Techniplas Attracts Lightweighting Software Innovator ParaMatters to its Open Innovation Program

LAS VEGAS, Jan. 9, 2018 /PRNewswire/ -- Techniplas, a leading global design and manufacturing provider of automotive products and services, announced today that ParaMatters, a leader in autonomous topology optimization and generative lightweighting design, joined its open innovation program. ParaMatters brings to Techniplas its revolutionary cognitive design platform that is capable of automatically generating additive manufacturing for high-performance, lightweighted structures within aerospace, automotive and other mission critical applications.

CES 2018 show attendees are invited to experience how Techniplas and ParaMatters are making additive manufacturing the lightweighting engine of choice for the automotive industry at Techniplas booth #9100 in the Las Vegas Convention Center.

"We are pleased to welcome ParaMatters as a full member of our program," said Avi Reichental, Vice-Chairman, Techniplas and CEO, Techniplas Digital. "Today's announcement paves the way for making additive manufacturing the lightweighting engine of choice for the automotive industry. With ParaMatters on board, we are bringing together some of the latest lightweighting and additive technology companies within Techniplas' expanding network, which is fast becoming the preeminent hub for industry 4.0 collaboration."

The lightweighting design service, powered by ParaMatters, is immediately available for use and can be easily accessed at www.techniplas.com/prime as part of Techniplas Prime's expanded digital manufacturing platform.

"We are excited to join the Techniplas open innovation program and bring to this vibrant ecosystem the ultimate generative design and lightweighting tool that the entire automotive industry has been waiting for," said co-founder and CTO Michael Bogomolny. "Together with Techniplas, we are transforming the entire design-to-manufacturing process by making it autonomous and automated to generate high-quality, optimized lightweighted designs."

In addition to speeding up the entire innovation cycle, ParaMatters advanced algorithms are designed to enhance the overall digital thread and additive manufacturing capabilities. This includes a new cloud-based, generative design platform that automatically, on demand, compiles lightweight and metamaterial lattice structures based on size, weight, strength, style, materials and cost that can be specified by designers or engineers.

About Techniplas

Techniplas is a leading global design and manufacturing provider of engineered products and services that are helping to shape the future of mobility. Our 2,000 associates around the world are passionate about making the connected world. By continuously expanding the reach of our data enabled cognitive technologies into everything we do, we deliver personalized, performance-enhanced and sustainable mobility. For more information, please visit www.techniplas.com.

About ParaMatters

ParaMatters is the leader in autonomous topology optimization and generative lightweighting design. The company's cloud-based cognitive design platform is capable of automatically generating additive manufacturing for high performance lightweighted structures within aerospace, automotive and other mission critical applications. ParaMatters is committed to transforming the entire design-to-manufacturing process by making it autonomous and automated to generate high quality optimized lightweighted designs and additive manufactured structures. For more information about ParaMatters, visit www.parammatters.com

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SOURCE Techniplas