The additive manufacturing industry is set to change in a big way by 2016. This is the year that General Electric (NYSE:GE) plans to leverage its purchase of the newly acquired Morris Technology to accomplish full-scale production of the LEAP engine's fuel nozzles using additive manufacturing. The LEAP engine will be used in Boeing's 737-MAX airplane, and the use of additive manufacturing in its production will be the first time in history that the technology has been used on a scale this large.
At this year's AUVSI Unmanned Conference in Washington, D.C., Motley Fool analysts Blake Bos and Rex Moore stopped by GE's Additive Development Center booth to see just how the company is approaching this monumental task. Investors in any additive manufacturing company should take note of these developments, as any moves a company the size of GE makes will surely affect the entire industry. Watch the video below as Mike Cloran, marketing manager of GE's Additive Development Center, explains how GE plans to use the technology and what printers the company is using today.
Blake Bos has no position in any stocks mentioned. Rex Moore has no position in any stocks mentioned. The Motley Fool recommends 3D Systems, ExOne, and Stratasys. The Motley Fool owns shares of 3D Systems, ExOne, General Electric Company, and Stratasys and has the following options: short January 2014 $36 calls on 3D Systems and short January 2014 $20 puts on 3D Systems. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.