Fast Radius, Inc. (FSRD)

Overview

Fast Radius, Inc. is a company that specializes in utilizing advanced cloud technology to enhance manufacturing processes and provide digital supply chain solutions. The firm has developed a pioneering Cloud Manufacturing Platform that aids engineers, product developers, and supply chain specialists throughout all phases of the product lifecycle, beginning with the early stages of concept and design, progressing to fabrication, and culminating in the final delivery of products. His diverse range of capabilities allows for various production methods to be employed, including but not limited to, additive manufacturing, CNC machining, and injection molding. Fast Radius was established in Chicago, Illinois, in 2015. However, on November 7, 2022, the company, along with its affiliated entities, voluntarily filed for Chapter 11 reorganization proceedings in the U.S. Bankruptcy Court for the District of Delaware to address its financial challenges.

Products and Services

• Cloud Manufacturing Platform

  This innovative platform integrates various manufacturing processes, making it easier for users to manage and optimize production from concept to delivery. It permits real-time collaboration among teams, enhancing the overall efficiency and effectiveness of the product development lifecycle.

• Additive Manufacturing (3D Printing)

  Fast Radius employs state-of-the-art 3D printing technology to create complex geometries and prototypes quickly. This method is particularly useful for low-volume production and rapid iterations, enabling faster time-to-market and reduced material waste.

• CNC Machining

  This precision manufacturing process allows for the machining of complex parts from a variety of materials. CNC machining offers high accuracy and repeatability, making it ideal for producing components that require stringent tolerances.

• Injection Molding

  Fast Radius offers injection molding services that cater to high-volume production needs. This process is suitable for creating detailed plastic parts and components, optimizing manufacturing efficiency while maintaining quality standards.

• Sheet Metal Processing

  The company provides sheet metal processing services, using advanced techniques to fabricate components ranging from simple brackets to complex enclosures. This service is integral for industries that demand durable and precise sheet metal parts.

• Urethane Casting

  Fast Radius utilizes urethane casting for creating high-quality prototypes and low-volume production runs. This method provides flexibility in design and material selection, ideal for applications where fine details and surface finish are essential.

• Supply Chain Solutions

  Fast Radius’s digital supply chain solutions streamline the management of production and logistics, combining innovative technology with real-world insights to improve overall operational efficiency for their clients.