RUSSELSMITH PURCHASES WARPSPEE3D AND ANNOUNCES STRATEGIC PARTNERSHIP TO BRING SPEE3D’s COLD SPRAY ADDITIVE MANUFACTURING TO WEST AFRICA
17 July 2024 - 2:00PM
UK Regulatory
RUSSELSMITH PURCHASES WARPSPEE3D AND ANNOUNCES STRATEGIC
PARTNERSHIP TO BRING SPEE3D’s COLD SPRAY ADDITIVE MANUFACTURING TO
WEST AFRICA
Energy Solutions Provider Becomes Regional Partner and
Value-Added Reseller to Deploy, Train, Sell, and Support SPEE3D
Technology in West Africa
Nigeria, West Africa, July 17, 2024 (GLOBE
NEWSWIRE) -- SPEE3D, a leading global additive manufacturing
company, announced a strategic partnership with RusselSmith to
bring SPEE3D's cold spray additive manufacturing (CSAM) solution to
West Africa. RusselSmith is a leading integrated energy solutions
provider focusing on sustainable, innovative technology solutions.
As part of the agreement, they will become a regional partner and
value-added reseller for SPEE3D products – deploying, training,
selling, and supporting customers in the region's oil and gas,
defense, and commercial industries.
In addition, RusselSmith has purchased a WarpSPEE3D printer to
become a strategic sourcing partner to produce cold spray metal
parts in Africa. The WarpSPEE3D uses patented SPEE3D technology,
which enables significantly faster and more scalable production
than traditional manufacturing. It builds parts up to 40 kg – or 88
lbs. – with a diameter up to 1m x .7m – or 40" x 30" – in hours
versus days. This rapid speed transforms metal printing into an
on-demand manufacturing solution.
Nigeria has one of the region's most vibrant energy sectors,
including oil and gas. However, the industry is challenged with
sustaining and maintaining equipment on aging assets due to supply
chain issues and difficulty procuring legacy parts, causing
significant operational delays. SPEE3D and RusselSmith intend to
fill the gap between needed and available parts by manufacturing
them locally, helping companies improve their operations and reduce
costs. RusselSmith is the only organization qualified by the
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy
industrial non-metallic additive manufacturing solutions in the oil
and gas industry. RusselSmith was also recently inducted into the
Additive Manufacturing Green Trade Association (AMTGA) and is
currently the only African member company.
"SPEE3D is committed to the growth and development of additive
manufacturing globally, and we're thrilled to bring our cold spray
additive manufacturing solution to West Africa," said Byron
Kennedy, CEO of SPEE3D. "Partnering with RusselSmith is a huge win
for us – they are a respected leader bringing the latest additive
manufacturing technologies to the region and helping solve major
supply chain issues for the oil and gas and defense and other
commercial industries. Together, we will not only bring the
WarpSPEE3D printer to the region, but their support as a
value-added reseller will ensure customers will have the sales,
support, and training they need for all of our
technology."
"In response to prevailing challenges in the
supply chain of legacy parts in Nigeria and across the continent,
RusselSmith has set out to promote the adoption of additive
manufacturing technology in Africa to produce vital spare parts for
the energy sector and other industries. We are building our
capacity by developing a robust additive manufacturing ecosystem
through deliberate investments and strategic partnerships with
world-class additive manufacturing companies," said Kayode Adeleke,
CEO of RusselSmith. "Our partnership with SPEE3D is a game changer
for us – they are the leader in advanced metal additive
manufacturing technology using their patented cold spray
technology. This partnership enables us to rapidly manufacture
high-quality parts on demand, locally and sustainably, leveraging
the innovative cold spray technology to improve our customers'
operational uptime. Our focus at RusselSmith is to be Africa's
leading provider of advanced digital and deployable additive
manufacturing solutions for enhancing operational efficiency on the
continent, and we aim to achieve that 'one part at a time.'"
About RusselSmith:
RusselSmith is a leading Integrated Energy Solutions provider with
a focus on technology solutions for Asset Integrity Management,
Oilfield Management, Smart Manufacturing, and Sustainable Energy.
RusselSmith's services are designed to help its customers operate,
manage, optimize, and extend the productive lives of their energy
assets in safe and sustainable ways. To learn more, visit
www.russelsmithgroup.com/
About SPEE3D:
SPEE3D is a leading metal additive manufacturing technology company
dedicated to the research, development, and delivery of metal 3D
printers and integrated systems utilizing its patented Cold Spray
Additive Manufacturing (CSAM) technology. As a result, SPEE3D's
product portfolio enables significantly faster production than
traditional metal manufacturing for a wide range of metals,
including Copper, Aluminium, Stainless Steel, Aluminum Bronze, and
now, Nickel Aluminium Bronze Expeditionary. To learn more, visit
www.spee3d.com.