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SPRINGBOARD® in Copenhagen: Startup revolutionizes personalized components production with Volumetric Additive Manufacturing, enabling rapid on-site printing for unparalleled efficiency

  • 27 Jun 2024
  • 14:00 - 17:00
  • DI, kl 14:00 til 17:00 pa H. C. Andersens Boulevard 18, 1553 København V
  • 16

Registration

  • Tilmeldingsfrist: 20. juni 2024.
  • Tilmeldingsfrist: 20. juni 2024.

Register


Introduction to SPRINGBOARD®

The startup’s solution targets personalized device manufacturing at delivery points, offering significant benefits across various markets such as dentures, patient-specific implants, prosthetics, medical models, and bio-printing. Initially focusing on custom earmolds in hearing aids (HA), the startup is drawn to this market due to an unmet demand for decentralized production solutions, Denmark's strong HA industry, and ties with DTU. Three Danish HA companies dominate 64% of the global HA market share. The value proposition lies in the considerable time and transaction cost savings for clinics and manufacturers.


Areas for sparring

For this SPRINGBOARD®, panelists with competencies/experience within these themes, are needed for sparring (prioritised):

                                        Suppliers and production
                                          • At which point is it relevant to outsource the development and production to other EU countries (e.g. Poland, Hungary, Baltics) and overseas (e.g. China, Taiwan)?

                                          • Should we aim to make the first batch of 5 printers, 50 or 500?

                                        Outsourcing or in-house
                                          • Which activities regarding R&D are recommended to be undertaken in-house (hired employees) and which can be outsourced given the skill set of the current team?

                                          • What can the contractors for prototyping and production do exactly?

                                          • Can they choose the right components for us, like camera, motor or even projector?

                                          • Do we need a seasoned product engineer in house?

                                          • How to coordinate the software and hardware development at the same time

                                        Contracts, distribution channels, and first sales
                                          • How do we price for different customers (e.g. one bigger contract - discount, individual clinics, public hospitals etc.)?

                                          • How do we distribute the machines?


                                            Industry: Hardware

                                            Development stage: Proof of Concept

                                            Company's CVR region: Capitol

                                            Competencies in the panel:

                                            • Production
                                            • Business Development
                                            • Sales


                                            Note: This SPRINGBOARD® will be held in English



                                            The situation

                                            3D printing has brought about a revolution in the manufacturing industry, allowing the production of highly complex components and creating new opportunities in the market for personalized devices. It has become the standard for manufacturing custom-made earmolds in hearing aids, dentures, surgical models, implants, and prototypes.


                                            The problem

                                            However, current 3D printing methods come with a set of limitations. One of the primary drawbacks is the layer-by-layer process, resulting in slow fabrication times. The speed of production depends on factors such as the size and complexity of the object. Additionally, the technology necessitates the use of support structures and entails laborious post-processing workflow. Moreover, mechanical forces cause damage to the printed objects, posing another challenge to overcome.


                                            The business idea

                                            Our business idea is to develop and provide Volumetric 3D printers that enable complete in-clinic production of custom-made components for variety of applications. This approach is innovative because it addresses the pain points associated with the current process of producing personalized devices. The technology, Volumetric Additive Manufacturing (VAM), defies these limits by instantly fabricating all points within an object. The process shortens manufacturing times from hours to seconds and improves quality.


                                            Beachhead market

                                            Instant production of personalized earmolds for hearing aids.


                                            Status

                                            The startup expects to introduce their first generic printer post-CE marking, by the end of 2024. This will be followed by the introduction of the printer with material and features specifically designed for the hearing aid industry, following the MDR approval by H2 2025.


                                            Team

                                            A – Co-founder & CEO, holds a double PhD degree in Economics and Management from Copenhagen Business School and University of Chinese Academy of Sciences, and an MSc in Political Science and Government from Aarhus University. A comes to the company with a diverse background as a trained researcher in Chinese political economy and management, and as a former Danish civil servant working with business policies and international affairs.

                                            B – Co-founder and CTO, holds a PhD degree with material chemistry and computational chemistry background from University of Copenhagen. B has joined the project since the beginning of 2022, since then he has been in charge of the R&D activities and co-leading the commercialization.

                                            C – Co-founder and CPO, holds a PhD in micro-scale vat-photopolymerization additive manufacturing from the Additive Manufacturing Group at the Technical University of Denmark. C’s expertise lies in optimizing the entire resin-based 3D printing process chain, encompassing design, material selection, process, post-processing, characterization, and technological deployment. C has completed a MSc at DTU in Materials and Manufacturing Engineering, with a major in polymer processing and smart materials. C also holds two BScs in Industrial Engineering and Management.


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