Magnum Venus Products
Manufactures Reactive Additive Manufacturing (RAM) systems for large-scale thermoset composite printing, enabling cost-effective fabrication of medium-to-large parts with modular build volumes up to 4x8 feet.
- CEO / Founder
- Tobi Ferguson
- Team Size
- 201-500
- Stage
- Active
- Total Funding
- Undisclosed
Technology & Products
Key Products
Magnum Venus Products (MVP) manufactures fluid movement and production solutions for industrial applications in composites and adhesives. Their product portfolio includes adhesive systems, applicators and spray guns, barrier coat systems, cartridge filling systems, chopper/wet-out systems, closed molding accessories, gelcoat equipment, and additive manufacturing equipment (RAM systems).
Technological Advantage
Patented Fluid Impingement Technology (FIT) reduces emissions by 90% compared to conventional spray-up methods; RAM system achieves 99.5% material utilization vs. 70-80% in traditional composite manufacturing.
Differentiation
Value Proposition
Reduces production costs for large composite parts by 30-50% compared to traditional molding methods, cuts lead times from months to days, and enables on-demand manufacturing of custom-sized components with minimal tooling.
How They Differentiate
RAM system offers 3x larger build volume (4x8 ft) than Continuous Composites' CF3D, at 40% lower cost-per-part for thermoset composites; proprietary fluid handling technology provides superior material control vs. Arevo's FDM approach.
Market & Competition
Target Customers
Industrial manufacturers in composites, marine, aerospace, wind energy, and infrastructure sectors requiring large-format additive manufacturing of thermoset materials.
Industry Verticals
Marine; Aerospace; Wind Energy; Infrastructure; Transportation; Oil & Gas; Pool & Bath; Automotive
Competitors
Due to their specialized focus on large-scale thermoset composite printing, direct competitors are not easily identifiable through public sources. Their primary competition may come from traditional manufacturing methods or companies developing similar niche additive manufacturing technologies.
Growth & Milestones
Growth Metrics
Revenue estimated $47.5M-$94.7M; 200-244 employees with 7% growth last year; expanded manufacturing with $20M investment in East Tennessee facilities.
Major Milestones
1938: Company founded; 1954: Patented internal mix fiberglass spray technology; 2000: Formed as Magnum Venus Products through acquisition; 2021: Launched RAM 48 additive manufacturing system; 2022: Introduced ACE coating equipment and CARE service solution; 2023: Acquired by MeaVia Partners; 2024: Partnership with LestaUSA for robotic automation
Notable Customers
Ford, Chrysler, GM, GE, Redneck Ramps, BlueWind