Oxford Performance Materials Inc. (OPM) founder and CEO Scott DeFelice participated in a panel discussion titled “From Prototyping to High Performance Additive Manufacturing” at the Piper Jaffray Technology, Media & Telecommunications Conference today in New York City.
Moderated by Piper Jaffray managing director and senior research analyst Troy Jensen, the panel discussed the shift underway in the 3D printing industry from consumer applications and rapid prototyping to High Performance Additive Manufacturing (HPAM™), a term coined by OPM to describe 3D printing that enables the manufacture of fully functional parts capable of replacing those made using traditional manufacturing techniques, delivering improved performance and superior economics.
DeFelice highlighted the principle differences between rapid prototyping and HPAM in areas such as the manufacturing value chain, vertical markets served and the impact on business models. He also provided perspective on the role of performance data and quantification for end-use parts produced by HPAM and how HPAM customers ascertain value. Companies that are successful in penetrating large, high performance additive manufacturing markets such as aerospace, biomedical, semiconductor, energy, and automotive are able to establish strong barriers to entry and sustainable margins. DeFelice has focused OPM’s strategy in these verticals since the company first began 3D printing the high performance thermoplastic poly-ether-ketone-ketone (PEKK) in 2006.
“An enormous HPAM business opportunity exists for companies that establish value chains driven by material selection, process development, engineering expertise and product validation - all of which are required to deliver high-function industrial and medical end-use products,” said DeFelice. “Like many technology dominated markets, companies that overcome these challenges will necessarily develop valuable internal know-how and intellectual property that enable sustainable success across a variety of vertical industry segments.”
DeFelice added, “The term HPAM is used to clearly differentiate additive manufacturing processes suitable for 3D printing fully functional, performance driven products from those suitable for prototyping or hobbyist applications. Rapid prototyping is an approach to making models, whereas HPAM is an enterprise-based approach to manufacturing.”