Frank Herzog, Founder of Concept Laser, Wins 2015 Award for Entrepreneur of the Year in Additive Manufacturing

  • “European CEO” recognizes Concept Laser’s extraordinary growth
Award for Best CEO in the Additive Manufacturing Industry 2015 (Photo courtesy of Concept Laser GmbH, Lichtenfels)

Award for Best CEO in the Additive Manufacturing Industry 2015 (Photo courtesy of Concept Laser GmbH, Lichtenfels)

Lichtenfels, Germany, 16 October 2015: Yet another award for Frank Herzog, founder and CEO of Concept Laser: After being nominated for the 2015 German Future Prize, Frank Herzog has now been voted Best CEO in the Additive Manufacturing Industry 2015 by the London-based publication “European CEO”. The award recognizes the outstanding entrepreneurship that has made Concept Laser so successful in the past 15 years since the company was founded in 2000. The judging panel also honored Herzog’s achievements in the field of laser melting with metals that have contributed to additive manufacturing as a groundbreaking technology.

The publication “European CEO” in London has been presenting the CEO of the Year Award for more than 8 years. The network of journalists and industry insiders at “European CEO” observes influential trends, initiatives and developments across European industry as well as the executives and CEOs who shape it. The publication reports quarterly on the current activities of business leaders. A total of 4,000 executives in 28 European countries read the journal, according to the publication. The website receives 2.2 million visitors per month and the newsletter reaches 35,000 executives. All award winners will be presented once again in the latest issue of the publication, which will appear during the World Economic Forum in Davos, Switzerland, (21 – 23 January 2016).

The nomination process for 2015 CEO of the Year
The CEO of the Year Award recognizes outstanding business leaders. Each year, “European CEO” asks a panel of internal judges to identify entrepreneurs who they think will shape the future. The publication then ranks these leaders by the number of votes they receive from panel members. In 2015, three finalists were nominated for top CEO in additive manufacturing. As is so often the case, the jury engaged in heated debates about the merits of the nominees for each industry award.

“European CEO” selects Frank Herzog for outstanding entrepreneurship
The judging panel recognized Concept Laser’s consistently solid growth as an expression of Frank Herzog’s farsighted leadership. After increasing sales by 75% in 2014, Concept Laser continued its success with a further 35% increase in revenues during the first quarter of 2015. Whereas the company sold 45 systems during the same period last year, Concept Laser has already received 68 orders this year, a dramatic increase of nearly 50%. The company is planning to increase the number of machines sold even further to 150 units by the end of the year.Second quarter sales also grew by a further 35% compared to the same period last year. Once again, the revenue growth was solely due to sales of large-scale systems in the 1000W laser class, and demand from the aerospace industry in the USA. Staff numbers also increased by a further 30% compared to 2014 in the first half of 2015. The company currently employs 150 people and is continuing to grow.

In the past two years, the company has also made many investments in order to meet the structural challenges of this remarkable growth and set the stage for a successful future. In 2014, Concept Laser opened a new development center to expand its research and development activities for systems, processes and materials. The center is now home to approximately 50 employees in research and development. This was followed by a massive expansion of manufacturing and assembly capacities, culminating in a new and streamlined distribution center that opened in 2015.

Frank Herzog, CEO of Concept Laser: "As a company, we're happy that additive manufacturing is bringing about a paradigm shift in design and production environments. Future components will be more efficient, of higher quality, available faster and more cost-effective."  (Photo courtesy of Concept Laser GmbH, Lichtenfels)

Frank Herzog, CEO of Concept Laser: “As a company, we’re happy that additive manufacturing is bringing about a paradigm shift in design and production environments. Future components will be more efficient, of higher quality, available faster and more cost-effective.” (Photo courtesy of Concept Laser GmbH, Lichtenfels)

“European CEO” recognizes additive laser melting as outstanding technology
The award recognizes not only Frank Herzog’s entrepreneurship, but also his dedication and innovative contributions to additive manufacturing as a groundbreaking new technology. “This award is an important acknowledgment of Concept Laser’s innovations. As a company, we’re happy that additive manufacturing is bringing about a paradigm shift in design and production environments. Future components will be more efficient, of better quality, available faster and more cost-effective.”This paradigm shift in design means that lightweight designs, new integrated functions, improved topologies or bionic structural elements will become a crucial part of the way engineers approach design. Ultimately, the geometric freedom inherent to this process will give rise to a continuous stream of new product ideas. “Whenever the digital 3D product is better and more cost-effective, we begin a new chapter. I’m confident that 3D printing has an excellent future,” said Frank Herzog.

