3D Printing
News Videos Newsletter Contact us
Home / News / Greenwood Power Secures €5.1M to Boost Production with 3D Printing



Greenwood Power Secures €5.1M to Boost Production with 3D Printing

September 29, 2023

Greenwood Power has garnered €5.1 million in funding to escalate its operations and potentially set up manufacturing in the US.

The Austrian firm specializes in power and voltage sensors that are integral to gas and air-installed local substations. The sensors are engineered to mitigate grid destabilization induced by varying production and demand, and the company is employing additive manufacturing in their production.

Greenwood Power Secures €5.1M to Boost Production with 3D Printing
A traditionally made voltage sensor from Greenwood Power. (Image Credit: Greenwood Power)

“Our highly precise sensors are specifically designed for retrofitting local grid substations and stand out from the competition due to our cost-effective 3D printing manufacturing process,” says Greenwood Power CEO Norbert Juschicz.

“We are currently researching a system where our sensors send power and voltage data to a central data processing system. Deviations from normal operation will be automatically detected and reported to the grid operator.”

The hefty investment is fueled by Austrian VC firms eQventure and tecnet equity, and is directed towards quintupling Greenwood Power’s global market share to a solid ten percent.

The ambition doesn’t end here; the company is also diving into research to devise a system where sensors convey real-time power and voltage data to a centralized processing hub. This will enable automatic detection and notification of any operational discrepancies to the grid operators.

The venture reflects a potent blend of 3D printing technology with intelligent venture capital infusion, fortifying Austria’s footprint in the burgeoning global market of power and voltage sensors.

Come and let us know your thoughts on our Facebook, Twitter, and LinkedIn pages, and don’t forget to sign up for our weekly additive manufacturing newsletter to get all the latest stories delivered right to your inbox.

Share:
WhatsApp Twitter Facebook LinkedIn Buffer Reddit E-mail
About the author | Phillip Keane
Phillip is an aerospace engineer from UK. He is a graduate of Coventry University (UK), International Space University (France) and Nanyang Technological University (Singapore), where he studied Advanced Manufacturing at the Singapore Centre for 3D Printing.
Latest posts

Accelerating Robotics: 3D Printed Wheels and Drone Motors

Padmalaya Rawal, a robotics maker, has developed a high-speed robot wheel using 3D printing and a modified drone motor. His design addresses the... read more »

Electronics
Accelerating Robotics: 3D Printed Wheels and Drone Motors

Immensa Scores $20 Million Series B Funding for Digital Warehouse

Immensa, a leader in additive manufacturing in the MENA region, recently raised $20 million in Series B funding. This move is significant in... read more »

News
Immensa Scores $20 Million Series B Funding for Digital Warehouse

Prusa Introduces Binary G-code Format for Enhanced Space Efficiency

Prusa has introduced a new binary G-code format, .dubbed “bgcode”, aimed at improving space efficiency in 3D printing. Traditional G-code, though widely used... read more »

News
Prusa Introduces Binary G-code Format for Enhanced Space Efficiency

Researchers Create Temperature-Responsive Polymer Composite for Robotics

Researchers at the University of Illinois Urbana-Champaign, in collaboration with the University of Houston, have developed a novel 3D printed polymer composite. This... read more »

Materials
Researchers Create Temperature-Responsive Polymer Composite for Robotics

Automotive Company Adopts Digital Inventory for 3D Printed Spares

MAN Truck & Bus has adopted digital inventory management for spare part manufacturing, particularly for parts no longer in production. This approach was... read more »

News
Automotive Company Adopts Digital Inventory for 3D Printed Spares

SOLIDWORKS 2024 Released: What’s New?

Dassault Systèmes has released SOLIDWORKS 2024, the latest incarnation of its 3D design and engineering software (and this writer’s go-to CAD platform). The... read more »

News
SOLIDWORKS 2024 Released: What’s New?

A Closer Look at HyperLok™ – KPD’s High-Temp Bed Adhesive

There are many factors affecting the adhesion of FDM prints to a print bed, be it incorrect print settings, dodgy filament, or warping... read more »

News
A Closer Look at HyperLok™ - KPD’s High-Temp Bed Adhesive

Mechnano and Tethon3D’s ESD Resin Passes NASA Outgassing Tests

Mechnano, in collaboration with Tethon3D, has announced that their C-Lite vat photopolymerization resin has passed NASA's ASTM E595-77/84/90 outgassing tests. This high-temperature resistant... read more »

News
space applications

Maker Demonstrates 3D Printing Spheres Without Supports

A recent demonstration by “DaveMakesStuff” on Hackaday has showcased an efficient method for 3D printing spheres, a typically challenging shape for filament printers.... read more »

News
Support-free spheres

Social

  • Facebook Facebook 3D Printing
  • Linkedin Linkedin 3D Printing
  • Modix BIG Meter Modix BIG Meter
    980 x 1000 x 1000 mm
    from $13,500
    Request a Quote
  • Industry MAGNUM Industry MAGNUM
    1500 x 1200 x 1200 mm
    €159.000
    Request a Quote
  • Modix BIG-180X Modix BIG-180X
    1800 x 600 x 600 mm
    from $15,500
    Request a Quote
Join our newsletter

Our newsletter is free & you can unsubscribe any time.

Featured Industries

  • Automotive
  • Aerospace
  • Construction
  • Dental
  • Environmental
  • Electronics
  • Fashion
  • Medical
  • Military
  • Modix BIG Meter Modix BIG Meter
    980 x 1000 x 1000 mm
    from $13,500
    Request a Quote
  • Industry MAGNUM Industry MAGNUM
    1500 x 1200 x 1200 mm
    €159.000
    Request a Quote
  • Modix BIG-180X Modix BIG-180X
    1800 x 600 x 600 mm
    from $15,500
    Request a Quote



Company Information

  • What is 3D Printing?
  • Contact us
  • Join our mailing list
  • Advertise with us
  • Media Kit
  • Nederland 3D Printing

Blog

  • Latest News
  • Use Cases
  • Reviews
  • 3D Printers
  • 3D Printing Metal

Featured Reviews

  • Anycubic Photon Mono M5s
  • Creality Ender 5 S1
  • The Mole 3D Scanner
  • Flashforge Creator 3 Pro

Featured Industries

  • Automotive
  • Aerospace
  • Construction
  • Dental
  • Environmental
  • Electronics
  • Medical
  • Military
  • Fashion
  • Art
2023 — Strikwerda en Dehue
  • Home
  • Join our mailing list
  • Contact us
Blog
  • Latest News
  • Use Cases
  • Reviews
  • 3D Printers
  • 3D Printing Metal
Featured Industries
  • Automotive
  • Aerospace
  • Construction
  • Dental
  • Environmental
  • Electronics
  • Medical
  • Military
  • Fashion
  • Art
Company Information
  • What is 3D Printing?
  • Contact us
  • Join our mailing list
  • Advertise with us
  • Media Kit
  • Nederland 3D Printing