Freemelt restructures around new metal component manufacturing business
Swedish E-PBF company says the shift will meet expanding demand for qualified advanced metal components
Freemelt, a Swedish manufacturer of electron beam powder bed fusion (E-PBF) metal 3D printing systems, has restructured its business into two units, adding component manufacturing services alongside its existing machine sales.
The company, founded in 2017, said the new structure separated Production Systems, which serves customers building their own additive manufacturing capacity, from Manufacturing, a line supplying qualified metal components directly to customers in medtech, defense, fusion and other industrial sectors.
Daniel Gidlund, Chief Executive Officer at Freemelt, said the change followed a shift in what customers needed. “The market is changing. Customers increasingly need access to qualified manufacturing capacity, materials expertise and reliable supply chains—not only advanced production systems,” he explained.
“By expanding our offering with manufacturing services for advanced metal components, we are meeting this shift in demand and taking an important step towards building Europe’s industrial platform for qualified advanced metal components.”
Market opportunities
Freemelt said the addressable market for its production systems alone was $2.27 billion to $3.41 billion (SEK 22 billion to SEK 33 billion). Including component manufacturing and subsystems in the calculation widened that figure to $46.5 billion to $57.9 billion (SEK 450 billion to SEK 560 billion), a roughly 20-fold increase.
Freemelt reaffirmed its target of $103.3 million (SEK 1 billion) in annual order intake by 2030 and set a new goal of reaching positive EBITDA by 2028. The company said it expected more than half of its revenue to come from recurring sources.
A recent contract with Fusion for Energy (F4E) was highlighted as an example of the new Manufacturing line’s work. F4E contracted Freemelt to produce around 33,000 tungsten-based components for the JT-60SA fusion program, a deal worth $5.7 million (SEK 55 million) in its base scope, with options that could raise the total value to $8.7 million (SEK 84 million).
