On this week’s edition of “The Stories We Missed This Week,” we’ve got everything from major shareholder news to smart mirrors. The Israeli electronics 3D printing company Nano Dimension recently announced that their underwriters will exercise their option to purchase an additional 275,275 American Depositary Shares (ADS), and will also transition their new bioprinting activity into a new subsidiary company. XYZprinting has officially released the da Vinci miniMaker, the company’s first toy and STEM education 3D printer. The 3D printing service bureau CRP USA has announced that they will be present at this year’s FEDCON Summit, which takes place on October 27 at the Wilmington Convention Center in North Carolina. The 3D printing titan Stratasys was pleased to announce that pioneering aircraft manufacturer Airbus is standardizing ULTEM 9085 3D printing material for A350 XWB aircraft flight parts. The New Kinpo Group, which is the parent company of XYZprinting, has unveiled the HiMirror, a smart beauty mirror that will help evaluate the needs of skincare and much more. Lastly, the 3D printing and materials development company Essentium Materials has announced the acquisition of TriFusion Devices, a 3D printing service bureau started by Texas A&M graduate students.
Nano Dimension Exercises Over-Allotment Option, Forms New Subsidiary for Bioprinting
It’s been a solid week for Israel-based electronics 3D printing company Nano Dimension, which is coming off of promising Q2 financials numbers and experimenting with 3D printing conductive properties into fabric. Now, they’ve announced that the underwriters of their previously announced public offering of 1,850,000 American Depositary Shares (ADS) have exercised their option to purchase an additional 275,275 ADS, which were priced at $6.50 per ADS to cover over allotments. This brought their total gross proceeds from the offering to approximately $13.8 million, before deductions from underwriting discounts, commissions, and other offering-related expenses.
Additionally, Nano Dimension has also announced that they will transition their 3D bioprinting activities to a new subsidiary. The news comes on the heels of their successful bioprint trials back in May, when Nano Dimension had a successful proof of concept for 3D printable bioink that contained stem cells. The new subsidiary will focus on furthering their research and development in the bioprinting field, which several other companies have already expressed interest in. According to Nano Dimension, their current capital will not be utilized for these bioprinting activities.
XYZprinting Release da Vinci miniMaker 3D Printing STEM Toy
Last week, Taiwanese 3D printing company XYZprinting struck up a partnership with the retail toy store franchise Toys R Us, giving them the opportunity to claim the child-friendly 3D printer market. Now, XYZprinting has officially released the da Vinci miniMaker, their first toy and education-focused 3D printer. The miniMaker is retailing at just $249, and is an ideal beginner-friendly printer for educational purposes. Young makers will be able to learn real-life applications of 3D printing while covering a STEAM or STEM curriculum. Their latest 3D printer has a compact and robust design, intuitive auto-calibration, flexible support, and is eco-friendly, only printing with biodegradable, non-toxic filaments. With a build size of 5.9” x 5.9” x 5.9”, the miniMaker is perfect for the classroom or home, and is sure to help build a strong connection between young children and the power of 3D printing.
“Teachers, parents and students are always looking for new and unique ways to make teaching and learning core skills fun for everyone,” said Simon Shen, CEO of XYZprinting and New Kinpo Group. “Our new da Vinci miniMaker is not only affordably priced to fit school and household budgets, but it will help encourage, expand, and shape the cognitive skills and abilities of the next generation of engineers, designers, and creators.”
CRP USA to Showcase 3D Printed Components at the FEDCON Summit
The Mooresville, North Carolina-based 3D printing service bureau CRP USA will be showing off their high quality 3D printed components at the upcoming Southeast Region Federal Construction, Infrastructure & Environmental (FEDCON) Summit, which takes place on October 27 in at the Wilmington Convention Center. CRP USA will showcase a variety of 3D printed parts at the FEDCON Summit, including a 3D printed intake manifold and 3D printed satellite structure. The 3D printing company is known for their use of WINDFORM high-performance 3D printing materials, which have helped them produce prototypes and use-end components for motorsports, aerospace, automotive, and much more. You can check these 3D printed marvels out at booth number 48 at the upcoming FEDCON Summit in Wilmington, North Carolina.
