12-16-2022: Hexagon AB announced $100 million investment in Divergent Technologies
The investmen was aimed to accelerate the transformation of the automotive industry toward a more sustainable and efficient production model
On December 16, 2022, Hexagon AB announced a $100 million investment in Divergent Technologies Inc. aimed to accelerate the transformation of the automotive industry toward a more sustainable and efficient production model. Divergent was a pioneer in green manufacturing technologies and has developed the first modular, digital factory system for automotive production.
Divergent Technologies was founded in 2014 in Torrance, California, by Kevin Czinger—a visionary who recognized the need to revolutionize the traditional car manufacturing model. Together with Lukas Czinger, co-founder and Vice President of Operations, they built a company that has become a key player in the transformation of the automotive and aerospace industries. With Hexagon’s support, Divergent embarked on developing a global network of factories based on its DAPS system, designed to serve multiple OEMs.
DAPS (Divergent Adaptive Production System) integrated AI-optimized generative design, 3D printing, and automated assembly to create lightweight, durable automotive components. This process not only enabled rapid design iterations but also significantly reduced energy and material consumption. As a result, DAPS facilitated the production of more efficient vehicles, with weight reductions of up to 70%, leading to substantial improvements in energy efficiency.
Divergent has also gained recognition for producing exceptional hypercars under the Czinger Vehicles brand. The 21C model, often referred to as the fastest production car in the world, exemplifies the advanced application of DAPS technology in the automotive sector. Protected by over 500 patents, the company has set a new standard in manufacturing, breaking down geographical, capital, and environmental barriers.
Hexagon’s investment in Divergent marked a milestone toward a sustainable future. Through its innovative technologies, Divergent is not only reshaping the way cars are produced but also contributing to the reduction of CO2 emissions and introducing a new paradigm in industrial manufacturing.
Source: www.hexagon.com