Connect with us

Hi, what are you looking for?

Jewish Business News

StartUps

Israeli Startup Magnus Metal pioneering technology in digital casting for metal alloys

Magnus Metal is an Israeli startup that says it is pioneering technology in industrial, high volume digital casting for metal alloys. The firm raised $74 million in a Series B round of funding, co-led by Entrée Capital and Target Global. Magnus Metal will use the latest capital to “further develop its innovative casting technologies while expanding its operations locally and globally to support its Fortune 100 customers.” Digital casting is a new technology that is revolutionizing the way metal parts are manufactured. It combines the benefits of additive manufacturing (3D printing) with traditional casting to create a more efficient and flexible process. There are a few different ways that digital casting can be used for metal alloys. One common method is to use 3D printing to create a mold for the casting. This mold can then be used to cast multiple parts from the same alloy. This method is especially beneficial for complex geometries that would be difficult or expensive to create using traditional casting methods. Another way that digital casting can be used is to directly cast the metal part from a 3D printed mold. This method is still under development, but it has the potential to be even more efficient than traditional casting methods. Founded in 2017, MagnusMetalboasts that its team has” unprecedented experience” in everything from 3D printing to chemistry and metallurgy. The company’s team holds more than 80 patents combined. Magnus embarks on a mission to bring traditional casting into the 21st century with the patent-pending Digital Casting solution. Magnus Metal

Magnus Metal has developed the Digital Casting TM which blends the benefits taken from both Additive Manufacturing (AM) and traditional casting, while avoiding the typical associated deficiencies – this enables a streamlined supply-chain, digital inventory and remote manufacturing hubs.

Magnus Metal is an Israeli startup that says it is pioneering technology in industrial, high volume digital casting for metal alloys. The firm raised $74 million in a Series B round of funding, co-led by Entrée Capital and Target Global. Magnus Metal will use the latest capital to “further develop its innovative casting technologies while expanding its operations locally and globally to support its Fortune 100 customers.”

Digital casting is a new technology that is revolutionizing the way metal parts are manufactured. It combines the benefits of additive manufacturing (3D printing) with traditional casting to create a more efficient and flexible process.

There are a few different ways that digital casting can be used for metal alloys. One common method is to use 3D printing to create a mold for the casting. This mold can then be used to cast multiple parts from the same alloy. This method is especially beneficial for complex geometries that would be difficult or expensive to create using traditional casting methods.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

Another way that digital casting can be used is to directly cast the metal part from a 3D printed mold. This method is still under development, but it has the potential to be even more efficient than traditional casting methods.

Founded in 2017, Magnus Metal boasts that its team has” unprecedented experience” in everything from 3D printing to chemistry and metallurgy. The company’s team holds more than 80 patents combined. Magnus embarks on a mission to bring traditional casting into the 21st century with the patent-pending Digital Casting solution.

“Magnus Metal’s technology is at the forefront of the digital casting revolution in metal production, forging transformations in sustainability, flexibility of design processes and massively reducing the time spent in development”, says Boaz Vinogradov, CEO of Magnus Metal. “We remain faithful to the industry’s 4000 years of tradition, while reimagining and refashioning how metals parts are produced for modern purposes. We are excited to bring our unique capital equipment, industry 4.0 environmentally friendly, advanced processes and digital knowhow and apply them to the metal casting process, driving it into a new digital era.”

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...