Within a short period, the company has already secured more than 30 orders for this industrial 3D printer from performance-oriented organizations including BAE, Sikorsky, the US Department of Defense and US Department of Energy EDEN PRAIRIE, Minn. & REHOVOT, Israel / Sep 10, 2024 / Business Wire / Stratasys (NASDAQ: SSYS) announced today that it has already received more than 30 orders for its advanced... Read more
Up to 50% Improvement in File Processing and Printing Speeds of Complex High-Quality Patterns New Processor Supports Faster Time to Market for Metal Cast Parts EDEN PRAIRIE, Minn. & REHOVOT, Israel & LEUVEN, Belgium / Sep 09, 2024 / Business Wire / In collaboration with Materialise, Stratasys Ltd. (NASDAQ: SSYS) today announced the launch of the Stratasys Neo® Build Processor for Investment Casting, a... Read more
Axtra3D printing capabilities complement digital manufacturer’s advanced photopolymer offering with highly precise and repeatable printed parts in days. MINNEAPOLIS / Sep 09, 2024 / Business Wire / Digital manufacturing leader Protolabs expanded its 3D printing capabilities today with the launch of an advanced photopolymers technology. Axtra3D Hybrid PhotoSynthesis (HPS) offers highly repeatable and finely... Read more
The nickel-based superalloy is the first 100% recycled metal to be qualified for use on Desktop Metal binder jet 3D printing platforms DM and Continuum Powders will continue to partner on development of recycled powders for metal binder jet 3D printing applications Technical experts will be on hand at IMTS 2024 to discuss this powder in DM’s booth on Level 3 of the West Building at McCormick Place from Sept.... Read more
Strategic partner Baker Hughes deploys Oqton Manufacturing OS as its production solution for additive-driven manufacturing workflow in Houston, Texas Enables on-demand additive manufacturing for regulated markets, improves efficiency & enables scalability leveraging power of real-time monitoring Provides full factory-floor workflow integration, automation, control, & optimization from part design... Read more
New Origin Two 3D Printer with Origin Cure Features Exceptional Accuracy, Repeatability and Surface Finish Comparable to Injection-molding Breakthrough solution is part of Stratasys’ complete offering across the production cycle, bringing manufactures the unique advantages of additive manufacturing for both scale and low-volume production EDEN PRAIRIE, Minn. & REHOVOT, Israel / Sep 04, 2024 / Business Wire... Read more
Advanced software tool maximizes material removal from casting pattern interiors for cleaner burnout, more efficient draining Customers realizing up to 50% reduction in material consumption, multi-hour reduction in build times Step change in material efficiency has demonstrated cost competitiveness with traditional injection molded wax patterns Expands on Company’s pioneering solution that is recognized as the... Read more
The Wichita State University organization will use their new Sapphire 1MZ to research performance-based qualification of metal 3D-printed parts FREMONT, Calif. / Sep 03, 2024 / Business Wire / Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing technology company for mission-critical parts, today announced that the National Institute for Aviation Research (NIAR) has purchased a Sapphire 1MZ printer... Read more
Company Successfully Transitions from R&D to Commercial Phase with Four Strategic Deals Secured in First Half of 2024, All While Reducing Expenses By More Than 50% Anticipates Generating Substantial Recurring Revenue Growth in 2025 Rehovot, Israel, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins and 3D printing technologies, is... Read more
ROCK HILL, S.C., Aug. 29, 2024 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today its financial results for the second quarter ended June 30, 2024. Second Quarter Financial Results and Recent Business Highlights (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted) Q2'24 revenue of $113.3 million increased 10.1% quarter-over-quarter... Read more
Revenue of $138.0 million, compared to $159.8 million ($154.6 million net of divestments) in second quarter 2023, related to ongoing impact of current macroeconomic environment on customer capital equipment purchasing Year-over-year growth in recurring consumables revenue of 6.3% reflects continued strong printer utilization Improved GAAP gross margin by 230bps and non-GAAP gross margin by 50bps compared to... Read more
WALTHAM, Mass., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Markforged Holding Corporation (NYSE: MKFG), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced the FX10 Metal Kit, a print engine that brings metal printing capability to the FX10. With this kit, the FX10 becomes the world’s first... Read more
ROCK HILL, S.C., Aug. 20, 2024 (GLOBE NEWSWIRE) -- 3D Systems Corporation (NYSE:DDD) announced today its financial results for the first quarter ended March 31, 2024. First Quarter Financial Results and Recent Business Highlights (All numbers are unaudited and are presented in millions, except per share amounts or as otherwise noted) Q1'24 revenue of $102.9 million decreased 15.1% year-over-year... Read more
