Greg Kress

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…

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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,…

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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…