Vision Miner Completes Acquisition of AddWise
The acquisition combines Vision Miner’s experience in printing high-temperature performance materials with AddWise’s advanced manufacturing capabilities.
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Vision Miner has acquired AddWise, enhancing its in-house manufacturing capabilities and expanding its global footprint. Vision Miner specializes in high-performance polymers (such as PEEK, ULTEM, PPSU, PPS, PSU and carbon-fiber composites), while AddWise offers a range of services tailored to meet clients’ industrial automation needs.
From conceptual design to full-scale production, the AddWise manufacturing team of experienced engineers and skilled production employees work in a state-of-the-art factory to ensure the highest quality outcomes.
“The acquisition of AddWise is a transformative milestone for Vision Miner,” says Patrick Smith, Vision Miner founder and CEO. “By combining our 8 years of experience and success in the industry with AddWise’s advanced manufacturing capabilities, we are now better positioned than ever to deliver the most innovative and reliable industrial 3D printing solutions to our global customer base.”
Vision Miner says it has experienced continued growth since 2017, recently achieving a 120% increase in revenue with profitability exceeding industry standards. Debt-free and financially strong, the company is well-positioned for rapid expansion, with projections to grow tenfold in the near future.
As a provider of printing high-temperature performance materials, Vision Miner has been trusted by industry giants such as NASA, Northrop Grumman, Lockheed Martin, SpaceX, Tesla, U.S. Air Force and U.S. Army. The company’s expertise was instrumental in solving NASA’s challenge of printing a small part in CF PEEK for the filtration system of its new spacewalk suits. Vision Miner’s ability to adapt and overcome challenges has led to their parts being used in aircraft, military and defense applications, the International Space Station, race cars, oil platforms and many other critical applications worldwide.
“Every week, we get the opportunity to work on something new and exciting,” Smith says. "Getting to work on so many special and secret projects is simply rewarding. There is never a dull day at Vision Miner.”
Vision Miner's products include its patent-pending Nano Polymer Bed Adhesive and the successful 22 IDEX 3D Printer, which prints high-performance materials repeatedly with precision, speed and affordability.
The acquisition of AddWise is just the beginning of Vision Miner's expansion plans. With new facilities in the U.S. and Europe, the company is poised itself for significant growth. The factory is expanding its production line, while also bringing in new machinery for automation of its other products. With new products in development, Vision Miner will soon be entering more markets in the AM industry.
“Our mission is to revolutionize the additive manufacturing industry by providing the most advanced, reliable, and cost-effective solutions to businesses worldwide,” Smith says. “With the acquisition of AddWise and our ongoing expansion, we are well-positioned to drive innovation and deliver unparalleled value to our customers.”
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