3D Printing News Unpeeled: BMF Raises $24m, More Shipboard 3D Printing for the Navy

Formnext Germany

Share this Article

Us based 3D printer OEM BMF (Boston Micro Fabrication) which makes micro 3D printers, raised $24 million in a Series D round led by China’s Guotai Junan Securities. Also participating were Chongqing Chengxing Equity Investment Fund Partnership, Chuanghe Xincai Manufacturing Sector Transformation and Upgrading Fund. The company has $79.3 million so far. The Chinese money is a salient detail since last week the Biden administration stopped US companies from investing semiconductors, microelectronics, some quantum and AI in China. But, what about Chinese money for US startups? And what about companies doing research in China? Must a company such as BMF choose to be funded by the US or China or could it do both?

Breaking Defense shares a nice interview with Rear Admiral Jason Lloyd the US Navy’s Chief Engineer and Deputy Commander for Ship Design, Integration and Naval Engineering at Naval Sea Systems Command. He mentions that the Bataan 3D printed a  $400,000 part with year wait time in five days. With a new letter of authorization around 25% of all ship parts can be 3D Printed as long as they have low criticality and permission is given by the commanding officer of the ship. This expansion also comes with Lloyd revealing the Apollo lab a Naval Surface Warfare Center Carderock lab where 3D printed parts, issues and problems can be replicated.

re:3D and Canopy Aerospace Inc. both got new Phase II SBIR awards. Canopy for 3D printed reusable heat shields which could be a very high impact technology and  re:3D for a waste recycling and 3D printing system for in orbit 3D Printing.

Share this Article

Recent News

AML3D Makes C-Suite Changes & Ramps Up its Metal 3D Printing Sales in Support of US Navy

The Evolution and Global Influence of NTT DATA XAM Technologies in Japan


3D Design

3D Printed Art

3D Printed Food

3D Printed Guns

You May Also Like

Japan Ground Self-Defense Force Buys SPEE3D Metal 3D Printers

SPEE3D, the Australian original equipment manufacturer (OEM) of cold spray additive manufacturing (CSAM) platforms, has been awarded a contract by the Japanese Ministry of Defense to purchase both WarpSPEE3D and...

Toyota Taps SOLIZE to 3D Print Functional Parts for Lexus

Recently, Japanese reseller and 3D printing service SOLIZE has achieved notable success. In 2021, the company began manufacturing 3D printed components for Nissan’s NISMO brand, utilizing HP printers. Now, SOLIZE...

3DPOD Episode 168: Reselling 3D Printers in Japan, Korea and the USA with Douglas Krone, Brule and Dynamism

Douglas Krone co-founded Dynamism, a reseller specializing in a range of 3D printers, from desktop to industrial models, for the U.S. market. This successful enterprise has become a leader in...

Japan’s Largest Fishing Company to Fast-Track Lab-Grown Fish via Seafood 3D Printing Firm Investment

Maruha Nichiro (TYO: 1333), Japan’s largest fishing company, has announced a strategic investment and collaborative partnership with Singapore-based Umami Bioworks (formerly known as Umami Meats) to develop and commercialize cell-cultivated...