The Silicon Review
The next wave of manufacturing is going to be built around agility and customization - powered by 3D printing. Already an exploding multi-billion dollar industry with revenues growing in the double digits year over year, 3D printing continues to offer tremendous untapped potential, and R3 Printing is laser-focused on addressing it.
The most promising and successful startups are those that make something people need, and R3 Printing is building something undeniably necessary. They’re bringing the world high-performance additive manufacturing technology for the 3D-printed future. As the world starts to focus on agility and growth, R3 Printing’s focus on automation is getting noticed and is more relevant than ever before.
3D Printing the Future
The future of manufacturing is agile, and 3D printing is the only agile manufacturing technology. It’s going to add this element to every industry it touches - which is just about all of them - from automotive, to aerospace, to consumer products.
It’s the industrial machinery equivalent of stem cells - a 3D printer can be whatever it needs to be - printing strong yet ultralight parts for supercars one day, lifesaving ventilators and medical equipment the next. Given recent global events, the world is really noticing how agile manufacturing methods like 3D printing are becoming integral to the way things are made.
This begs the question: if this incredible new technology is the future of modern manufacturing, why isn’t it more common? It turns out that the 3D printing technology of today has an achilles heel of its own: cost. Manufacturing with 3D printers currently available on the market requires a substantial labor force to run and maintain the machines. This overhead gets passed along into the cost of manufacturing a 3D-printed part, pricing 3D-printed products out of the mainstream market.
R3 Printing’s products are radically engineered from the inside-out to solve this issue. By focusing on efficiency, reliability, and automation, R3 Printing is poised to disrupt the nearly $16 billion-dollar 3D printing industry with its future-ready product ecosystem.
Strategic Market Position
R3 Printing is a B2B company, with its initial target market consisting of on-demand manufacturers - businesses that offer 3D printing services as a sole or primary means of revenue. These businesses are eager to lower their overhead labor costs and increase their output capacity, and R3 Printing designed their products specifically with them in mind. In 2019, on-demand 3D printing services were a $4.9 billion-dollar market - up 20% from 2018.
The company eventually plans to expand their sales coverage to include other entities such as engineering, architecture, and product design firms, as well as educational institutions, such as universities.
What the leadership team gets really excited about is all the ways 3D printing is going to enter our homes and our daily lives. As CEO and Head of Product Paul Sieradzki says, “once there’s a network of sufficiently-automated service providers and we hit that tipping point where 3D printing goes from being a specialty service to a commodity service, we’re going to start seeing custom 3D-printed products in our lives on a daily basis.”
Examples the company gives include: custom 3D-printed helmets, insoles, or prosthetics - in all these examples and especially the last one, the consumer is acutely aware of what a price ceiling does to the quality of a product, and R3 Printing - armed with the power of next-generation additive manufacturing - is here to smash it.
A Roadmap to Success
R3 Printing’s impressive trajectory includes successfully raising funds through both venture capital and equity crowdfunding in order to fuel their vision, all while hitting some major milestones along the way.
They are rapidly growing a public-sector customer base, having secured partnerships with branches of the military like the United States Air Force - from which they received a SBIR government grant. Last year, the company also joined the ranks of women-led tech startups when Petra Wood joined R3 Printing as a board member and COO - an impressive and important addition to their leadership team.
The company has also taken great care to build a strong intellectual property portfolio, with patents on their key innovations in order to protect all of the core features and mechanisms of their product ecosystem - an essential measure to create an even bigger barrier between them and any future competitors.
The leadership team has big plans for R3 Printing, and the company’s roadmap goes far beyond their launch product. As CEO Paul Sieradzki states, “we didn’t just design a better 3D printer, we developed a future-focused platform for the ultimate additive manufacturing ecosystem.” R3 PrintGrid™ is the company’s solution for customers with extreme manufacturing capacity needs. By stacking R3 Printer units vertically and connecting them to a shared water cooling and power delivery system, their customers can operate even more efficiently by manufacturing more parts per square foot in their factories than ever before. Very smart, indeed.
Meet the founder behind the success of R3 Printing
Paul Sieradzki is the CEO and Head of Product at R3 Printing. From developing automation macros at a top investment bank to overhauling IT alerting capabilities at the world’s largest hedge fund, Paul’s focus on streamlining and automating operations is instrumental in leading R3 Printing to success. Paul is an alumnus of Fordham University in New York, and has also studied at Columbia University’s Fu Foundation School of Engineering and Applied Science.