13 million, will be fulfilled over a period of 15 months. Based on this information the price of an SLM 500 series is an average $1.3 million per unit.<\/span><\/p>\n<p><b>Deal doubles number of machines sold in first half of 2017<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The income range from the latest deal prices the SLM 280 series at an average of SLM Solutions reports a potential range of income from <\/span><span style=\"font-weight: 400;\">\u20ac28M to \u20ac43M. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company explains, \u201cThe total sum depends on individual requirements of the customer for each individual machine. The customer has the possibility to call up different versions of SLM 280 machines from the framework contract (for example single-laser or multi-laser machines). Depending on the configuration there are price differences between the individual machines.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The SLM 280, specifically the multi-laser machine, is the best selling of all the SLM Solutions range. In the multi-laser version, up to two lasers with a maximum 700 watt output can be used, depending on the options selected by the customer. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">To put the deal in context in the first half-year 2017 SLM Solutions sold 26 SLM 280 machines, 65% of the total number of machines sold in H1\/2017. For the previous financial year of 2016 SLM Solutions sold 65 SLM 280 machines 55% of the total number of machines sold in 2016.<\/span><\/p>\n<figure id=\"attachment_96009\" style=\"width: 1019px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-96009\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion.png\" alt=\"SLM Solutions Metal 3D Printed Scorpion. Photo by Michael Petch.\" width=\"1019\" height=\"761\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion.png 1019w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion-770x575.png 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion-200x149.png 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion-500x373.png 500w\" sizes=\"(max-width: 1019px) 100vw, 1019px\" \/><figcaption class=\"wp-caption-text\">SLM Solutions Metal 3D Printed Scorpion. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><b>Developing a long-term customer base<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The additive manufacturing systems will be sold by a local sales partner based in China. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uwe B\u00f6gershausen, board member, said, \u201cThis contract shows that we are absolutely right in focusing on developing long-term customer relationships and underpins our long-term growth trajectory as an independent German company. The order also underlines the high suitability of SLM\u2019s machines for the industrial production of parts in high quality.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can <\/span><span style=\"font-weight: 400;\">read more about the long-term vision of SLM Solutions<\/span><span style=\"font-weight: 400;\"> in this article for  Industry from <\/span><i><span style=\"font-weight: 400;\">Richard Grylls, Technical Director, NA at <\/span><\/i><i><span style=\"font-weight: 400;\">SLM Solutions<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">For all the latest 3D printing news <\/span><\/i><i><span style=\"font-weight: 400;\">subscribe to our free 3D printing newsletter<\/span><\/i><i><span style=\"font-weight: 400;\">. If you want to join the conversation then <\/span><\/i><i><span style=\"font-weight: 400;\">follow the most popular<\/span><\/i><i><span style=\"font-weight: 400;\"> social media accounts in the <\/span><\/i><i><span style=\"font-weight: 400;\">3D printing industry<\/span><\/i><i><span style=\"font-weight: 400;\">.<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>109shares 80 29 0 SLM Solutions Group AG, has received an order worth up \u20ac43 million ($52M USD). The deal is for 50 machines from the SLM 280 series of metal additive manufacturing machines. The contract will be fulfilled over multi-year period spanning 2017 &#8211; 2020. The contract is an important landmark in the Lubeck, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182628,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2016\/09\/SLM-Solutions-3D-Metal-Scorpion.png","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>SLM Solutions announces largest single contract in the history of company - FacFox News<\/title>\n<meta name=\"description\" content=\"109shares80290SLM Solutions Group AG, has received an order worth up \u20ac43 million ($52M USD). 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