LPW Technology has received a strategic investment from Stratasys to develop end-to-end metal powder solutions for additive manufacturing. As a result, LPW plans to invest in excess of £20m over the next two years, which will be focused on establishing new facilities in both the UK and US. In bringing Stratasys on board as a strategic investor, LPW remains majority-owned by founder Dr Phil Carroll, who will continue to lead the business supported by LPW’s independent management team. The Stratasys investment represents the first consolidated partnership arrangement in LPW’s approach of developing close working relationships with 3D printing machine manufacturers.
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