bankruptcy

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European Arm of Shapeways Saved by Dutch Senior Management

The Dutch part of Shapeways has been saved from bankruptcy. The new company will shed some of its employees but will be able to continue in business. Curator Jeroen Tulfer…

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Inside the $5M Shapeways Deal that Never Happened

As Shapeways (Nasdaq: SHPW) headed toward bankruptcy, there were red flags for observers. In addition to the dropping stock price, the company’s regular financial reports showed numerous signs of a…

Desktop SLS Pioneer Sintratec Announces Bankruptcy

Swiss original equipment manufacturer (OEM) Sintratec, which specialized in low-cost selective laser sintering (SLS) machines, announced that the company has undergone bankruptcy proceedings and will be ceasing operations. A spin-out…

3D Printer Maker EVO-tech Reborn as NEVO3D — Once More With Feeling

EVO-tech was a 3D printing service and original equipment manufacturer established in 2013 and based in Schörfling am Attersee, Austria. The company produced high-quality material extrusion systems featuring linear bearings,…

The Fall of SmileDirectClub and the Shifting Tides of Dental Innovation

Once a burgeoning pioneer in telehealth orthodontics, SmileDirectClub announced its closure in December 2023. This news came as a shock to many, just three months after the company filed for…

Dental 3D Printing User SmileDirectClub Files for Chapter 11 Bankruptcy; Founders Extend $80M Lifeline

Pioneering teeth-straightening business SmileDirectClub (Nasdaq: SDC) has announced its filing for Chapter 11 bankruptcy in Texas amidst challenging financial circumstances. The decision comes as the company seeks to implement a…

Dual Takeovers: Solid Solutions Secures 3DPRINTUK and 3DVerkstan

In a week marked by significant activity, UK-based Solid Solutions made two noteworthy strides in the 3D printing industry through strategic acquisitions. Initially, Solid Solutions’ subsidiary, Solid Print3D, took over…

Virgin Orbit Auctions Assets to Space 3D Printing Ventures

If there were any indications that Virgin Orbit could be kept operating as a single entity after going bankrupt, they have been crushed. Following a comprehensive sale process and competitive…

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3D Printing Bureau Fast Radius Acquired by SyBridge Technologies For $15.9M

SyBridge Technologies, an advanced manufacturing company based in Detroit, announced that, pending the approval of federal courts, it will purchase Chicago-based additive manufacturing (AM) service bureau, Fast Radius, for $15.9…

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Chapter 11 Bankruptcy: Who Will Buy Fast Radius?

To confront the larger economic downturn taking place globally, the U.S. Federal Reserve has increased interest rates as a means of tamping down on skyrocketing inflation. Among those feeling the…