This operation is additional to 2.7 million euros of grants awarded to Saturne Technology by the Économie du Grand-Duché of Luxembourg to support their significant investment in state-of-the-art technology over the next 3 years. The company also has the support of local banking partners such as the SNCI.

Saturne Technology is an SME with a team of 19 people that was founded in 2001 by its current Director, Walter GRZYMLAS. The Luxembourg based company operates on an international level and has developed sophisticated know-how in laser techniques for cutting, drilling, welding and laser cladding. It has gained a specialized focus on laser metal additive manufacturing by securing several production partnerships. Saturne Technology operates in several market sectors, including cutting edge industry, aeronautics, aerospace, the transport industry and the medical sector. Over the last ten years, the company has gained reputed know-how and progressed strongly on the market of laser metal additive manufacturing.

The new funds raised will enable Saturne Technology to continue its investment and to accelerate, to both grow its capacity and to integrate a range of services pre and post additive manufacturing. Indeed, the company has a solid order book for the coming years. Saturne Technology has certified a number of parts which will go into production in 2022 and its needs in terms of capacity are set to grow in the short, medium and long term. Furthermore, the funds raised will help to strengthen the current team with the foreseen recruitment of a Production Director and a Sales Executive for large accounts, and also, to continue ambitious investment in R&D, with the aim to maintain the head start secured in terms of know-how, optimization and parts finishing.

Following the development phase, the company’s goal is to be producing 15 tons of ready-to-use parts through additive manufacturing by 2024.

«We are constantly being solicited for new parts and by new customers. Since the end of 2020, projects have accelerated, and our portfolio of multi-year strategic projects has grown significantly. We now need to get organized so that we can cater to these markets. This fund raising round provides us with significant means to move into a new dimension, grow stronger and become a renowned player as a mass producer in metal additive manufacturing. The complementary nature of the funds participating to the operation will be a real advantage for the company as it experiences strong growth in the coming years. » Walter Grzymlas, Founder and Managing Director of Saturne Technology. Investment bank NATUREO FINANCE (Romain Merceret et Ludovic Froment) and the KAUFHOLD & REVEILLAUD (Matthieu Groetzinger et Houssein Ouled Larabi) firm supported the company throughout this financing operation. Within this context, Christophe Rouvière, President of NATUREO FINANCE states: “This structuring operation in Saturne Technology’s history will serve to underpin its industrial and commercial development as it continues on towards its objective of becoming a European leader in metal additive manufacturing. The arrival of new long term financial partners with a strong entrepreneurial and industrial DNA in Saturne’s capital will strengthen the company governance and open a lot of doors for commercial opportunities and partnerships in the European industrial sector.”

Guillaume Laffineur, Partner at Demeter « Saturne Technology is a kind of industrial start-up. We are a far cry from the « techno push » approach. Acquired know-how can not be patented, but customer satisfaction reflects the head start the company has got in terms of integration and production quality. Saturne Technology’s value proposition is a real game changer for its customers that can reach their objectives in terms of lighter parts, improved functionality and reduced production delays… It is truly satisfying to see the continuation of high value-added mass production in Europe. The European Fund for Materials managed by Demeter is a long term investor at Saturne Technology. We have helped them to build this value chain and to structure the company. The time has come to accelerate and rise to the challenge. We are happy to renew our commitment and trust in this team.»

Thierry François, Partner at Akiles « We are thrilled to be at the table and to enable Saturne Technology to strengthen its positioning as the European leader in the metal additive manufacturing market. The recent referrals Saturne Technology has received from numerous iconic actors will strengthen and accelerate its growth. »

Xavier Dethier, Managing Director at Eurefi « This operation is an inspiring cocktail made up of a passionate Director and a diversified pool of investors including different personalities who have a common vision and common objectives. We are impressed by the work done to date and the potential of Saturne Technology. We are convinced the company has the teams and they will soon have the new machines that will allow them to hit their goals for all stakeholders involved.»

Jacques Maigné, Innovation Fund
« Innovation Fund is delighted to be a contributor through its investment to the design and manufacturing of highly technical parts that will sustainably revolutionize daily life for all: transport, aerospace, health ...
A deciding factor for us to join this fantastic venture was the trust we place in the team and its management. »