Mabwe Minerals and Fonon have entered into a Letter of Intent (LOI) for Mabwe to acquire certain assets of Fonon Technologies in exchange for a majority of the issued and outstanding shares of Mabwe Minerals Inc.
Fonon offers additive manufacturing solutions for 3d metal printing systems based on direct metal laser sintering (DMLS) as well as subtractive manufacturing solutions for 3D marking, engraving and cutting systems.
Hot technology
‘Fonon Technologies is rapidly emerging in one of the hottest industry sectors,’ said Al Pietrangelo, president & CEO.’ Fonon Technologies' portfolio of intellectual property, knowhow and inventions should dramatically change the way in which 3D metal manufacturing systems are designed for application specific requirements."
