Arcam AB fka AMAVF

[mauser96]

($702,000 USD) from the EU's Regional Development Fund to build a laboratory for the powder bed with an electron beam as the heat source (EBM). that is another free gift to Arcam, because Arcam not only has lock in patents but has trade secrets. Only Arcam can do EBM

Maybe I am just an optimist but I believe at least some of these millions of dollars being spent on EBM research will yield some tangible results. In time, probably 5 - 10 years..

I know governments waste enormous sums of money on useless projects but they are usually vote buying projects and I don't see many votes being bought with this one.

So I assume that scientists knowledgable in EBM see it as paying off.