Business

3D Printing News Briefs, December 21, 2024: Safety, Racing, Wind Turbines, & More

We’re talking about safety certification first in today’s 3D Printing News Briefs, and then moving on to applications in racing and wind turbines. We’ll finish with a story about 3D…

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Backflip Raises $30M for Text-to-3D Print Software

After taking their previous company, Markforged from inception to a SPAC, Greg Mark and David Benhaim are back with their next ambitious venture: Backflip, a startup that aims to advance…

Axial3D Raises $18.2M to Drive AI-Driven Medical 3D Printing Software

Great news from Axial3D, which has raised an $18.2 million investment round. Increasing their investment were Techstart, Clarendon, and Innovation Ulster Limited, while new investors included 57 Stars, Whiterock, and…

Bambu Lab Teams with The Virtual Foundry to Enter Metal 3D Printing Market

The Virtual Foundry (TVF), a pioneer in metal filament for additive manufacturing (AM), has teamed up with Bambu Lab, known for its high-speed, accessible 3D printers, to introduce a new…

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ICON and Lennar to Build 100 3D Printed Homes for the Homeless

Additive construction startup ICON plans to build 100 3D-printed homes. Partnering with Austin, Texas-based homeless charity Mobile Loaves & Fishes, the initiative builds upon 17 3D-printed homes previously completed at…

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Shapeways Buys 3D Model Community Thangs

3D printing service pioneer Shapeways is showing significant initiative. Just weeks after emerging from bankruptcy, the company is acquiring Thangs, a platform for downloading and sharing designs, from Physna, Inc….

3D Printing Industry Grows 9% YoY in Q3 2024, Despite Hardware Sales Slowdown

According to its most recent “3DP/AM Market Insights: Q3 2024” report, Additive Manufacturing Research (AM Research) estimates that the third quarter of 2024 saw the 3D printing market reach $3.47…

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Historical Directors of Nano Dimension Resign from Board of Directors

For the latest development on 12/17/24, see an update at the end of this article: Electronics 3D printing and roll-up firm Nano Dimension (Nasdaq: NNDM) continues to face hurdles as…

Why consolidation is necessary for Additive Manufacturing moving forward and how customers and suppliers will benefit from it

Matthias Schmidt-Lehr (Executive Partner, AMPOWER) will speak at Additive Manufacturing Strategies summit this Feb 4-6, 2025 in New York City. For the first decade, Additive Manufacturing sold a vision of…

Exentis Sells $22.4M in Metal 3D Printers to U.S. Customers

Swiss-based Exentis Group AG, known for its 3D Additive Screen-Printing technology, has just secured a significant foothold in the U.S. market. In the fourth quarter of 2024, the company received…

3DPOD 231: Incubating AM with Sascha Schwarz, CTO of TUM Venture Labs

Sascha Schwarz is a researcher dedicated to aiding his university, Technical University of Munich (TUM), to foster innovation as CTO of TUM Venture Labs. In this episode of the 3DPOD,…

Farsoon Cuts Ribbon on 140,000-Square-Meter 3D Printing Facility

Farsoon Technologies (SHA: 688433), a leading Chinese manufacturer of laser powder bed fusion (PBF) printers, recently marked its 15-year journey with the grand opening of a new campus. The anniversary demonstrates…

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Update: Velo3D Enters Forbearance Agreement as Debt Challenges Intensify

See the addendum to this article for an update from 12/12/24. Velo3D is set to lay off an additional 46 employees by the end of 2024 as part of its latest…

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3D Systems Sells Geomagic Software Division to Hexagon AB

Additive manufacturing (AM) stalwart 3D Systems (NYSE: DDD) has announced the sale of its Geomagic assets to Swedish software giant Hexagon AB for $123 million. The deal includes Design X,…

Additive Contractor Endeavor 3D Forms Strategic Partnership with CADMore

Endeavor 3D, an Atlanta-based contract manufacturer specializing in additive manufacturing (AM) services, has announced a strategic partnership with CADMore, an engineering design firm based in South Carolina. The partnership enables…

NSF-Backed $2.5M Grant Boosts Bioprinting Innovation in North Carolina

Fueled by a $2.5 million grant program, a handful of companies in North Carolina are using bioprinting to take on big challenges in regenerative medicine. The funding supports projects addressing…

Former Formlabs Exec is New Quantica CEO

Inkjet 3D printer manufacturer Quantica has appointed Stefan Hollaender as its new Chief Executive Officer (CEO). This leadership change marks a pivotal moment in Quantica’s evolution, with the outgoing CEO,…

ADDMAN Adds Continuous Composites Technology for Hypersonics and UAV Applications

ADDMAN Group and Continuous Composites are teaming up to reshape how aerospace and defense sectors create parts for hypersonic vehicles and unmanned aerial vehicles (UAVs). Through this partnership, the two…

3D Printing News Briefs, December 7, 2024: Acquisition, Serial Production, & More

In 3D Printing News Briefs, AMPCO Metal has acquired the Switzerland-based Schmelzmetall Group, Pelagus 3D partnered with Kawasaki Heavy Industries to fabricate a 3D printed spare part for the maritime…

Nanoscribe Finds a New Home with LAB14 After Being Sold by BICO

Nanoscribe has officially become part of the LAB14 Group after being sold by BICO for €26 million. This sale was part of BICO’s strategic plan to focus on life sciences,…

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Metal 3D Printing Provider Zeda Inc. Auctions $20M in Equipment

Zeda Inc. initially emerged as a potentially leading provider of advanced manufacturing services, leveraging its expertise in critical sectors like medical devices, aerospace, and defense. Formed from the combination of…

Caracol and AES Partner to Target Aerospace and Defense 3D Printing

Italian medium- and large-format 3D printing firm Caracol is partnering with Ohio-based Additive Engineering Solutions (AES) to target the aerospace and defense markets. Caracol recently closed a funding round in…

Virginia Tech Lands $1.1M to Bring 3D Printed Affordable Housing to Virginia

Virginia Housing is betting $1.1 million that advanced 3D printing technology can solve the state’s housing challenges. The non-profit has granted these funds to the Virginia Center for Housing Research…

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Printing Money Episode 24: Q3 2024 Earnings Review with Troy Jensen, Cantor Fitzgerald

Welcome to Printing Money Episode 24. Troy Jensen, Managing Director of Cantor Fitzgerald, joins Danny Piper, Managing Partner at NewCap Partners, once again as it is time to review the…