OIC awarded $5 million to develop advanced manufacturing hub
Funding will be used to purchase metal additive manufacturing equipment.
WINNIPEG — The Orthopaedic Innovation Centre (OIC) has been awarded $5 million by the Western Canada Diversification Fund to develop an Advanced Digital Manufacturing Hub (ADMH) that will work to advance and commercialize 3D printing technologies.
The OIC is a non-profit corporation based in Winnipeg that focuses on orthopaedic technology development in collaboration with industry and post-secondary institutions. Technology development includes new prosthetics and lubricants.
The funding will be used to purchase metal additive manufacturing equipment for testing, development, precision measurement, and fabrication of advanced orthopaedic materials and technologies.
Aerospace manufacturing company, Magellan Aerospace, has also invested in the research and development of the hub to advance aerospace metal additive manufacturing capabilities.
Additive manufacturing company Stratasys is also a partner.
It is estimated that the additive manufacturing industry is expected to surpass $6.9 billion by 2019.