Oqton Announces Strategic Partnership with CASTOR to Facilitate Adoption of Additive Manufacturing

press-releaseOqtonMarch 26, 20236 minute read

Combination of Oqton and CASTOR software yields seamless solution for part selection, preparation, optimization, and production planning when analyzing manufacturing for additive opportunities

Oqton’s powerful production platform with CASTOR’s analysis tools will help drive contract manufacturers to profitable additive projects

GHENT, Belgium, April 26, 2023 – Oqton, a software provider helping manufacturers increase innovation and efficiency by intelligently automating production, today announced it has entered a partnership with CASTOR, the creator of an automated software product that helps companies identify opportunities for additive manufacturing (AM). Bringing together the capabilities of these companies and their products provides manufacturers with a complete end-to-end solution for additive manufacturing — addressing the challenges faced by many when adopting and implementing the technology. The integration of CASTOR’s software with Oqton’s Manufacturing OS offers a seamless solution for manufacturing contractors and organizations to evaluate and analyze the business case and technical feasibility of using additive for manufacturing. An automatic, AI-driven system like this enables profitable growth for on-demand production.

CASTOR’s software can analyze thousands of parts and assemblies simultaneously thus automating a previously time-consuming process. It can select the parts that would benefit from AM (as opposed to traditional manufacturing methods) and recommend the best materials and 3D printing technology, perform geometry analyses, and identify opportunities for weight reduction, and part consolidation. Manufacturers that use CASTOR’s software not only have the opportunity to accelerate time to final part but can also reduce mechanical component costs. For example, some CASTOR users reported that they were able to reduce the lead time for a metal additively manufactured part by more than 80% (from eight weeks to nine days) and decrease the cost by 50%.

Oqton’s Manufacturing OS provides manufacturers with a unified user experience that deploys artificial intelligence across end-to-end engineering and production workflows for significant process efficiency gains. The company’s end-to-end additive manufacturing workflow and complete MES capabilities provide manufacturers with a comprehensive solution for streamlined production processes and complete traceability and visibility from order to delivery.

By integrating their respective software platforms, Oqton and CASTOR have created an end-to-end solution that covers the entire additive manufacturing workflow — from identifying suitable parts to design and printing. The integrated software platforms offer comprehensive cost and lead time estimates and insights into the carbon emissions for each part, enabling manufacturers to make informed decisions and minimize environmental impact. The result is a more efficient and faster identification, preparation, and printing of high-quality parts, which can help manufacturers gain a competitive edge in the industry.

“We’re excited to expand our trusted partner network with CASTOR,” said Roy Sterenthal, vice president, industrial additive, Oqton. “Their forward-thinking engineering expertise has enabled the creation of an automated software tool that is helping break down barriers for manufacturers to more easily adopt additive manufacturing as part of their production workflow. When CASTOR is combined with Oqton’s Manufacturing OS, we are bringing together two leading manufacturing automation solutions that will help our customers accelerate their time to market.”

“We’re excited to partner with Oqton to provide a complete end-to-end solution for additive manufacturing,” said Omer Blaier, CEO of CASTOR. “Together, our solution enables companies to scale their 3D printing operations allowing them to automatically identify new business cases and drive profitable growth.”

Manufacturers interested in taking advantage of this ground-breaking solution to transform their business can visit Oqton in booth #2435 at RAPID+TCT 2023 to be held May 2-4 at McCormick Place – West Building, Chicago, Illinois, or they can contact an expert here.

About Oqton

Oqton accelerates intelligent manufacturing by providing comprehensive software solutions for additive production, 3D scanning, and robotic welding — helping industrial and healthcare organizations drive innovation and efficiency. The company’s additive production software enables complete traceability and visibility across an organization, delivering AI-powered capabilities for image segmentation, additive design, build prep, MES, additive inspection, and simulation. Global manufacturers use Oqton software to automate robotic welding to increase productivity. The company’s industry-leading Geomagic suite is the foundation of 3D scanning solutions for reverse engineering and inspection applications. Oqton is supported by partnerships with machine and scanner vendors, software partners, and ERP/CAD/PLM integrations. For more information, visit www.oqton.com or LinkedIn .

About CASTOR

CASTOR is a leading industrial 3D Printing software company based in Tel Aviv, Israel that enables to optimize manufacturing and increase profitability by automatically identifying opportunities to implement Additive Manufacturing. CASTOR solves the challenge of identifying where, when, and how to utilize the benefits of 3D Printing technology, by automating the process of screening parts and highlighting the parts that make a good business case for AM. CASTOR’s intelligent software analyzes thousands of parts at once and identifies opportunities where Additive Manufacturing makes sense, from a technical, economical, and sustainable point of view. Whether a company’s initiatives are cost reduction, sustainability, supply chain resilience, or others, CASTOR helps engineers to scale up their additive manufacturing journey.
CASTOR provides a wide range of advanced capabilities and offers multiple tools, both for new adopters and for Additive Manufacturing experts, which are fully customizable and can be tailored to each organization’s needs.

Forward-Looking Statements

Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as “believes,” “belief,” “expects,” “may,” “will,” “estimates,” “intends,” “anticipates” or “plans” or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. Oqton undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.