TVEL launch a subsidiary ‘Rusatom Additive Technology’

ROSATOM’s Fuel Company TVEL has established a special purpose subsidiary “Rusatom – Additive Technologies”. The new company as the industrial integrator will manage development of additive manufacturing technologies in ROSATOM.

The executive management of RusAT is commencing work in February, 2018. The company is to focus on four key areas, such as manufacturing of 3D-printers and their components, production of materials and metal powders for 3D-printing, software development for additive systems and services, rendering 3D-printing services and introduction of additive manufacturing technologies at industrial enterprises.

Equipment and consumables will be produced at Rosatom enterprises, mainly at the two facilities of TVEL Fuel Company in Novouralsk, the Urals region of Russia, NPO Tsentrotech and Ural Electrochemical Integrated Plant.

RusAT as the industrial integrator will coordinate product development and its further elaboration while ensuring the orders pipeline and contracts. The business target of the new company is to grow its annual revenue up to RUB 50 B by 2025.