Posted September 30, 2018 06:30:30With the economy reeling and the world economy slowing down, 3D printing company MakerBot is getting ready to get its hands dirty and make some prosthetic limbs.
MakerBot announced on Wednesday that it has developed a prosthetic that can be 3D printed on a MakerBot 3D Printer and can be printed in just minutes.
MakerBot has been making prosthetic arms for some time, but the company said it has now perfected the technology that makes it possible to 3D print prosthetic bodies.
The company also announced that it will be offering the technology to anyone who wants to use it.
“We’ve built a new class of prosthetic technology to take prosthetic design to a new level, combining cutting-edge fabrication techniques with a new approach to materials and fabrication,” MakerBot CEO Rob Marshall told Business Insider.
“It’s not just 3D modeling that allows us to do that, it’s also 3D sensing that allows the prosthetic to recognize what the user is looking at and translate it to the right parts,” he said.
Makerbot announced earlier this year that it had reached a milestone with the creation of its first 3D Printed Model of a human arm.
It’s possible that the new technology could be used to make prosthetic hands.
Makerbot said the 3D Printing technology it has invented will allow people to print the prosthetics themselves in less than five minutes and it will also be compatible with any 3D printers that can print 3D models of the human body.
It is still not clear whether the company will sell the 3d printed prosthetic, but it is looking to raise $500 million to develop the technology, which would be used for manufacturing and medical use.
Makerbots CEO Rob Smith said he thinks the company can help make prosthetics more accessible for the poor and homeless people.
“The 3D technology has a huge potential for helping us do more to improve the lives of those who have lost their homes and the lives that depend on them,” Smith said.”3D printing is the way of the future,” Smith added.
Maker’s announcement follows a flurry of announcements from the company.
Last week, Maker announced it had been awarded $1.5 billion in a round led by Alibaba Group, which also invested in the company in November.
Maker is also currently working on a $50 million investment in the venture capital firm Greylock Partners.
Earlier this month, Maker unveiled a $15,000 prize for people who can make the first 3d printable hand for a disabled person.
Maker said it will use the prize to create a prosthesis that is made entirely from 3D materials.
Maker also announced last week that it is adding support for 3D prints in the next version of its MakerBot Replicator 3D Printers, which is being marketed as a replacement for the current MakerBot i3 and i5 printers.
The company said in the announcement that it also plans to make its Makerbot Replicator 2 and Replicator 1 printers available to customers.