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Uniformity Labs, Inc. Makes Senior Executive Appointments in Business Development and Sales as the Business Begins to Scale

February 23, 2021/Uniformity Labs/Press Release

Uniformity Labs (Uniformity), a leading additive manufacturing (AM) company that is revolutionizing industrial 3D printing processes, has appointed Geoffrey Doyle as Vice President of Business Development and Walter Tersigni as Vice President of Sales – both reporting directly to CEO Adam Hopkins. The appointments follow the completion of a $38.35 million Series B financing round announced earlier this month.


Before joining Uniformity full-time, Geoffrey Doyle was a founding advisor to the board of directors. He is an entrepreneur with an extensive background in venture capital and innovation. For the last decade, he has been working with and advising companies developing additive manufacturing and 3D scanning technologies, many of which were acquired by large US companies. Before joining Uniformity, he was Director of Business Development at Jabil Inc., most recently focused on strategy and M&A for the healthcare division. He was also a Jabil Additive leadership team member with responsibilities for strategy, customer engagements, and defining new business models for metal additive manufacturing.


Walter Tersigni is a results-driven sales executive with more than 20 years of sales management experience in the highly competitive technology industry. He joins Uniformity Labs after supporting leadership roles for three Fortune 500 Electronics Manufacturers - Sanmina, Flex, and, most recently, Jabil Inc., where he served as Vice President of Business Development. Walter was responsible for global sales and business development for Jabil’s Green Point division.


“We’re delighted to have the services of two highly-experienced business development executives as we begin to scale the business globally,” said founder and CEO Adam Hopkins. “Their deep industry knowledge and track record of success are critical to helping us communicate the fundamental value that our technology delivers.”


“What attracted me to Uniformity from the beginning was the deep scientific approach Adam and the team created to address a key problem of metal AM adoption – high cost per part due to long processing time in expensive equipment,” Doyle said. “By applying simple physics to solve a complex AM process challenge, Uniformity greatly improves part strength and accuracy, reducing cost and increasing commercial viability – this is great for AM adoption. The advancements their technology is making in thermal Powder Bed Fusion, and powder-based processes like Binder Jetting will transform the industry.”


“I am very excited to be part of the team driving the next stage of growth at Uniformity,” Tersigni said. Adam and the team have created game-changing technology and processes that will transform the AM industry.”


Uniformity Labs develops breakthrough material and software solutions to accelerate and expand global commercial/industrial 3D printing (AM) markets. Its patented technology enables significant cost savings, speed, and quality improvements across all mainstream AM printers. Uniformity’s feedstock materials and print processes dramatically impact the AM value chain by increasing the reliability and efficiency of printing.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Frank De Maria – 347 647 0284
frank.demaria@purposefulcommunications.com

Uniformity Labs, Inc. Uncloaks with $38 Million Raise to Accelerate Growth

February 2, 2021/Uniformity Labs/Press Release

Uniformity Labs (UL), a leading additive manufacturing (AM) company that is revolutionizing industrial 3D printing processes, has completed a $38.35 million Series B financing round. In this latest round, existing investors were joined by new investment from financial and strategic investors.


“This marks a significant milestone in our next phase of growth as we scale our game-changing metal feedstock and print applications businesses to greatly improve the 3D printing value proposition for major manufacturers,” said Adam Hopkins, founder and CEO of Uniformity Labs. “What’s important about this round is the level of commitment from new financial and strategic industry investors, which stands as an important endorsement of our technology and business model.”


The proceeds of this round of funding will predominantly drive the expansion of its production capability and the development of additional specialized materials. It will also fuel the growth of the senior team, particularly in the sales and marketing function – a process that will ramp up substantially over the course of 2021.


“As its founding investor, IP Group is excited to see Uniformity Labs poised to disrupt the AM market.  Adam Hopkins and his team have done a tremendous job developing the core technology created in Professor Sal Torquato’s labs at Princeton University to unlock the potential of powder-based manufacturing.  UL is an excellent example of our focus on supporting the commercial development of innovative hard science from premier research institutions like Princeton,” said Michael Burychka, CEO of IP Group, Inc.


The Series B round included an investment to finance plant construction from a fund managed by Orion Resource Partners, a global alternative investment management firm with approximately $6.3 billion under management. Orion is one of the world’s leading investors in the mining, metals processing, and metal commodity trading industries.


“Orion is pleased to make its first investment into the additive manufacturing and metals atomization industries through Uniformity Labs. We look forward to supporting their growth within this rapidly evolving industry,” said Oskar Lewnowski, the Chief Investment Officer of Orion Resource Partners.


Uniformity Labs develops breakthrough material and software solutions to accelerate and expand global commercial/industrial 3D printing (AM) markets. Its patented technology enables significant cost savings, speed, and quality improvements across all mainstream AM printers. Uniformity’s feedstock materials and print processes dramatically impact the AM value chain by increasing the reliability and efficiency of printing.


Armory Securities acted as exclusive financial advisor and placement agent for UL for the Series B round. Mercator Partners, an asset manager located in Princeton, NJ, helped arrange and close the financing.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Frank De Maria – 347 647 0284
frank.demaria@purposefulcommunications.com

General Motors Veteran, Alan S. Batey Adds Deep Industry Experience to the Board of Uniformity Labs

December 15, 2020/Uniformity Labs/Press Release

Leading additive manufacturing (AM) company, Uniformity Labs, Inc. is in the fortunate position to have auto industry veteran, Alan S. Batey as an advisor to the company’s senior management team, following his appointment to its board of directors in January 2020. A mechanical engineer by training, Mr. Batey has more than 40 years of international automotive experience. He has served in a variety of senior executive roles on the ground in Europe, the Middle East, Asia and the US for GM. Most recently, Mr. Batey was President of GM North America and Chevrolet Global Brand Chief, where he was responsible for the firm’s largest and most profitable region with over US$110 billion in revenue and over 100,000 employees.


A mechanical engineer by training, Mr. Batey has more than 40 years of international automotive experience. He has served in a variety of senior executive roles on the ground in Europe, the Middle East, Asia and the US for General Motors. Most recently, Mr. Batey was President of GM North America and Chevrolet Global Brand Chief, where he was responsible for the firm’s largest and most profitable region with over US$110 billion in revenue and over 100,000 employees.


“As a leader in the global automotive industry, Alan’s knowledge is invaluable to us as we take Uniformity to the next level of development,” said Adam Hopkins, founder and CEO of Uniformity Labs. “His commercial expertise is proven and we are benefitting greatly from his unique perspective not only in the auto industry, which is a pivotal market for us, but also from his experience scaling businesses globally.”


“AM has clearly been a disruptor in the sectors where it has been adopted. Uniformity’s approach is transforming the commercial and industrial 3D printing industry, greatly improving the quality of parts, reducing cost and making it more accessible to a wider range of industries,” said Alan Batey. “After meeting Adam and the team, I was convinced that I wanted to be part of the team that is driving innovation in this space.”


Uniformity Labs is an additive manufacturing (AM) parts, printing, and metal feedstock producer that has pioneered revolutionary refining and printing processes that significantly enhance the 3D printing value proposition. Its feedstock materials and print processes have a dramatic impact on the AM value chain by increasing the speed, quality, reliability, and efficiency of printing, and by improving printing economics.


For more information please visit our website – www.uniformitylabs.com


Media contact:
Frank De Maria – 347 647 0284
frank.demaria@purposefulcommunications.com