Concept Laser was founded in the German town of Lichtenfels in 2000. Two years later, it began supplying its first 3D metal printing systems around the world. Today, 15 years after the company was founded, it boasts over 550 systems installed worldwide. Through its research department and collaboration with universities, Concept Laser has constantly innovated and improved. Already the owner of over 50 granted patents, the 3D printing company has another 100 pending approval. Businesswise, it has seen stellar performance as of late, with growth of 75 percent and a total of 110 laser melting systems sold in 2014.