Come join The Family Office Networks Community and Dmytro Kovalchuk, CEO and Founder of xBeam 3D Printing and Alex Kramarchuk of Colton Alexander LLC for a webinar presentation examining the 4th industrial revolution being led by 3D printing advancements. Alex and Dmytro will be discussing how xBeam is taking advantage of these developments and advancing the technology to create a more productive, efficient, and resilient industry.
xBeam 3D Metal Printing technology is a leader in The Fourth Industrial Revolution or Industry 4.0, which is driving the current transformation of traditional manufacturing and industrial practices. Industry is pressing both the pace and scale of workplace innovation to do more with less by finding simpler, less expensive, and faster ways to operate. xBeam fills that gap.
xBeam patented technology is a result of more than 40-year experience developing electron beam products globally. In 2014, a combination of approved physical principles, extensive experience in industrial metallurgy and innovative engineering solutions led to the creation of the 3D metal printing systems called xBeam, thanks to the magic X-shape of the electron beam.
Today, xBeam is fulfilling its first contract orders from leading R&D organizations from UK and China for pilot xBeam 3D printing systems. Engineering is being completed to achieve a Technology Readiness Level (“TRL”) of six (“6”) which is the next step to full commercialization leading to contract orders and serial production.
As a follow on to its initial seed round of $1.5 million in 2017, xBeam has launched its Series “A” Institutional Round of $8 million in preferred convertible notes. The company is organizing its global go-to-market strategy and plans to begin securing contract orders for delivery in early 2021 with the completion of the Series A round.