Fast Radius opens new technology campus

Fast Radius has opened its newest manufacturing technology campus including a microfactory and software technology center. The digital manufacturing and supply chain company’s new campus replicates the award-winning microfactory operating model it previously opened. That facility was recognized by the World Economic Forum as one of the nine best factories in the world, implementing technologies of the Fourth Industrial Revolution at scale.

The Goose Island campus also includes space for software development, manufacturing technology development, a customer experience center, and general offices. The location will expand Fast Radius’ manufacturing technologies, software capabilities and capacity available through the Cloud Manufacturing Platform.
Fast Radius has built a Cloud Manufacturing Platform that integrates a suite of software products and a network of state-of-the-art factories. The company’s software and services help customers to design component parts, optimize them for production, make them when and where they’re needed, providing transparency through the production lifecycle and supply chain.

All Fast Radius microfactories and the company’s network of suppliers are connected to its Cloud Manufacturing Platform. Customers are able to collaborate on part designs and gather real-time intelligence. They are then able to make and fulfill parts where and when they want, thereby increasing the sustainability of their work and eliminating wasteful logistics steps along the way.

Fast Radius’ microfactory network—including a microfactory in UPS’ Worldport facility in Louisville, Kentucky—has served more than 2,000 global customers. Customers like Rawlings, Aptiv, and Satair are already using Fast Radius’ microfactories and Cloud Manufacturing Platform for cost-effective production and management of industrial-grade parts.
“There’s an ever-increasing need for innovative and sustainable manufacturing and supply chain solutions, and our Goose Island campus is designed to help meet those needs,” said Lou Rassey, Co-founder and CEO of Fast Radius. “We’re proud to be part of how the world and Chicago makes new things possible, contributing to the city’s path to being a global hub and leader in technology and advanced manufacturing.”

Gary Forger is Digital Editor - SCMR.com. He is responsible for news, blogs and research reports on SCMR.com. He can be reached at [email protected].

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