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|MakerBot and TechShop Join GE’s Collaborative Innovation Strategy|
, June 18, 2014 --
• MakerBot will partner with FirstBuild on open innovation challenges, using 3D printing to design parts that will enhance the convenience and functionality of major appliances
• TechShop and FirstBuild will partner to challenge TechShop community members to co-create on the FirstBuild website; winning products will receive a lump-sum award for their TechShop location
As part of a continuing effort to partner with other forward-leaning manufacturing companies and communities, GE (NYSE:GE) today announced two new partnerships with MakerBot and TechShop that will harness the global brain of the maker community to bring innovative, new products to market faster.
“GE continues to foster collaborative relationships to drive innovation through cutting-edge manufacturing models and partnerships that are redefining how ground-breaking products are made,” said Kevin Nolan, vice president of technology for GE Appliances.
Building on the partnership with Local Motors announced earlier this year, the new partnerships with MakerBot and TechShop will enhance GE’s collaboration with engineers and makers, providing additional opportunities to engage this community as they develop the next generation of major home appliances through FirstBuild, an online co-creation and micromanufacturing community.
In addition to this summer’s upcoming co-creation challenges, FirstBuild has two co-creation challenges currently in progress.
Once the winning designs have been selected by the FirstBuild community, the global community will harness its collective brain power to determine the engineering specifications. A limited quantity of the products will be made by the FirstBuild microfactory1 in Louisville, Kentucky, and the most popular products can potentially scale up to mass production, affecting millions of homes and leading to royalties for the FirstBuild community members who have made the most significant contributions.
The products will be sold on site at the FirstBuild store or can be ordered online at FirstBuild.com. Retail pricing will be announced when the products become available later this year.
To learn more about all the challenges, visit www.firstbuild.com.
Microfactory, Inc. is a wholly owned subsidiary of GE, and FirstBuild is a registered trademark of Microfactory, Inc.
About GE Appliances
About Local Motors
Founded in October 2006, TechShop is a membership-based, do-it-yourself (DIY) workshop and fabrication studio that provides access to a vibrant community of creative makers and millions of dollars' worth of facilities, equipment, tools and software in each location. Based in San Jose, Calif., with locations globally, TechShop offers classes, workshops, instruction and training for people of all ages and skill levels to build whatever they can dream.For information on memberships and course listings, visit www.techshop.com, email email@example.com or call 855-TECHSHOP. You can follow TechShop on Twitter at @TechShop and on Facebook as TechShop Incorporated.
TechShop currently offers a number of investment opportunities. For more information, or to RSVP for one of our upcoming live webinars, visit invest.techshop.com.
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