Aachen — S‑UBG AG, leading Aachen-based investment company for medium-sized businesses, is investing in the Herzogenrath-based technology company LUNOVU GmbH. The company was founded in 2013 in the environment of the Aachen Fraunhofer Institute for Laser Technology (ILT) and specializes in the development and marketing of intelligent and networked machines for the laser metal deposition (LMD) process — a disruptive technology in the field of 3D metal printing. By increasing its equity, LUNOVU intends to take advantage of the enormous growth opportunities arising from the demand for additive manufacturing in the market, which has been increasing for years. The forecast market development for individualized machines in 3D metal printing will average 24 percent through 2024, according to the consulting firm Wohlers.
Key technology for industrial production
LUNOVU uses an end-to-end digital process chain for the manufacture, repair and coating of components using LMD processes. The intelligent linking of measurement technology and data preparation enables direct measurement of unknown component geometries as well as automatic path planning and direct LMD machining. The software integrated for this purpose saves users significant pre-processing effort. This gives LUNOVU a strong unique selling point in the relevant market environment. The company is also able to integrate sensor technology into LMD systems according to customer requirements, thereby offering process-reliable and reproducible LMD process control. The company has already successfully installed numerous laser machine systems at its customers — in medium-sized industry, multinational corporations and research institutions.
Technological and strategic goals for further growth
In order to continue to consistently market LMD technology, LUNOVU is striving to standardize the machines with configurable design in control technology, electrical engineering and mechanics. For the assembly of the machines, larger operating areas and corresponding equipment will be required in the future, so that a move is already planned for the coming fiscal year. In addition to a laboratory for better and faster metallurgical evaluation of samples, the new site will also have a demonstration field that will also serve as a showroom for the latest systems developed.
Experienced management team
“LUNOVU clearly stands out from the competition thanks to its technological edge and unique selling propositions in relevant technology areas such as the digital process chain, as well as a strong customer focus,” says Harald Heidemann, CEO of the S‑UBG Group. “In addition, the management team has extensive experience and expertise in laser technology, automation and artificial intelligence. The ongoing digitalization makes additive manufacturing a strong growth market. Based on the positive development to date and the company’s consolidated position, we assume that LUNOVU will be able to rapidly seize its growth opportunities and win many major projects with a stronger equity base.”
The team around the three managing partners Dr. Oliver Steffens, Dipl.-Ing. Lars Boeske and Dr. Rainer Beccard has grown to 16 employees since the company was founded. “Due to the increasing spread of LMD technology, as well as our core competencies and the process knowledge we have built up, we have been able to achieve very strong growth in the area of LMD machine manufacturing in recent years,” says Steffens. “With the predicted market development and our acquired technological lead, we will focus even more on this business area in the future.”
About the S‑UBG Group
The S‑UBG Group, Aachen, has been the leading partner in the provision of equity capital for established medium-sized companies (S‑UBG AG) and young, technology-oriented start-ups (TechVision Fonds I) in the economic regions of Aachen, Krefeld and Mönchengladbach for over 30 years. S‑UBG AG invests in growth sectors; high quality of corporate management is a key investment criterion for the investment company.
2020, TechVision Fonds I für die Region Aachen, Krefeld & Mönchengladbach GmbH & Co. KG was launched together with NRW.BANK, the savings banks of Aachen, Krefeld and Düren, Kreissparkasse Heinsberg, Stadtsparkasse Mönchengladbach, Nomainvest, DSA Invest GmbH, investors from the Dr. Babor Group and other private investors. It provides around 40 million euros in seed capital for the start-up scene in the region. TechVision Fonds I emerged from Seed Fonds III for the Aachen, Krefeld and Mönchengladbach region. As an extension of Seed Fund III, TechVision Fund I now seeks to participate in subsequent financing rounds (Series A/B) of existing portfolio companies in addition to seed investments. The S‑UBG Group currently holds stakes in just under 40 companies in the region, giving it a leading position in the Sparkassen-Finanzgruppe. Further information: www.s‑ubg.de; https://techvision-fonds.de/