Provides digital casting solutions for metal alloys, enabling single-process production from R&D to volume manufacturing without traditional tooling. This approach reduces tooling time by 6-18 weeks, cuts raw material requirements by up to 70%, and achieves 1mm dimensional accuracy over 1 meter, addressing challenges like labor shortages, supply chain disruptions, and high energy consumption in metal casting.
Funding
$74M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
EETGFounders
Product
Problem
Traditional metal casting processes face challenges such as long lead times due to tooling requirements, high raw material waste, labor shortages, and difficulties in meeting Industry 4.0 standards. These inefficiencies result in increased costs, supply chain vulnerabilities, and limitations in design and process control.
Solution
Magnus Metal offers a digital casting solution for metal alloys that streamlines the production process from R&D to volume manufacturing, eliminating the need for traditional tooling. This single-process approach significantly reduces tooling time, minimizes raw material waste, and enhances dimensional accuracy. By automating the casting process and controlling alloy solidification, Magnus Metal enables manufacturers to overcome labor shortages, reduce energy consumption, and achieve greater flexibility in part design and alloy composition. The technology supports multi-alloy parts and simplifies steel casting, facilitating the creation of complex geometries with improved material properties.
Target Audience
The primary target audience includes manufacturers in the powertrain, engine assembly, industrial tooling, chassis, and structural parts sectors seeking to optimize metal casting processes, reduce costs, and improve part performance.
Features
- Single-process production from R&D to volume manufacturing, eliminating traditional tooling
- Support for multiple alloys within the same part
- Full control over alloy thermal arrest (solidification)
- Achieves 1mm dimensional accuracy per 1 meter
- Reduces raw material requirements by up to 70%
- Reduces energy consumption by up to 50%
- Automated process adhering to Industry 4.0 standards
- Capable of merging multiple parts into one, reducing costs by up to 50%