Equispheres

Canadian company Equispheres offers materials for additive manufacturing (AM), targeting automotive, aviation, space, defense, and semiconductor industries. Its product portfolio comprises spherical metal powders and metal spray coating applications that use patent-pending atomization technology. Equispheres offers solutions to ease new customers into using its products by guiding them to integrate the powder into their existing production systems. According to the company, by using their material, part production costs could be reduced by around 50% while improving the dimensional accuracy of parts by around 50% and the speed of printing by 4x.

Key customers and partnerships

In April 2022, Equispheres entered a strategic partnership with Japan’s Taiyo Nippon Sanso Corporation (TNSC) to jointly improve the economics and quality of additively manufactured parts in the Japanese market. Equispheres has also partnered with German AM company Aconity3D to use Equispheres’ material with the latter’s AM machines and to distribute powders to its customers.

Funding and financials

In January 2022, Equispheres received USD 3.5 million from the Federal Economic Development Agency for Southern Ontario (FEDDEV) to accelerate the production of metal powder materials. The company stated that three new reactors will be added in 2022 to increase production capacity.

In April 2024,  the company raised ~USD 14.6 million in a Series B funding round led by Martinrea International, to introduce multiple reactors to support existing production, expand facilities, and collaborate with strategic partners for new materials.