Greg Kress
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…
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…
Shapeways Executives Resign as 3D Printing Service Files for Bankruptcy
One of the original 3D printing service bureaus, Shapeways (Nasdaq: SHPW), has filed for Chapter 7 bankruptcy. This filing follows the company’s exploration of strategic alternatives to address its financial…
Velo3D and Desktop Metal Announce Reverse Stock Splits; while Shapeways Divests Software Assets
The additive manufacturing (AM) industry continues to struggle as far as the public markets are concerned. Both Velo3D, Inc. (NYSE: VLD) and Desktop Metal, Inc. (NYSE: DM) announced reverse stock…
3D Printing Financials: Shapeways Faces Challenges Despite Revenue Uptick
Shapeways (BCBA: SHPW) faced a challenging year in 2023, with financial results showing a mix of growth and setbacks. While the company saw an increase in revenue and gross profit,…
3D Printing Financials: Amid Nasdaq Transition, Shapeways Software Revenues Surge along with Overall Losses
Shapeways (NASDAQ: SHPW) reported revenues of $8.4 million for the three months ending June 30, 2023, matching the figures from the same period in 2022. The company, however, experienced a…
Shapeways Begins Trading on NYSE, Secures $103M in SPAC Merger
Shapeways, the leading 3D printing service bureau that makes digital manufacturing accessible to anyone, has completed its merger deal with blank check company Galileo Acquisition Corp. (NYSE: GLEO) and began…
AM Investment Strategies Profile: Shapeways
The week before RAPID + TCT 2021 kicks off in Chicago, the half-day SmarTech – Stifel AM Investment Strategies 2021 summit will be taking place virtually on September 9th, 2021,…
Shapeways CEO Greg Kress Discusses the Upcoming SPAC Merger
On April 28, 2021, 3D printing service bureau Shapeways announced that it was going public via merger with special purpose acquisition company (SPAC) Galileo Acquisition Corp. I had a chance…
Shapeways to Accelerate Expansion in 3D Printing with $30M Series E Funding
As Shapeways continues on its quest to expand in business operations and strategic offerings, the 3D printing platform announces a major step forward today with its $30 million Series E…
Exclusive Interview: Shapeways Introduces New CEO, Vision to Bridge the Gap in 3D Printing and Design
Back in August, Shapeways co-founder Peter Weijmarshausen stepped down as the company’s CEO. During the transition phase, COO Tom Finn has served as interim CEO. Today, the company announces that a permanent…