June 8, 2020 - Arevo, the Silicon Valley company fostering composites production through digitalization and automation, today announced construction on one of the world's largest high-speed continuous carbon fiber reinforced polymer ("CFRP") composite additive manufacturing facilities. The plant will be one of the first of its scale to operate on a rapid-turnaround manufacturing-as-a-service (MaaS) model, producing custom products on a just-in-time basis. Continuous CFRP composites can have a strength-to-weight ratio over 60 times that of steel and be used in products such as elite-level bicycles, Formula One race cars, and the latest generation fighter aircrafts.
With the completion of Arevo's second-generation composite material deposition technology, which is over four times faster than the first generation, the company plans to host hundreds of production systems at the center of a yet-to-be-announced Asian city. This will equip the company with capacity to meet burgeoning customer demand for the rapid turnaround of large and geometrically complex CFRP products.
At this time, key executives have been onboarded to support and scale the business:
- CEO: Sonny Vu, serial entrepreneur. Most recently founder of Misfit, a wearables company acquired by Fossil
- CRO: Tuan TranPham, one of the longest-tenured veterans (17 years) in the 3D-printing industry. Most recently the Chief Revenue Officer of Desktop Metal.
- Japan GM: Daisuke Tanaka, serial entrepreneur. Previously general manager for numerous Japanese technology companies.
"The new team will be key to our success as we enter into this new expansion phase. We needed people who had a blend of startup experience, ability to scale technical businesses as well as deep industry experience in additive manufacturing," said Hemant Bheda, Arevo Co-Founder and Chairman.
"It's exciting to be a part of what is one of the most ambitious and interesting opportunities I've seen in the 3D-printing industry in the last 20 years," stated Tuan TranPham.
"We are now aggressively recruiting additional commercialization and technical talent," continued Bheda. Postings here: www.arevo.com/careers
Arevo is a technology company that automates the design and fabrication of large, geometrically complex, continuous CFRP composite products through a suite of innovations in materials science, robotics and design software. Customers include companies from consumer, industrial, automotive, heavy industries, construction and aerospace sectors.