Baker Hughes
Baker Hughes provides energy and industrial customers with advanced additive manufacturing solutions, from design and material science to part production and digital inventory management.
- CEO / Founder
- Lorenzo Simonelli
- Team Size
- 10000+
- Stage
- Public
- Total Funding
- Publicly Traded
- Latest Round
- IPO
- Key Investors
- The Vanguard Group, BlackRock, Dodge & Cox, Capital World Investors
Technology & Products
Key Products
Baker Hughes offers a broad portfolio including production solutions, industrial technology solutions (gas and steam turbines), hydrogen technologies, digitalization, artificial intelligence, and automation capabilities. Key product brands include Masoneilan control valves and Consolidated pressure relief valves.
Technological Advantage
The use of AM shortens supply chains, reduces inventory costs through digital warehousing, and accelerates innovation cycles. It enables the creation of parts that are lighter, stronger, and more efficient than those made with traditional methods.
Patent position
Its patent focus shifted toward Equipment, rising from 46% to 63%, while Materials fell from 79% to 69%. AMPulse analysis
- Filing momentum
- 23 families filed 2022–2024, 31 in 2019–2021
- Focus, 2019–2021 → 2022–2024
- Materials 79% → 69%Equipment 46% → 63%
- Filed in
- US 45%WO 27%EP 19%CN 13%
77 AM patent families in total. Recent years are still being published, so read a filing change against the same-office figure.
Differentiation
Value Proposition
Reducing lead times for critical components, enabling digital inventory for on-demand production, and engineering next-generation parts with improved performance, reliability, and sustainability.
How They Differentiate
Baker Hughes differentiates itself by being both a primary user and a provider of AM services. Their internal use in the high-stakes oil and gas industry serves as a powerful validation of their capabilities, unlike competitors who may only offer AM as a standalone service.
Market & Competition
Target Customers
Internal Baker Hughes product lines, and external clients in the oil & gas, renewables, power generation, aerospace, and automotive industries.
Industry Verticals
Oil & Gas, Power Generation, Aerospace, Automotive, General Industrial
Competitors
SLB (Schlumberger), Halliburton, NOV, Weatherford, TechnipFMC
Growth & Milestones
Growth Metrics
Successfully produced and installed tens of thousands of additive parts for internal and external projects. Expanded AM services into new industrial markets through key partnerships.
Major Milestones
2017: Merger with GE Oil & Gas, significantly expanding its technology portfolio., 2020: Partnership with Würth to expand AM services globally., 2023: Successful implementation of Oqton Manufacturing OS to optimize and scale AM production., 2024: Announced partnership with the National Additive Manufacturing and Innovation Company (NAMI) to develop a local AM supply chain in Saudi Arabia., 2026-07-16: Completed $13.6B acquisition of Chart Industries, establishing it as Baker Hughes' third operating segment.
Notable Customers
Baker Hughes works with global energy giants such as ExxonMobil and Shell, and maintains long-standing relationships with customers across various regions.
AM patents
AM-relevant patents linked to this company.
- Patents
- 83
- Granted
- 24
- Families
- 77
Leading domains: process (80), material (55), equipment (31)
Filings by year: 2025: 1 · 2024: 7 · 2023: 1 · 2022: 18 · 2021: 23 · 2020: 10
- DOWNHOLE FILTER20260225009 · US
- Representative component, method of designing representative component, method of forming and testing representative component, and method of qualifying additive manufacturing system117794721 · CN
- ADDITIVE MANUFACTURING SYSTEMS WITH A CONTAMINANT REMOVAL SYSTEM AND METHODOLOGIES FOR REMOVING CONTAMINANTS DURING ADDITIVE MANUFACTURING PROCESSES04630196 · EP
- METHODS OF FORMING AND USING THREE-DIMENSIONAL STRUCTURES WITH OPEN PORE NETWORKS TO FORM SINTERED POLYCRYSTALLINE COMPACTS, AND COMPACTS FORMED BY SUCH METHODS20260054313 · US
- Fabrication method for rotary bits and bit components05957006 · US
Funding rounds
- Merger/Corporate Restructuring$7.4B2017-07Lead: General Electric · Source: SEC Filings, GE Investor Presentation