Asahi Kasei invests in 3D printing software from Castor

Additive Manufacturing Asahi Kasei invests in 3D printing software from Castor

20.05.2023 Source: Asahi Kasei Reading Time: 1 min

Related Vendors

creaform-ametek-logos-vertical-rgb (Creaform)

AMETEK GmbH Division Creaform Deutschland

Chemical company Asahi Kasei has decided to invest in Castor Technologies, an Israeli start-up specialised in the development of 3D printing software. In addition to utilising the software and services, the investment will allow Asahi Kasei to pursue synergies between its CAE (Computer Aided Engineering) technical service for plastic products and Castor’s software.

Castor’s software with its proprietary algorithm can automatically select parts that are suitable for 3D printing from CAD drawings.
(Source: Castor)

The 3D printing market has grown by an annual average of over 20 percent since 2015. Through the emergence of rapid prototyping and manufacturing, this annual growth rate is likely to rise to 24 percent, increasing the need for an optimised technical service and faster response times to customer requests. When 3D printing is applied to conventional products, an engineer usually selects the candidate parts and decides whether to use 3D printing or not, sometimes modifying the shape to enhance 3D printability. In contrast, Castor’s software with its proprietary algorithm can automatically select parts that are suitable for 3D printing from CAD drawings of thousands of parts in a bill of materials (BOM) and propose shape modifications.

Asahi Kasei has been providing support for its customers’ product design and development through CAE technical service focused on engineering plastics. The investment in Castor could allow the company to add services for simple judgement of part formability and simulation of manufacturing costs. Applying Castor’s software and service prior to Asahi Kasei’s plastic CAE technical service can contribute to automate more advanced simulations. “Through this investment, we will further investigate the synergies between Castor’s software and Asahi Kasei’s CAE expertise,” said Yukihiro Bann, Senior General Manager for Business Strategy and Marketing, Mobility & Industrial SBU at Asahi Kasei Corp. “We aim to provide our customers with more advanced and automated real-time simulations, as well as to expand the range of technical services that both companies can offer.”

(ID:49487260)

Subscribe to the newsletter now

Don't Miss out on Our Best Content

Business E-mail

Please enter a valid mailadress.

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Stand vom 23.03.2021

Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.

Consent to the use of data for promotional purposes

I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here

Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.

In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.

Right of revocation

I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.