Best Quarter in Nano Dimension’s History Continued Improvement in Financial Strength and Transformational M&A Transaction Quarterly Revenue Sets Record at $15.0 Million Up 2% from Q2/2023 Gross Margin Improvement of 136 bps 45.4% in Q2/2024, Up From 44.1% in Q2/2023 Adjusted Gross Margin Improvement of 75 bps 48.1% in H1/2024, Up From 47.3% in H1/2023 Company Reduces Net Cash Burn by... Read more
Continued Focus on Realignment Priorities Company Institutes Additional Cost Reduction Programs Strategic Review Process Remains Ongoing Q2 2024 sales update 2024 year to date bookings of $21 million; >40% of orders from existing customers $17 million in backlog exiting Q2 2024 Continued defense sector expansion – >20% of 1H’24 shipments Reduced quarterly operating expenses Down 37% year over... Read more
Company plans to file its 2023 Annual Report on Form 10-K after market on August 13, 2024 Significant filing delays and added costs were experienced due to extended close activities and related audit procedures in connection with the 2023 audit Final 2023 financial results yielded no change to revenue, and slight improvement in net loss, versus preliminary results filed on February 28, 2024 No restatement of... Read more
WALTHAM, Mass., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced its financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Results Compared To Second Quarter 2023 Revenue was $21.7 million compared to $25.4... Read more
LEUVEN, Belgium / Jul 31, 2024 / Business Wire / Materialise NV (NASDAQ:MTLS), a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, today announced its financial results for the second quarter ended June 30, 2024. Highlights – Second Quarter 2024 Total revenue increased 6.2% to 68,797 kEUR compared to 64,810 kEUR for the second quarter of 2023. Gross profit... Read more
Revenue of $38.9 million compared to $53.3 million for the same period a year ago Q2 net loss of $(103.4) million, impacted by one-time noncash charges related to accelerated amortization and depreciation on certain intangible and fixed assets Adjusted EBITDA of $(13.2) million, an improvement from $(15) million from Q2 2023 Quarterly GAAP operating expenses increased to $69.1 million due to accelerated... Read more
Report Details Company’s Dedication to Sustainable Business Practices and Ethical Standards Rehovot, Israel, July 29, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins production and 3D printing production technologies, proudly announces the submission of its Communication on Progress (CoP) for January-December 2023, to the United Nations Global Compact... Read more
Expands Product Portfolio with Launch of New Plant-Based White Fish Kebabs Expected to Generate Revenue and Enhance Operations, Supporting Steakholder Foods’ Plans for Market Expansion Rehovot, Israel, July 23, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in alternative proteins production and 3D printing production technologies, today announced an agreement with... Read more
Based in Houston, Texas, AmPd Labs offers additive manufacturing services using three Desktop Metal Shop System printers, paired with two other DM furnaces, in addition to other manufacturing technologies Launched in June, PureSinter offers one-run debinding and sintering of metal parts produced with either additive manufacturing or traditional manufacturing methods in a 15.8L retort In development for five... Read more
Digital manufacturing leader meets challenge from NASA engineers to rapidly manufacture a generatively designed space travel apparatus; delivers part in 36 hours MINNEAPOLIS / Jul 17, 2024 / Business Wire / In coordination with digital manufacturing leader Protolabs, engineers at NASA recently showcased the power of their AI-driven design tool at the PowerSource Global Summit, an annual conference bringing... Read more
NAMI purchased 3D Systems’ metal DMP Factory 500 and DMP Flex 350 Dual solutions, and polymer SLS 380 solution to produce parts for Saudi Electricity Company — improving supply chain efficiency Demonstrates positive effects of manufacturing locally and impact of making additive manufacturing more accessible to catalyze innovation 3D Systems’ solutions driving growth of additive manufacturing use in energy... Read more
Collaboration intended to catalyze metal AM applications in high-criticality markets Precision Resource integrating two 3D Systems DMP Flex 350 Dual printers into manufacturing workflow to support efforts DMP Flex 350’s best-in-class environmental control, inert atmosphere ensures exceptionally high-quality parts for precision applications ROCK HILL, S.C. and SHELTON, Conn., July 08, 2024 (GLOBE NEWSWIRE) --... Read more
Well-Capitalized Combined Company with Strong Financial Profile and 2023 Revenue of $246M, 28% from Recurring Revenue Poised for Significant Value Creation from Complementary Product Offerings and Deeper Diversified Global Customer Penetration Focus on Reaching Profitability and Capitalizing on Growth Potential Through Greater Scale as Industry Continues Shift to AM Designed-for-Manufacturing... Read more
Revenue of Approximately $14.8 Million – Up 11% From the Previous Quarter Signals Strong Sales In spite of Industry Headwinds Waltham, Mass., July 03, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing... Read more
