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New Zealand Government Gives $10 Million Boost for 3D Printing Start-Ups

3D Printing Industry reports on a brand new cash flow for the 3D printing industry – at least in New Zealand.  The New Zealand government, in collaboration with the University of Auckland (UoA), has announced they will be sending a $10 million boost for 3D printing start-ups to the ‘Entrepreneurial Universities programme.’

New Zealand’s Education Minister, Chris Hipkins, also announced the appointment of Professor Olaf Diegel to this project.  As Hipkins explains: “We are fortunate to have secured Professor Diegel, a world leader in creating new products that provide innovative solutions to engineering problems.  Professor Diegel’s work aims to establish New Zealand as a global leader in Additive Manufacturing (AM), a technique used to build 3D printing technology. AM has already been used by Kiwi start-up Rocket Lab to build its ground-breaking rocket motor that cleverly used parts made by 3D printers.”

As a result of this appointment, Professor Diegel will join UoA’s Faculty of Engineering in 2019.  Previously, Diegel “has been involved in the development of more than 100 products” during his time at additive manufacturing labs at Auckland University of Technology, Massey University, and Lund University.  These products include “an insulin cooling system commercialized by Medactive…and a metal 3D printed guitar.”

As Minister Hipkins concludes: “This project will fast-track New Zealand’s ability to develop more commercial products using AM. Professor Diegel has dedicated much of his career to developing entrepreneurship. He has been involved in seven university start-ups and was a board member of Lund University’s VentureLab helping students turn their ideas into start-ups.”

Image and Quotes Courtesy of 3D Printing Industry

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