Additive Manufacturing Strategies

“Print Me an Investment Banker”: Bryan Dow Talks Stocks & 3D Printing Ahead of Presentation at Inside 3D Printing

ST Medical Devices

Share this Article

santa claraAt next month’s Inside 3D Printing Conference & Expo in Santa Clara, we’re looking forward to hearing from some of the best and brightest in the 3D printing industry. Speakers at the event will span a broad range of topics, as will the exhibits on display.

Mooreland Partners Logo (PRNewsFoto/Mooreland Partners)

Bryan Dow, Executive Director of Mooreland Partners, will be speaking on October 22nd at Santa Clara. At 9 AM, he will present “Print Me an Investment Banker: Additive Manufacturing M&A and Financing Trends.” He’s taken the time to tell some of his thoughts ahead of time, providing some insights into the world of finance as it relates to the still-young additive manufacturing industry.

In Dow’s own words:

“As I am constantly reminded by CNBC, 3D Printing stocks have taken a beating in the public markets. Share prices of 3D Systems and Stratasys are down 60% and 54%, respectively, since March 2015, and have fallen over 80% since the initial tumble from their all-time highs in January 2014. Fundamental market factors such as increased competition and pricing pressure, build vs. buy activity of large enterprises, and fear of commoditization of hardware have all been cited in the Street’s rationalization of the downturn. No doubt earnings estimate misses, short selling by traders and general market sobering have all played a part in this public markets correction, as well, and have brought new public financings to a screeching halt with zero 3D Printing IPOs YTD.”

The stock market has been historically volatile in any case, but particularly so in the 3D printing/additive manufacturing arena, as we’ve seen. Full of buzzwords that start with “potential” and sometimes end with “bubble burst,” the stocks generally have given investors cause for pause.


Bryan Dow, Executive Director, Mooreland Partners

Dow continues:

“Whatever the cause, 3D Printing stock performances have put the most active M&A buyers in the penalty box, while DDD and SSYS look within their own walls for answers to organic growth and margin enhancement. In 2015, 3D Systems and Stratasys have completed only three deals and two deals, respectively (with only one deal total completed since April 2015), compared to seven deals and five deals in 2014 and seven deals and one deal (MakerBot) in 2013. Additionally, neither company has reported a $100M+ acquisition in 2015, as seen in previous years (e.g. GrabCAD, Simbionix, SolidConcepts and, of course, MakerBot).”

The companies mentioned have all had particularly tumultuous pasts, though we’ve seen hints in recent months that perhaps we’ve finally seen a bottom, such as insider purchases out of 3DS. While we’re still not entirely sure what to expect, there are some projections that can be made with the information available. It also seems that we’re finally able to see some more confidence in stocks, with recent optimism signifying long-term potential, after all.

Outside of the big names that draw attention in the space, we’re definitely seeing the dynamics of the market at play as other companies begin to take center stage. Acquisitions, R&D, partnerships, and other moves have catapulted other figures into the limelight.

As Dow notes:print me an investment banker

“While the lead consolidators experience a valuation correction and are soul searching at home, the recent increase in 3D Printing partnerships and projects involving leading out-of-segment enterprises offers a promising sign for the market. Companies such as Alcoa, Amazon, Autodesk, GE, HP, Siemens, Staples, UPS and many others have all made significant investments in 3D Printing companies and capabilities, and these leaders could potentially pick up the M&A activity where DDD and SSYS left off.

“Private investments, however, have maintained reasonable momentum despite the turmoil in the public markets.  Several investments have been completed in 2015, the most notable being last month’s $100M raise by Carbon3D, which drew investment from several leading investors, including strategics Google Ventures and Autodesk as well as Sand Hill legends, Sequoia Capital and Silver Lake’s Kraftwerk fund. In June, 3D Printing marketplace provider, Shapeways, also secured financing from top tier technology investors in its $30M Series D which included new investor, HP.

“Market correction aside, the 3D Printing market is more dynamic than ever. Between the growing list of out-of-segment leaders participating in and evaluating the space and the landmark private placements from leading venture and strategic investors, we anticipate a number of exciting developments in 2016.”

These and other insights will be discussed at Inside 3D Printing Santa Clara at Dow’s presentation. Readers of can save now on registration for the event: use the discount code 3DPRINT to save 20% off!

Share this Article

Recent News

FDM 3D Printing Support Removal Times Cut in Half with VORSA 500

3D Printing Drone Swarms, Part 12: 3D Printing Missiles


3D Design

3D Printed Art

3D Printed Food

3D Printed Guns

You May Also Like

ICAM 2021: Keynotes on 3D Printing in Healthcare & Aerospace

At last month’s International Conference on Additive Manufacturing (ICAM) 2021 in Anaheim, California, hosted by ASTM International’s Additive Manufacturing Center of Excellence (AMCOE), a wide variety of topics were covered,...


3D Printing Unicorns: Gelato Gets $240M in Funding, Expands into 3D Printing

On-demand printing platform Gelato, based in Oslo, Norway, achieved the coveted unicorn status after a new funding round. On August 16, 2021, the company announced it had raised $240 million...


US Army and Raytheon to Use 3D Systems Metal 3D Printing to Heat-Optimize Munitions

3D Systems (NYSE: DDD) has been chosen by defense contractor Raytheon and the U.S. Army’s central laboratory to help with a design optimization project. To do that, the 3D Systems’...

Raytheon Receives Funding for Aerospace 3D Printing of Optical Components

This spring, Ohio-based America Makes, the leading collaborative partner in additive technology research, discovery, and innovation for the US, announced its latest Project Call for AXIOM, or  Additive for eXtreme Improvement...


View our broad assortment of in house and third party products.