Aligning Stratasys’s deep technical expertise and leadership in the aerospace industry with AM Craft’s distributed production model for certified aviation parts positions both companies for sustained growth in aviation part manufacturing EDEN PRAIRIE, Minn. & REHOVOT, Israel & RIGA, Latvia / Jun 24, 2024 / Business Wire / Stratasys Ltd. (NASDAQ: SSYS) and aviation manufacturing pioneer AM Craft,... Read more
The large-format printer will be configured for Aheadd CP1, supports the continued development of critical defense-related high-critical programs and opportunities initiated by Velo3D FREMONT, Calif. / Jun 24, 2024 / Business Wire / Velo3D, Inc. (NYSE: VLD), a leading metal additive manufacturing technology company for mission-critical parts, today announced Mears Machine Corporation, a leader in precision... Read more
New Additive Manufacturing Material Will Drive Greater Part Quality, Versatility and Cost Efficiency EDEN PRAIRIE, Minn. & REHOVOT, Israel / Jun 20, 2024 / Business Wire / Stratasys Ltd. (Nasdaq: SSYS) today announced the commercial availability of its groundbreaking new material, SAF™ Polypropylene (PP)for use on the Stratasys H350™ printer, set to launch in fourth quarter of 2024. The material will be... Read more
The Desktop Metal X25Pro with TurboFuse binder takes Additive Manufacturing’s most trusted production binder jet 3D printer, with 40+ global installs, and turbocharges it with binder jetting’s fastest printing binder TurboFuse delivers about 50% higher print speeds in the X25Pro over other Desktop Metal binders, or more, depending on print parameters and material An intelligent binder that demonstrates... Read more
German-based BEGA is a global leader in fine architectural outdoor and indoor lighting, with a focus on sustainable production and environmentally friendly solutions BEGA has been optimizing lightweight aluminum lighting components for binder jet 3D printing in partnership with Desktop Metal since 2022 The development partnership has been successfully 3D printing a number of different lighting components on the... Read more
Medical facilities and device manufacturers previously limited by constraints can now create patient-specific models to enhance surgical preparation, elevate patient outcomes, and fast-track innovation EDEN PRAIRIE, Minn. & REHOVOT, Israel / Jun 19, 2024 / Business Wire / Stratasys Ltd. (NASDAQ: SSYS) today announced the launch of its J5™ Digital Anatomy™ 3D printer, the latest innovation designed to address the... Read more
Smaller footprint with lower upfront investment enables broader adoption of industrial EXT platform in existing and new markets Leverages proven high-speed pellet extrusion technology— up to 10x faster and 10x lower costs — cheaper than available filament systems for better ROI Production platform with refined design and open material architecture to cost-effectively address breadth of industrial... Read more
Live Inspect is a solution for users of various additive manufacturing technologies to fine-tune accuracy by analyzing 3D scans of printed parts to provide tolerance analysis and correct for deviations Part of Desktop Metal’s Live Suite package of software programs that seamlessly manage 3D printers, accessories, and processes, Live Inspect can correct for any type of repeatable AM defect across 3D printing... Read more
New Vegan Fish Salads Developed by Steakholder Foods with Proprietary SHFISH™ Premix Blends to be Introduced by Sherry Herring Momentum Builds as Collaborations Expand Steakholder Foods’ Geographic Footprint, Customer Base and Product Lineup Rehovot, Israel, June 13, 2024 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH) (the “Company”), a leading innovator in alternative proteins and 3D printing... Read more
OpenAM and new materials for FDM, along with software upgrades are part of new solutions customers have available EDEN PRAIRIE, Minn. & REHOVOT, Israel / Jun 06, 2024 / Business Wire / Stratasys Ltd. (NASDAQ: SSYS) is announcing updates to several Industrial and Healthcare Business Unit products and Stratasys Direct. These include a new open platform for the F900™ 3D printer, more on-demand 3D printing... Read more
AUSTIN, Texas / Jun 05, 2024 / Business Wire / Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a developer of sustainable electricity-producing technology, is proud to announce the successful commencement of manufacturing of additive parts for the KARNO generator at its headquarters in Austin, Texas. This significant achievement will assist with scaling capacity as the company moves towards delivering generators to... Read more
PureSinter offers one-run debinding and sintering of metal parts produced with either Additive Manufacturing or traditional manufacturing methods in a 15.8L retort In development for five years, this all-new furnace was designed for ease-of-use, premium performance, reliability, and low cost of acquisition and operation PureSinter features a revolutionary, patent-pending machine design that delivers... Read more
Waltham, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printing solutions, today announced that Ambassador Georgette Mosbacher is joining its Board of Directors (the “Board”). Ambassador... Read more
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