Norsk Titanium (client registration required) recently announced that Boeing has ordered titanium structural components for the 787 made using Norsk’s additive manufacturing process. Norsk received FAA approval for the components in question in February 2017 after more than a year of testing by Boeing. Its printing process, Rapid Plasma Deposition (RPD), combines additive and subtractive steps: first building up a part using plasma arc deposition from a wire feedstock, then CNC machining the part to the final specifications. Compared to conventional titanium manufacturing, the RPD process can reduce cost by up to 70%, primarily from its comparatively low buy-to-fly ratio of 1.5:1. At the same time, compared to powder-based 3D printing processes (which can sometimes achieve even lower 1.1:1 buy-to-fly ratios), RPD is faster and can produce larger parts, up to 2 m across. Other wire-based metal 3D printers, such as those from Sciaky, achieve similar speed and part size to RPD but do not incorporate subtractive machining in a single production tool. To meet the increased production demand from Boeing’s purchase order, Norsk plans to move production from Norway to a facility in Plattsburgh, NY, which will have nine printers operating by the end of 2017. Ultimately, the company claims it will be producing several tons of titanium components for each 787, which would reduce the Boeing’s material cost per plane by as much as $2 million to $3 million. Continue reading
In 2015, Lux Research analysts profiled 1,189 companies across 20 different emerging technologies. As the year end approaches, we polled the analyst team to select the top 10 companies we covered in 2015 that are poised to make a significant impact on their target industries. These companies may be targets for partnership, investment, or acquisition, but their success also points to new growth areas and business opportunities that clients can capitalize on.
As always, each firm gets a “Lux Take” that ranges from “Strong Caution” to “Strong Positive,” to provide a bottom-line assessment of its prospects, with a “Wait and See” rating for companies that still face too much uncertainty for a definitive call. Full access to the detailed information and analysis in the profiles is for clients only, but the list with a brief explanation of each is available here for everyone.
- NeuroSky (Positive – BioElectonics; Sensors) — NeuroSky develops a number of bioelectrical signal detection and processing systems, most notably its electroencephalography (EEG) sensors that have enabled mind-reading brain-computer interface devices like Uncle Milton’s Star Wars Force Trainer – and will also enable future diagnostic and monitoring solutions as health care shifts to digital technologies.
- Organica Water (Positive – Water) — In addition to providing significant reductions in energy consumption, sludge production, and overall footprint for wastewater treatment, Organica builds low-cost greenhouses around its treatment plants to reduce odor, allowing it to locate plants closer to wastewater sources and enabling cost-effective reuse within cities.
- PFP Cybersecurity (Strong Positive – Connected Objects and Platforms) — PFP uses a physics-based approach to detecting cyber threats by analyzing the electrical patterns of processors, ideal for securing for Internet of Things (IoT) devices that can’t support modern security software or are limited by memory or compute constraints.
- Norsk Titanium (Positive – Advanced Materials) — 3D printing is best known for producing customized but pricey plastic pieces – Norsk’s plasma arc deposition allows it to 3D-print parts from titanium that are up to 70% cheaper than those made via conventional machining methods, due to greater material utilization.
- Nutrigenomix (Positive – Food & Nutrition) — Offering genetic testing to provide individualized recommendations on seven specific dietary components, Nutrigenomix is a step in the right direction for personalized nutrition.
- Fulcrum BioEnergy (Positive – Alternative Fuels) — Biojet fuel and renewable diesel are going to be major plays in 2016 and Fulcrum is well positioned to make both fuels from municipal solid waste (MSW) – it has strong partnerships along its entire value chain, and is the only Fischer-Tropsch biojet process developer with proven production at some scale.
- Zerlux (Positive – Exploration and Production) — The use of lasers in the oil and gas industry isn’t widely known, but Hungarian player Zerlux is a leader, with high-powered lasers for well stimulation, hard-scale removal, and subsea pipeline remediation.
- Hillcrest Labs (Positive – Sensors) — As the number of sensors in products from cars to mobile phones continues to grow, sensor fusion – integrating the interpretation of data from different sensors – is becoming more critical; strategic relationships with Bosch, Atmel, and ARM position Hillcrest to be a dominant player in this market.
- ENS Europe (Wait and See – Intelligent Buildings, Sustainable Building Materials) — More efficient electrostatic filters from ENS Europe can help clean indoor air, much like a HEPA filter does, but the technology has the potential to scale up to clean smog and address other city-wide air quality issues.
- AgDNA (Positive – Agro Innovation) — Finding successful business models for precision agriculture has been challenging, but AgDNA has been able to get traction licensing its technology – which integrates data from existing equipment into a decision-support system for growers – to OEMs like John Deere.
Other notable companies nominated by the analysts earned an honorable mention:
- Alsentis (Positive – Wearable and Flexible Electronics; Sensors) — Touch screens don’t work in high-noise environments – with wet surfaces or gloved hands – but Alsentis is changing that with its multi-touch sensor chips, used now in industrial and automotive applications with planned release for consumer devices in 2016.
- Elevance Renewable Sciences (Positive – Bio-based Materials and Chemicals, Alternative Fuels) — Elevance already has commercial scale production of specialty chemicals from crude palm oil (CPO), and is planning to expand by building or retrofitting plants in the U.S. and in Malaysia – notably deploying its technology outside the “conventional” regions of Europe and the Americas.
- Mapdwell (Wait and See – Solar) — Using Lidar data and an online portal, Mapdwell allows consumers to estimate the solar potential of any rooftop in cities it covers, helping to bring down soft costs associated with customer education, targeting, and system design.
- Sakti3 (Caution – Energy Storage) — Solid-state batteries are one of the key technologies for enabling higher density energy storage beyond the current Li-ion batteries today; while its unproven production process is reason for caution, its acquisition by Dyson later in the year could give it the boost needed to make the leap to commercial production.
- EasyMile (Positive – Autonomous Systems 2.0) — Lightweight, driverless, electric automobiles could revolutionize urban transport and change the current paradigm of car ownership. EasyMile – a joint venture of Ligier Group and Robosoft – is developing autonomous shuttles that could be the basis for future personal rapid transit systems.