Concept Laser and Lauak sign AM Letter of Intent

3D printing company Concept Laser and Lauak, a French aeronautical company, have signed a Letter of Intent (LOI) to develop an alliance between the two companies. Lauak will invest in Concept Laser’s additive machines while Concept Laser will work with Lauak to implement additive processes and design new products. The companies will also collaborate to redesign components from the Lauak portfolio.

‘We see the huge potential in additive manufacturing and we want to use this technology to complete and improve our current manufacturing processes, as well as the manufacture of new components for the aviation industry,’ said Mikel Charritton, CEO of Lauak.

This story is reprinted from material from Concept Laser, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.