Official Press Release
London, UK – February 2021
Magnitude Innovations Ltd. has been awarded an innovation grant by the UK Government to boost the development of it’s Operational Excellence software, Uptimo, for the Metal Additive Manufacturing (AM) Industry.
This project, which began on November 1st and will run for 6 months, will focus on further the research and development of Machine Learning driven predictive analytics for the optimization of the production performance in real-time. The goal of the project is to enable an efficiency-based automation of all metal additive operations surrounding the production process to ultimately minimize manufacturing resources and costs.
The grant was secured through the Sustainable Innovation Fund program from Innovate UK, the UK’s Innovation agency, on the basis that Magnitude’s project will significantly support the reduction of energy consumption, material waste and quality control spending.
“Additive Manufacturing continues to have a significant impact on sustainability and carbon emissions. Being able to manufacture a part with the least waste is a huge step forward, however current metal AM systems are not optimized to make the best use of energy, materials and reduce rework. With Uptimo, we aim to change this by driving efficiency across manufacturers’ entire additive production, enabling Continuous Improvement with real-time data.” states Matt Tusz, Magnitude’s founder and CEO. “This project will deliver manufacturers a low-cost solution for intelligent production automation, enabling efficient and connected additive production environments with tangible and transparent cost savings as well as benefits for the environment.”
About Magnitude Innovations Ltd.
Based in London, UK, Magnitude is a software development and technical consulting firm specialised in Additive Manufacturing (AM) process improvements and use of Metal Laser Powder Bed Fusion (LBPF) technology in industrial applications. With its team’s combined knowledge of over twenty years in AM, the company has developed Uptimo, an intelligent software solution designed to improve the overall efficiency of any meta AM production.
About Innovate UK
Innovate UK drives productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. They fund business and research collaborations to accelerate innovation and drive business investment into R&D. Innovate UK is part of UK Research and Innovation. For more information visit www.innovateuk.org