How much funding has Skuld raised?

Skuld has raised $9.0M in total funding. Key investors include LACI Cleantech Debt Fund, Mission Driven Finance, U.S. Department of Defense (DoD), Air Force Research Laboratory (AFRL), Defense Logistics Agency (DLA).

Who is the CEO of Skuld?

Sarah Jordan is the CEO of Skuld. The company was founded in 2015.

Where is Skuld located?

Skuld is headquartered in Piqua, Ohio, USA.

What funding stage is Skuld at?

Skuld is currently at the Active stage.

How many employees does Skuld have?

Skuld has approximately 11-50 employees.

Skuld

Name: AM Companies Database
Creator: AMPulse
License: https://creativecommons.org/licenses/by/4.0/

ServicePiqua, Ohio, USAFounded 2015· One of 1986 Service companies tracked by AMPulse

A manufacturing technology company that integrates additive manufacturing with traditional metal casting through its proprietary Additive Manufacturing Evaporative Casting (AMEC) process to produce complex metal parts.

CEO / Founder: Sarah Jordan
Team Size: 11-50
Stage: Active
Total Funding: $9.0M
Latest Round: Grant
Key Investors: LACI Cleantech Debt Fund, Mission Driven Finance, U.S. Department of Defense (DoD), Air Force Research Laboratory (AFRL), Defense Logistics Agency (DLA)

Technology & Products

Key Products

["Lightning Metal LM16 (Integrated 3D printing and casting hardware system)","AMEC (Additive Manufacturing Evaporative Casting) Process","Rapid Metal Prototyping & Low-Volume Production Services","Custom Alloy Casting and Metallurgical Consulting"]

Technological Advantage

The AMEC process enables the production of large, complex geometries that are often impossible or cost-prohibitive for Direct Metal Laser Sintering (DMLS). It utilizes lower-cost raw materials (ingots vs. expensive metal powders) and requires significantly less post-processing.

Differentiation

Value Proposition

Reduces lead times for complex metal components from months to days by eliminating the need for expensive traditional tooling (molds) while maintaining the superior material properties of cast metal at a lower cost than direct metal 3D printing.

How They Differentiate

Skuld utilizes a proprietary Additive Manufacturing Evaporative Casting (AMEC) process. Unlike Direct Metal Laser Sintering (DMLS) which uses expensive metal powders, Skuld 3D prints polymer patterns used in a lost-foam style casting process. This allows for the use of standard, low-cost metal ingots while achieving the complex geometries of 3D printing with the metallurgical integrity of traditional casting.

Market & Competition

Target Customers

Aerospace and defense contractors (DoD, AFRL), Tier 1 automotive suppliers, industrial foundries, and research institutions requiring rapid, low-volume metal production.

Industry Verticals

["Aerospace","Defense","Automotive","Energy","Heavy Industrial Machinery"]

Competitors

Desktop Metal (ExOne); Voxeljet; 3D Systems; Relativity Space

Growth & Milestones

Growth Metrics

Expanded to a 32,000 sq. ft. production facility in 2024; targeting a workforce of 125 employees by 2029.

Major Milestones

["Selected for the Innovation Crossroads program at Oak Ridge National Laboratory (2021)","Awarded $1.6M SBIR Phase II contract from the Defense Logistics Agency (2022)","Delivered flagship Lightning Metal LM16 system to the University of Tennessee (2023)","Opened new 32,000 sq. ft. manufacturing facility in Piqua, Ohio (2024)","Received the Winsupply Award for Entrepreneurial Excellence (2024)"]

Notable Customers

U.S. Air Force; Defense Logistics Agency (DLA); University of Tennessee at Knoxville; Oak Ridge National Laboratory (ORNL); U.S. Navy; U.S. Marine Corps

https://www.skuldllc.com

Recent coverage of Skuld

Why this company matters

Skuld occupies a niche between additive manufacturing and traditional foundry work. Its proprietary Additive Manufacturing Evaporative Casting (AMEC) process uses 3D-printed polymer patterns as sacrificial molds in a lost-foam style casting workflow. This eliminates the need for expensive metal tooling and avoids the high cost of metal powders required by direct metal laser sintering (DMLS). The result is a process that can deliver complex metal components in days rather than months, using standard ingots as raw material.

The company's core offering includes the Lightning Metal LM16, an integrated hardware system that combines 3D printing and casting, alongside rapid prototyping and low-volume production services. Skuld targets high-mix, low-volume applications where traditional casting tooling is cost-prohibitive and direct metal AM is too expensive or limited in build volume. The AMEC process can produce large geometries that are difficult or impossible with powder-bed fusion methods.

Skuld's primary customers are U.S. defense and aerospace organizations, including the U.S. Air Force, Navy, Marine Corps, Defense Logistics Agency, and the Air Force Research Laboratory. It also serves industrial foundries, automotive tier-1 suppliers, and research institutions. The company has worked with Oak Ridge National Laboratory through the Innovation Crossroads program and delivered an LM16 system to the University of Tennessee.

A key differentiator is the use of low-cost metal ingots instead of expensive spherical powders, combined with the metallurgical integrity of cast metal. This positions Skuld as a cost-effective alternative for mission-critical metal parts in defense and aerospace. The company expanded to a 32,000 sq. ft. facility in Piqua, Ohio in 2024 and targets a workforce of 125 by 2029. Its main competitive risk is the pace at which direct metal AM technologies reduce costs and increase build volumes, potentially narrowing the window for hybrid casting approaches.