16th July 2018
CALT Dynamics, the Irish based tech start-up that is developing high precision photolithography based 3D printers, has been accepted into a prestigious TechStars accelerator program in the US.
TechStars is one of the most competitive accelerator programs in the world, with less than 1% of applicants accepted. CALT Dynamics have won a place on the new Stanley Black & Decker Additive Manufacturing Accelerator program based in Hartford, Connecticut. CALT Dynamics CEO Ross Lawless said the company was delighted to be accepted onto the program, after a very rigorous and competitive selection process”. “The mentorship and support provided by TechStars will rapidly progress CALT Dynamics and help us reach a wider audience. TechStars will help take us onto the global stage of additive manufacturing. CALT is about decentralising technology and this is going to help us achieve that goal"
CALT Dynamics design and manufacture high precision stereolithography based 3D printers, which allow new levels of speed, precision and usability and at a lower price point than that of previously available systems. Originally launched in 2014 by Ross Lawless, CALT Dynamics was relaunched in 2017, with the addition of two new founders, Irene Villafane and Colin Keogh. The trio of engineers have been working in the 3D printing space for several years, and were always underwhelmed at the complexity, speed and precision of current 3D printing systems. “We have always wanted more from any 3D printing system we have used, higher resolution, faster printing, lower cost. We think these are vital if additive is to rapidly grow into more markets. Varying manufacturing needs require different printing methods and we plan to provide the solutions needed in a range of sectors” said CALT Dynamics CMO, Colin Keogh.
The CALT Dynamics team has a strong social conscience and wants to help increase the impact 3D printing can have on the world. They have been working with several projects and institutions, from universities to global NGO’s, to help provide improved output from 3D printers. They are keen to help address the UN’s global SDG’s, and already made a mark in the industrial and social fields, with team accolades including Irelands Best Young Entrepreneur (IBYE) & Forbes 30 Under 30 along with collaborations with the UN, Irish Government and other global charities. “We’re excited to develop creative solutions that have a positive social impact” said COO Irene Villafane.
The team joins a group of other pioneering manufacturing start-ups from around the world in a new custom-built manufacturing accelerator in Hartford, Connecticut. The other start-ups include Mani.Me, NanoQuan, Micron3DP, AstroPrint, Strucur3D, Inevntaprint, Castor, DisTech Automation, and Kwambio. CALT Dynamics will use this experience and support to kick off an initial funding round, searching for investment from around the world.
Each start-up receives $120,000 in funding, office & workshop space in a tailor made additive manufacturing facility in Hartford, Connecticut, and an intense 90-day accelerator programme, during which they will received mentorship, training and support to rapidly grow their business. The program starts July 16th, 2018, culminating in a "Demo Day," on October 11th, 2018, at which CALT will present the company in front of a contingent of TechStars, Stanley Black and Decker and private investors.