SAN JOSE, Calif.--(BUSINESS WIRE)--Peak Technology, a leading provider of Rapid Prototyping and Advanced Manufacturing Solutions to the Semiconductor, Bio-Medical, Aerospace and other Deep Tech industries, has approved a definitive agreement to acquire all the intellectual property (IP) and assets of former 3D printer technology company Type A Machines.
With this acquisition augmenting an already broad range of custom engineering, fabrication, assembly, and integration services, Peak Technology will significantly improve its position as an Original Equipment Manufacturer (OEM) capable provider of design, prototyping and manufacturing solutions to global manufacturers of high-tech products and equipment.
"By adding 3D printing services and product technology to our corporate portfolio, we are making a statement to the industry that we have a world-class production system specifically designed to address the product development and manufacturing challenges faced by our customers as they navigate the ever changing requirements of the 4th Industrial Revolution,” commented Robert de Neve, COO & Head of Corporate Venture for Peak Technology. Mr. de Neve added, “3D printing, also known as Additive Manufacturing, will be the catalyst that drives Peak Technology to expand into new markets and continue to hit the key objectives mandated by our strategic growth plan.”
“I am very excited about this addition to our capabilities,” said Sharon Woo, Founder and Chief Executive Officer of Peak Technology. Ms. Woo continued, “Our focus on continuous adaptation and innovation highlights our commitment to address the evolving needs of our customers.”
This acquisition is totally complementary to Peak Technology’s portfolio of products and services and will allow the company to enter CY25 as the only supplier to offer a full spectrum and comprehensive suite of Additive Manufacturing (AM) services. In addition to complementing Peak’s state-of-the-art Subtractive Manufacturing (CNC machining) capabilities, pre-AM, in situ-AM, and post-AM processes such as the material selection, forming, fabricating, machining, and assembling of highly engineered plastics-based components, assemblies and subsystems, provide one of a kind productization and realization solutions to OEMs around the world.
About Type A Machines
Type A Machines was a company known for producing high-quality, large build volume 3D printers, particularly their "Series 1" model, and multi-unit “Printer Pod,” which offered a cubic foot of printing space, making it suitable for larger projects and professional applications; the company was recognized for its focus on modularity, and parallel production level printing, allowing users to easily upgrade, customize and optimize their machines for prototype and production environments.
Key points about Type A Machines 3D printing:
- Large build volume
- Modular design
- Professional-grade quality
- Material compatibility
- Wide range of materials including PLA, PET, and nylon
- Maker movement roots
- Focus on high throughput and production linearity
About Peak Technology
Headquartered in Silicon Valley, CA, Peak Technology is an Advanced Prototype & Manufacturing Solutions company specializing in producing components, assemblies and modules made from highly engineered plastics and other technical materials. The company provides the following services to Original Equipment Manufacturers (OEMs) building complex electro-mechanical, optical, and mechatronic products and equipment:
- Materials Science & Selection
- Design For Manufacturing (DFM) & Design for Additive Manufacturing (DFAM)
- New Product Introduction & Manufacturing Systems Engineering
- Additive & Subtractive Component Manufacturing
- Modular Manufacturing, System Integration & Process Automation
- Spares, Repairs & Refurbishing
Peak Technology is committed to building a best in class business operating system and fostering a corporate culture based on four core principles: 1) Execute with Heart, 2) Operate with Extraordinary Customer Focus, 3) Be Growth Centric and 4) Exhibit Extreme Ownership and Accountability.
Additional information may be found at www.peakfab.com.
