High quality 3-D printers commonly used in commercial settings cost between $25,000 and $250,000.
3-D Printers require a high level of expertise and are very costly to operate, service, and manage.
Few companies utilize these expensive investments to their full potential or have the staff to support them.
Until now, because no other concept existed, many companies have been forced to make large investments in 3-D printers and the support staff. Most of the time, printers are forgotten or under-utilized, due to the heavy learning curve that comes with first time 3-D printer ownership.
Another solution companies currently turn to is to outsource their 3-D printing needs. However with this approach, quality tends to be inconsistent, and extensive lead times are common. Thus preventing it from being a cost effective solution.
Vector Technology Systems(VTS) has devised the solution to these issues. You can directly own an interest in a 3-D printer, and we take over all maintenance, support, and printing responsibilities. For small and mid-sized companies the cost savings can be huge when comparing to outsourcing or purchasing a 3-D printer.
The FOI program provides true ownership, without the cost and headache associated with overseeing production, and without the huge up-front capital outlays.
Here is how Fractionalized Ownership Interests (FOI) works:
So, what happens if a FOI owner requires a more elaborate print job than usual? We have built that solution into our program: Our FOI owners have access to upgraded machines and alternative materials.
The commitment is only to buy that percentage interest which will likely be used. So, if a FOI owner needs a printer around 15% of the time, then that party will be allowed to acquire a 15% fractionalized interest.
Our FOI program is not right for everyone. However, it is right for a large number of companies, and for those companies, they will see that they will be able to obtain the highest of quality work with no wait times and significant savings.
Vector Technology Systems is the first to do this in the additive manufacturing space. However, fractionalized ownership interests are well tested and have proven highly beneficial to fractionalized owners. A well-known example in another industry is NetJets, which offers fractionalized ownership interests in airplanes. While the asset is different, the underlying issues and structure are similar. NetJets’ clients, who either don’t want to or cannot afford the cost of owning a 100% interest in a jet, can purchase a FOI. In the same fashion as Vector’s clients, the NetJets’ clients are also relieved of management, service, and operational burdens. This concept works. NetJets operates as a successful subsidiary of Berkshire Hathaway, a holding company controlled by Warren Buffett.
Please make an appointment with our Team. Let us answer any questions that you might have and provide you with an analysis which will inform as to whether this program is right for you. Call us at (602) 595-3155