Frost & Sullivan Names Divergent 3D 2016 North American Innovation Award Winner
Divergent 3D's technology to deliver excellent customer value and increase return on investment by reducing manufacturing and assembly costs.
MOUNTAIN VIEW, Calif., May 3, 2016 /PRNewswire/ -- Based on recent analysis of structural manufacturing in the automotive industry, Frost & Sullivan recognizes Divergent 3D as the recipient of the 2016 North American Technology Innovation Award. Divergent 3D's proprietary 3D metal printing process, enabled by direct metal laser sintering (DMLS), is a huge leap forward for chassis manufacturing. The technology can easily be deployed in automotive and other applications to optimize performance, enhance energy efficiency, and lower emissions.
According to Frost & Sullivan Research Analyst, Doraiswamy Bharath Sunderraj, "Divergent 3D's chassis system can be applied to any vehicle type, from sports cars to pickup trucks. Because the chassis system is lightweight and reduces the overall weight of the vehicle, it can slash the total lifecycle emissions of a passenger vehicle in half and diminish the capital cost of designing and manufacturing vehicles by 10 times."
"It is an honor to be recognized by Frost & Sullivan for our innovation that stands to transform the automobile industry," said Kevin Czinger, Founder & CEO, Divergent 3D. "This 2016 North American Technology Innovation Award is validation of our ongoing efforts to revolutionize car manufacturing by reducing the pollution and production costs of traditional manufacturing, resulting in a sustainable path forward for the car industry."
According to Frost & Sullivan's analysis on Divergent 3D, "an efficient and refined structural manufacturing technology in the automotive sector is needed" as four billion more vehicles will be produced by 2050. Frost & Sullivan calls Divergent 3D's innovative approach to manufacturing a "dematerialized, high quality, and light weight chassis system which radically decreases vehicle pollutant emissions, withstands extreme forces, and delivers high performance with increased fuel efficiency, providing users with an excellent return on their investment."
At the center of Divergent's groundbreaking solution is the Node™, a 3D-printed alloy joint that connects standardized materials into modular, complex structures. Frost & Sullivan confirmed that "the 3D printed Node™ technology uses less energy and raw materials than traditional methods, and allows manufacturers to quickly print and build complex structures without the need for metal tooling and stamping equipment." Additionally, the weight of the Node™-enabled chassis is up to 5x lighter than that of traditional cars, despite being stronger and more durable. Further, Frost & Sullivan stated: "the 3D Node™ technology has broad appeal and is expected to be used by automakers in Europe, Asia, and the United States in the next two to five years, and has the potential to set a benchmark through its installation in vehicles of all types."
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing and leveraging new technologies that impact both the functionality and the customer value of the new products and applications. The award lauds the high research and development (R&D) spend towards innovation, its relevance to the industry, and the positive impact on brand perception.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Divergent 3D
Divergent 3D is dedicated to revolutionizing car manufacturing and reducing its environmental impact on the planet. Led by Founder & CEO Kevin Czinger, Divergent 3D has created the Divergent Manufacturing Platform™, which radically transforms the economics and environmental impact of designing and manufacturing complex structures such as cars. Divergent 3D aims to put these new tools of production and innovation into the hands of teams all around the world, resulting in a sustainable path forward for the car industry and beyond. For more information, visit www.divergent3d.com.
About Frost & Sullivan
As a Growth Partnership company, Frost & Sullivan collaborates with clients to leverage visionary innovation to address global challenges and related growth opportunities that could make or break today's market participants.
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For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1,000; emerging businesses; the public sector; and the investment community.
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