Airbus Standardizes Stratasys ULTEM 9085 for A350 XWB Aircraft Supply Chain
Of all the aerospace companies utilizing 3D printing in their production process, none seem to be as integrating this emerging technology as much as the French aircraft manufacturer Airbus. According to the 3D printing titan Stratasys, Airbus is now standardizing their ULTEM 9085 3D printing material for the production of flight parts for the A350 XWB aircraft. Stratasys’ ULTEM 9085 resin has proven to meet the strict material specifications of Airbus aircraft components, and features a high strength-to-weight ratio with FST (flame, smoke, and toxicity) compliance for aircraft flight parts, which enables the production of strong and lighter parts. By utilizing the advantages of Stratasys’ FDM 3D printing and high-performance material, Airbus will substantially lower manufacturing costs and production time as well.
“In 2014, Airbus produced a significant amount of parts on its Stratasys FDM-based 3D Printers for use in new A350 XWB aircraft, enabling Airbus to meet delivery commitments on-time. We are pleased to support Airbus as they industrialize the inclusion of Stratasys 3D printed parts in the A350 XWB production supply chain, ensuring that suppliers will be able to support continued scheduled aircraft deliveries,” said Andy Middleton, President, Stratasys EMEA.
New Kinpo Group Unveils HiMirror Smart Beauty Mirror
New Kinpo Group, the parent company of the Taiwanese 3D printing company XYZprinting, has just unveiled the innovative HiMirror, a smart beauty mirror. The product, joining a growing market for smart mirrors, aims to do much more than reflect the user’s face; it will also act as a personal beauty and health consultant. The HiMirror will offer in-depth, personalized skincare analysis based not only on the current condition of your skin, but also local weather conditions among other factors. The 11” X 16.5” smart mirror is resistant to humidity and can be installed almost anywhere in the house. A high-resolution camera and proprietary technology work together to offer an in-depth complexion analysis, and is able to detect dark spots, red spots, dark eye circles, wrinkles, pores, fine lines and other complexion elements. The HiMirror is also equipped with WiFi Bluetooth connectivity, and can display local weather, sync with Google Calendar, and play music via Spotify. The innovative new standard smart mirror is exclusively available for $189, while the model with multi-ambiance makeup light is $259, and will be augmented by a companion product, Smart Body Scale ($79).
“We are excited to bring to market the first-ever smart beauty mirror, truly revolutionizing the modern beauty routine,” said Simon Shen, CEO of Taipei-based New Kinpo Group. “HiMirror is a technology-driven tool that will become indispensable for consumers – an essential part of their daily beauty routine helping them evaluate their skin and what works for their individual skincare needs.”
Essentium Materials Announces Acquisition of TriFusion Devices
Lastly, the 3D printing and materials development company Essentium Materials made a vital expansion this week by acquiring TriFusion Devices. With an already established relationship, TriFusion Devices has focused on utilizing Essentium Materials’ patent-pending process, which fuses the layers of 3D printed parts together to produce next-generation biomedical products. Essentium’s high-performance materials and 3D printing process will enable the TriFusion Devices team to enhance and expedite the manufacturing of prosthetics, orthotics, sporting equipment and military devices. Through the acquisition, TriFusion Devices will continue to be led by co-founder Blake Teipel, a Texas A&M graduate student who also happens to be the President and Chief Technology Officer of Essentium Materials. All in all, the integration will provide TriFusion Devices with improved operating efficiency and increased access to developmental resources, all of which will push them to become an even more successful brand.
“We have accomplished many things as a startup and look forward to the opportunities provided through the integration with Essentium Materials,” said Blake Teipel. “The combination of TriFusion’s technology with Essentium’s materials and resources will open the door to many new possibilities. We are very excited about the future!”
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