Incodema3D

ServiceFreeville, New York, USAFounded 2016· One of 2072 Service companies tracked by AMPulse

A production-scale metal additive manufacturing service provider specializing in complex, high-performance metal components for aerospace, defense, and industrial applications using Laser Powder Bed Fusion (LPBF) technology.

CEO / Founder: Sean Whittaker
Team Size: 51-200
Stage: Growth Stage
Total Funding: $13.1M
Latest Round: Strategic Investment
Key Investors: AFM Capital Partners, Sean Whittaker (Founder)

Technology & Products

Key Products

Production of complex, high-performance metal components with geometries and thermal properties that traditional manufacturing cannot efficiently replicate. Provides end-to-end manufacturing solutions from design through finished parts with aerospace-grade AS9100D and EOS AMQ certifications for mission-critical applications.

Technological Advantage

Combines massive production capacity (fleet expanding to over 50 EOS metal systems including M 290, M 300-4, M 400-4, and new M4 ONYX models) with deep expertise in qualifying parts to AS9100 standards for aerospace and defense. Exclusive EOS LPBF platform; June 2026 orders for 14 additional systems (5 immediate: 4x M 400-4 + 1x M4 ONYX; 9 more: 4x M4 ONYX, 2x M 400-4, 3x M 300-4) under AFM Capital majority ownership. Targeting ~3x manufacturing capacity by 2030 with existing Freeville facility expansion and a planned second facility; 50% YoY growth cited mid-2026. Partnerships with Elementum 3D, 6K Additive, Solukon, and CNC OEMs support full powder-to-finished-part vertical integration.

Differentiation

Value Proposition

Enables production of complex, high-performance metal components with geometries and thermal properties that traditional manufacturing cannot efficiently replicate, providing end-to-end manufacturing solutions from design through finished parts with aerospace-grade AS9100D and EOS AMQ certifications for mission-critical applications.

How They Differentiate

One of the largest metal AM service providers in the US with fleet expanding to 50+ exclusive EOS machines (among the largest EOS metal fleets globally, adding M4 ONYX), full vertical integration from design through post-processing with in-house CNC, EDM, and quality inspection, AS9100D/EOS AMQ certifications, and aggressive capacity scale-up (second facility + ~3x capacity by 2030) for mission-critical aerospace and defense production

Market & Competition

Target Customers

Aerospace and defense prime contractors, space industry manufacturers, energy sector companies, and industrial manufacturers requiring complex metal components with stringent quality requirements.

Industry Verticals

Aerospace & Aviation, Defense & Military, Space & Satellite Systems, Energy & Power Generation, Industrial Manufacturing, Advanced Technology Hardware

Competitors

GE-Arcam AB division, Materialise, Stratasys Direct Manufacturing.

Growth & Milestones

Growth Metrics

Completed 20,000+ projects since 2016; ~60,000 sq ft Freeville NY facility expanding; fleet moving to 50+ EOS metal systems after June 2026 orders for 14 additional machines; 50% YoY growth (mid-2026); plan to triple manufacturing capacity by 2030 and open a second facility with significant hiring under AFM Capital ownership

Major Milestones

Founded in 2016 as metal AM spinoff from Incodema Group, Completed 20,000+ manufacturing projects, Achieved AS9100D and EOS AMQ certifications, Secured Federal Firearms License (2017), Established one of largest EOS metal AM fleets in US, Completed vertical integration with CNC machining and post-processing (2016), Secured PPP loan for $826K (Apr 2020), Completed facility sale-leaseback with ME Commercial (Sep 2024), AFM Capital majority stake acquisition (Mar 2026), Ordered 14 additional EOS metal systems (fleet to 50+), facility expansion and second facility planned; ~3x capacity target by 2030 (Jun 2026)

Notable Customers

Major aerospace prime contractors; Defense contractors; American Standard (luxury faucets); Energy sector companies

https://www.incodema3d.com

Recent coverage of Incodema3D

Equipment deals on record

Publicly disclosed purchases or installs only.

EOS M 400-42026-06-02Buyer: Incodema3D · Supplier: EOS
EOS M 300-42024-07-11Buyer: Incodema3D · Supplier: EOS
EOS M 300-42024-04-11Buyer: Incodema3D · Supplier: EOS
EOS M 300-42022-12-13Buyer: Incodema3D · Supplier: EOS

View full equipment ledger

Why this company matters

AMPulse analysis, not a company disclosure

Incodema3D positions itself as a production-scale metal additive manufacturing service provider focused on complex, high-performance components for aerospace, defense, and industrial end markets. Founded in 2014 as a spinoff from Incodema Group, the company has shifted from an R&D-heavy operation to production-focused manufacturing, completing over 20,000 projects since 2016. Its core differentiation is scale: a fleet of 35+ EOS laser powder bed fusion (LPBF) machines—including M 290, M 300-4, and M 400-4 models—housed in a single 60,000 sq ft facility in Freeville, New York.

The company offers end-to-end manufacturing solutions, from design through finished parts, with in-house CNC machining, EDM, quality inspection, and program management. This vertical integration allows Incodema3D to control quality and lead times for mission-critical applications. It holds AS9100D and EOS AMQ certifications, enabling it to serve aerospace primes and defense contractors requiring stringent quality standards. Materials include titanium, Inconel, stainless steel, and aluminum alloys, sourced through partnerships with Elementum 3D and 6K Additive.

Incodema3D's strategic exclusive partnership with EOS since 2012 provides access to the latest direct metal laser sintering (DMLS) technology and continuous platform improvements. The company also holds seven AM technology patents related to component manufacturing and additive processes. A majority stake acquisition by AFM Capital in 2024 provided capital for growth, and the company has raised $13.1M total. Key competitors include GE Additive's Arcam division, Materialise, and Stratasys Direct Manufacturing.

An open question is how Incodema3D will maintain its production throughput advantage as LPBF machine costs decline and more in-house capacity comes online at aerospace primes. Its deep specialization in thermal management systems for defense and space applications may provide a moat, but the service bureau model faces margin pressure from both customer insourcing and competing technologies like binder jetting.