Equispheres develops atomization technology for metal powders to enable the industrialization of additive manufacturing for automotive, aerospace and defense customers. Its aluminum powders can increase printing speeds up to nine times versus industry standards while lowering production costs by as much as 80%, and they also improve mechanical properties, energy efficiency, reusability and safety. The company says it works closely with global leaders to engineer materials that unlock high-speed AM processes and new applications. Funding will support installation of multiple new reactors in 2024, facility expansion and continued collaboration on new materials with strategic partners. Equispheres positions metal powders as a large part of the value chain and cites the global aluminum casting market as an indicator of opportunity. The company is based in Ottawa, Ontario. Equispheres is a materials-science company in Ottawa that engineers ultra-high-performance, mono-sized metal powders for additive manufacturing. Its core product portfolio focuses on tailored metal powders and alloy development for industries that require aerospace-ready quality, and the company emphasizes heavy investment in metallurgy R&D. Recent testing reported powders that outperformed in additive-manufacturing aerospace-quality tests and development of an aluminum alloy powder suitable for binder jet printing, a previously unfeasible combination. With new capital, Equispheres plans to scale production capacity by improving reactors for higher volume and lower cost production and to accelerate R&D with strategic industry partners. The company also intends to hire talent and develop application support services to facilitate advanced manufacturing opportunities in automotive, aviation, space and defense. Financially, the company announced a C$30 million Series B financing that will support production scale-up and ongoing testing and partnerships. Equispheres is a materials science technology company in Ottawa focused on additive manufacturing applications and engineering ultra-high-performance, mono-sized metal powders. Its powder is designed as an ink for 3D printing and has been optimized for automotive and aerospace use, enabling parts to be manufactured faster and up to 30% stronger and lighter than traditional AM powders. The company says its powder can remove 100–200 kg of mass from an automobile and is expected to improve fuel efficiency by over 10% in the automotive industry. Equispheres’ powder outperformed aerospace-ready quality tests and showed “proven exceptional” results in tests performed by McGill University. The firm invests heavily in R&D around metallurgy and alloy development and is working with automotive and aerospace partners to deploy the technology. SDTC funding will support scaling production capacity and commercialization to drive emissions reductions.

Total raised

$44M

Funding rounds

6

Latest round

Series B

Latest activity

Apr 2024