Australian 3D printing specialist SPEE3D has announced a funding partnership with security investment fund 1941. This collaboration aims to grow SPEED’s global dual-use military technology business. 1941, a joint venture between Bondi Partners and Ellerston Capital, is associated with Joe Hockey, former Australian Ambassador to the US.
At the centre of SPEED’s offering is its patented Cold Spray Additive Manufacturing (CSAM) technology. CSAM enables the rapid production of mechanical parts for military and industrial applications, even in harsh environments. According to SPEE3D, their technology is the only field-use 3D printer deployed in combat zones for Australia and its allies.
SPEE3D has already built up an impressive customer list in the defence sector. Users of its technology include the Australian, US, UK and Japanese Ministries of Defence, as well as the Ukrainian Army. The versatility and efficiency of CSAM technology was recently demonstrated at the world’s largest maritime military manoeuvre RIMPAC (Rim of the Pacific) at the Marine Corps Air Station in Kaneohe Bay, Hawaii, where several units were deployed.
SPEE3D’s CSAM technology has the potential to fundamentally change logistics and supply in military operations. The ability to produce spare parts and specialised components directly on site can shorten response times and reduce dependence on long supply chains. This flexibility is particularly invaluable in crisis areas or in the event of natural disasters.
With the new funding and strategic partnerships, SPEE3D is well positioned to further expand its leadership position in military 3D printing and potentially move into civilian applications where rapid, on-site production of high-quality metal parts is required.
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