Henry Howard Finance (HHF) has provided finance to a Welsh university for a 3D printer to create surgical implants.
The Newport-based finance broker funded the purchase of the ArcamQ10, which creates products in titanium. Using data from CAT scans, the printer can identify and build the implant required.
According to HHF, the technology will allow the university’s engineering department to move forward with research, and assist in developing future 3D printers for medical and manufacturing use.
Mark Crook, chief operating officer, HHF, said: “Acquiring innovative technology is often costly and so it makes sense for companies to use asset finance.
“We are keen to support further innovation across the medical and manufacturing sectors, both in Wales and across the UK.”