Background information: 15 years of Concept Laser
Concept Laser GmbH introduced the world’s first industrial laser melting system in 2001, one year after the company was founded by Frank Herzog as a start-up. Today, the pioneer with its LaserCUSING process holds 50 patents and there are 100 patents pending. 3D components are made from metal with superior features in a digital process chain; they would be impossible to manufacture using classic machining methods. With more than 400 installed systems, Concept Laser is one of the leading drivers of powder bed-based laser melting with metals, which is also a green technology. For example, the aerospace and automotive industries, medical and dental technology and other sectors are now focusing on 3D metal printing as a production strategy for the future and as an expression of Industry 4.0, the 4th industrial revolution.

Concept Laser trade fair appearances

  • BABC-PNW 2015 Aerospace Summit, Seattle (USA) – 03 November 2015
  • Airtec, Munich (Germany) – 03 – 05 November 2015
  • Swedental, Gothenburg (Sweden) – 12 – 14 November 2015
  • Formnext powered by TCT, Frankfurt (Germany) – 17 – 20 November 2015

Concept Laser GmbH
An der Zeil 8
D-96215 Lichtenfels, Germany
Phone:+49 (0) 9571 / 1679 – 0
Internet: www.concept-laser.de

Press Officer:
Daniel Hund
Phone: +49 (0) 9571 / 1679-251
E-mail: d.hund@concept-laser.de

About LaserCUSING®

Keyword: LaserCUSING®
The LaserCUSING® process is used to create mechanically and thermally stable metallic components with high precision. Depending on the application, it can be used with stainless and tool steels, aluminum and titanium alloys, nickel-based superalloys, cobalt-chromium alloys or precious metals such as gold or silver alloys.

Procedures
With LaserCUSING®, finely pulverized metal is fused using a high-energy fiber laser. After cooling, the material solidifies. Component contour is achieved by directing the laser beam with a mirror deflection unit (scanner). Construction takes place layer by layer (with each layer measuring 15-150 microns) by lowering the bottom surface of the construction space, then applying and fusing more powder.

Concept Laser systems stand out due to their stochastic control of the slice segments (also referred to as “islands”), which are processed successively. The patented process significantly reduces tension during the manufacture of very large components.

Concept Laser Overview
Concept Laser GmbH is an independent company based in Lichtenfels, Germany. Since its founding in 2000, it has been a leading innovator in the field of laser melting with the patented LaserCUSING® technology across many industries.

The term LaserCUSING®, a combination of the C from CONCEPT Laser and the word FUSING (to fully melt) describes the technology: the fusing process generates components layer by layer using 3D CAD data.

The method allows the production of complex component geometries without tools to create parts that are difficult or even impossible to achieve through conventional manufacturing.

With the LaserCUSING® process, conformal cooling can be used to create tool inserts as well as direct components for the jewelry, medical, dental, automotive and aerospace industries. This applies to prototypes and series parts.

The company offers both standard systems and custom concepts for metal laser melting. With Concept Laser, full-service as an option means that customers can either purchase their own metal laser melting systems or rely directly on service and development services.

Laser machining systems from Concept Laser process powder materials made from stainless steel, hot work tool steels, cobalt-chromium alloy, nickel-base alloy as well as reactive powder materials such as aluminum and titanium alloys. Precious metals such as gold or silver alloys for jewelry making are also an option.

LaserCUSING® offers new perspectives in terms of cost and speed for efficient product development in industries such as:

  • Jewelry
  • Medical and dental technology
  • Aeronautics and space industry
  • Tool and mold construction
  • Automotive and racing
  • Mechanical engineering

The systems reduce development time and costs substantially while offering much greater flexibility in product development.

The high quality standards, level of experience and successful track record of Concept Laser guarantee reliable and cost-effective solutions with proven performance in daily production, with a particular focus on unit cost reductions.

The art of LaserCUSING® by Concept Laser
Ideas for laser melting with metals in the following areas of application: automotive and motorsport, aerospace, medical and dental technology, die and mold making as well as the wider engineering business.

Source: Concept Laser GmbH

 

 

 

 

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