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Evolve Additive Solutions Secures First Commercial Sale November 23 (2020

(2020 Composites Market Update 47

Evolve Additive Solutions Inc., whose proprietary STEP (Selective Thermoplastic Electrophotographic Process) technology is the first scaled volume production-ready manufacturing platform in the world, apprised of the completion of their first commercial sale. Due to confidentiality the clients name and terms of the sale cannot be disclosed. Evolve plans to ship their first system to the customer in Q1 of 2021. The SVP platform was released in Q3 of 2020 and the company is currently accepting orders.

The customer purchased the SVP (Scalable Volume Production) system, which is powered by STEP technology and will provide factory flexibility, time to market, supply chain resiliency, and produce products that otherwise could not be manufactured with traditional injection molding methods. The customer’s application includes use of multi-color capabilities and a wide range of materials.