Benzinga | Aug 17, 2021 12:18PM EDT

ExOne Partners With Maxxwell Motors On Development Of 3D Printed Copper Windings

* ExOne Co (NASDAQ:XONE) collaborates with Tennessee-based startup Maxxwell Motors to develop a unique copper e-winding design for its axial flux electric motors, which can be used in electric cars as a range of other heavy-duty vehicles and industrial devices.

* Maxxwell holds nine U.S and global patents and has launched two products, a 10 kW air-cooled motor-generator and a 150 kW liquid-cooled motor.

* ExOne and Maxxwell have successfully proved a new concept for binder jet 3D printing, a high-efficiency design in copper that eliminates many of the challenges of traditional manufacturing.

* Price Action: XONE shares are trading lower by 3.33% at $23.065 on the last check Tuesday.