Restructuring
Former Desktop 3D Printing Leader Zortrax Moves Forward with Restructuring Plan
Zortrax, once a leading name in the desktop 3D printing industry, has taken a significant step forward in its restructuring efforts by filing an application for approval of its restructuring…
3D Printing Financials: Desktop Metal Targets Recovery Amid Net Losses and Revenue Downturn
Despite facing a decline in revenue and the persistent challenges of a tight economic climate, Desktop Metal (NYSE: DM) is making strides toward operational efficiency. The first quarter of 2024…
Correction: 3D Printing Service Fathom to Merge with CORE Affiliate Amid Financial Challenges
Correction 4/8/24: A previous version of this story incorrectly speculated that Fathom would merge with CORE portfolio company UPTIVE. The article has been updated to remove that reference. As discussed…
Meet the New XJet: New CEO and CBO Discuss New 3D Printing Strategy
When it emerged on the market in 2016, Israel’s XJet was one of the most promising startups in the additive manufacturing (AM) industry. Promising a user-friendly method for producing extremely…
3D Printing’s Financial Challenges and Opportunities in 2024
As we step into 2024, the 3D printing industry reflects on a year of significant financial challenges. From supply chain disruptions to inflationary pressures, 2023 tested the resilience and adaptability…
3D Systems Appoints New Executives to Strengthen Restructuring Initiative
Additive manufacturing (AM) pioneer 3D Systems (NYSE: DDD) has announced key changes to its executive leadership team, another move in the strategic shift of its operations. The company has appointed…
3D Printing Financials: Markforged’s Q3 Earnings Drop Spurs Workforce Reduction and Restructuring
Markforged (NYSE: MKFG) revealed its financial results for the third quarter of 2023, facing a challenging economic landscape that significantly impacted its performance. This period was marked by a pronounced…
3D Printing Financials: 3D Systems Restructuring to Save ~$50M by Q4 2024
In a year defined by wrestling for acquisition supremacy in the 3D printing universe, 3D Systems (NYSE: DDD) has just unveiled its next move: a restructuring initiative to streamline operations…
Navigating Change: AMT’s Restructuring, Challenges and Layoffs
In the wake of a worldwide economic downturn and declining 3D printer sales, AMT (Additive Manufacturing Technologies), based in Sheffield, UK, has announced an extensive strategic business restructuring. This initiative…