The 3D Printing business unit of Cytosurge AG has been spun-off into a new autonomous company, Exaddon AG, focusing on the development of processes and systems in the field of additive manufacturing of microscopically small metal components. The massive progress in the past months in product and process developments in the field of “additive micro-manufacturing” has turned the former business unit into the technological global market leader.
The founding of the new 3D printing company Exaddon AG in Glattbrugg concludes a two-and-a-half-year phase of intense development of a highly innovative technology A decade ago, the core FluidFM technology, which was developed at ETH Zurich as a doctoral thesis for its applicability to additive manufacturing of microscopically small metal components. The knowledge acquired formed the basis for the creation of Cytosurge AG and then strategic decision to further develop the technology to market maturity within a separate Business Unit with a carefully selected and dedicated team of specialists, who all now integrate the newly founded Exaddon AG.
Dr Pascal Behr, CEO of Cytosurge AG, summarises the development of the Business Unit and says with satisfaction: “The strategic decision to develop this revolutionary additive manufacturing technology and to establish a winning team pays off”. The consistently positive market response confirms that our decision was the right one while simultaneously providing the basis for handing over the further entrepreneurial endeavours to an autonomous company. Moreover, Cytosurge AG can now concentrate on its other growth markets, AFM Solutions and Bioscience.
Edgar Hepp, CEO of Exaddon AG and present in the adventure since the very beginning, looks ahead confidently, commenting: “We have developed ground-breaking manufacturing technology and have brought it to market maturity. It gives our clients the capabilities to perform unique additive manufacturing of high-end products at an unprecedented level.” Exaddon AG is now responsible for all previous Cytosurge projects related to additive manufacturing and will continue to manage and develop them.
It is clear to both CEOs: Because of the technological proximity of the two companies, Exaddon AG and Cytosurge AG will continue to work closely cooperate on specific strategic projects.
Source: https://www.exaddon.com