Thanks for the info. Your opinions confirm what I thought and posted to Trader's question. Even if successful, this technology like the ebam he was so concerned with, is far in the future and does not pose any near term competition to Arcam. No competition in practicable terms, no need to be scared and no need to post fear that it might be competition.
I also agree with you there will be a lot more uses for EBM as research persists and arcam is well positioned. My only area of disagreement with you, given that aerospace engine production is scheduled to begin mid 2016 or thereabouts, and the blades are well towards the end of their 2 year certification/qualification period, is that we are more in the 4th inning as progress should be rapid once EBM benefits and uses in volume manufacturing are confirmed. Nice to have someone knowledgeable who does not see boogey man competition behind every corner.