Innovative Technology Evolve Additive Solutions has developed the proprietary Selective Thermoplastic Electrophotographic Process (STEP), a groundbreaking additive manufacturing technology that offers high-speed, cost-effective production of engineering plastics, positioning it as a strong alternative to traditional injection molding and opening opportunities to attract manufacturing sectors seeking scalable 3D printing solutions.
Recent Expansion The company's recent launch of the STEP Parts Now production service and the SVP platform system demonstrates active growth and investment in scalable production capabilities, making them an attractive partner for businesses aiming to integrate large-volume additive manufacturing into their supply chains.
Strategic Partnerships Partnerships with European firms like Alphacam GmbH highlight Evolve’s expanding geographic footprint and willingness to collaborate with channel partners for service delivery, offering sales opportunities across international markets seeking local additive manufacturing solutions.
Market Positioning With a revenue between $10 million and $50 million and recent technological advancements, Evolve Additive Solutions is positioned as a competitive player in the industrial additive manufacturing industry, targeting clients in automotive, aerospace, and industrial sectors who require reliable, high-quality, large-volume production solutions.
Funding & Growth Having secured $74 million in funding, Evolve demonstrates strong financial backing to scale its operations and invest in product development, presenting opportunities to engage with a company poised for accelerated growth and broader customer acquisition in the additive manufacturing market.