Aurora jumps on 3D print speeds

Shares in 3D printing firm Aurora Labs were up nearly 30 per cent today after the company said it had printed complex parts well above market average speeds using its large format technology.

The prints achieved a speed of 15.88 kilograms per day, with market research showing the standard speed to print titanium to be 1.96kg/day.

A complex part is a part that has a series of curves and internal structures normally considered difficult to manufacture using traditional printing methods.

“Possibly, more than any other step in Aurora Labs’ history, this one is the most important, as it proves out at a fundamental level the potential for this technology to revolutionise the metal manufacturing market,” managing director David Budge said.

“The nature of the large format technology and its ability to be scaled allows us to understand at this stage in the development cycle the potential for this technology to be able to print at our target rate of 1,000kg/day.

“The company expects to have the pre-production model of the printer ready for sale to one of its industry partners before the end of calendar year.

“Aurora will now focus on scaling the technology and increasing speeds to reach the targeted 1,000kg/day for its full-sized large format printer."

Aurora shares finished up 28.92 per cent at 54 cents each today.