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In a landmark move set to accelerate Saudi Arabia's advanced manufacturing, application development and reverse engineering capabilities, the Saudi Electricity Company (SEC) signed an agreement to join The Saudi Arabian Industrial Investment Company, (Dussur), and global 3D printing pioneer (3D Systems) (NYSE:DDD), as a strategic investor in the National Additive Manufacturing and Innovation Company (NAMI). Further strengthening the company's position as a national leader in additive manufacturing.
Since its establishment, NAMI has been shaped by the strategic vision of its founding shareholders to lead the industrial transformation through additive manufacturing across priority sectors in the kingdom. The company was launched to localize advanced manufacturing technologies and enable knowledge transfer, positioning it as a leading force in modern industrial capabilities.
Founded to champion the adoption of additive manufacturing across key sectors such as energy, aerospace & defense, automotive, consumer goods, and medical industries, NAMI is at the forefront of delivering cutting-edge 3D printing solutions tailored to the Kingdom's industrial needs.
In recent years, NAMI has developed a strong capability to offer additive manufacturing solutions within The Kingdom including the full range of advanced polymer and metal printing technologies, along with a highly skilled application engineering organization to support the rapidly growing Saudi customer base. Since its inception in 2022, NAMI has built a fully capable application center and component manufacturing facility in Riyadh, utilizing 3D Systems' most advanced printing systems including the DMP Factory 500 and DMP Flex 350 Dual for metal components, and the SLS 380 and SLA 750 for polymer products, all of which are needed to support its collaboration with the SEC and other emerging customers in The Kingdom.
These solutions are being used to deliver high-performance components such as pump impellers, fuel burners, motor fans, heat sinks, and heat exchangers while reducing SEC's physical inventory requirements. SEC's investment reflects its strategic ambition to optimize its supply chain by digitizing its inventory, lowering spare part costs, and increasing supply chain agility, a move aligned with its broader digital transformation and localization goals.
The addition of SEC as a strategic shareholder will enhance NAMI's credibility within the energy sector, while reinforcing its ongoing commitment to other industries. With strong backing from Dussur, 3D Systems, and now SEC, NAMI is well-positioned to accelerate its growth and establish itself as the national leader in additive manufacturing.
As both a strategic investor and a core customer, SEC will play a vital role in expanding 3D printing infrastructure within the energy sector and driving the broader industrial application of additive manufacturing across the Kingdom.
Posted In: DDD
