EIT Manufacturing enlisted support for its Moonshot Call, an initiative which seeks disruptive solutions that can decarbonise manufacturing, in front of an exclusive audience of forward-thinking executives, entrepreneurs, investors and startups at The Green Accelerator in Davos, Switzerland, on 25 May 2022.

Reiterates FY2022 Revenue Guidance of $89 Million on Q1 Execution, Record Backlog

• Record revenue – 17% sequential increase, >900% YoY
• Increasing demand reflected in record total backlog – up >80% YoY to $55 million
• 2022 confidence – Q122 revenue / backlog account for >75% of 2022 revenue guidance
• Manufacturing execution – initiated volume production of Sapphire XC during quarter
• Maintained strong balance sheet – exited Q122 with $186 million in cash

The Compound Company, a leading developer and manufacturer of compounds, announced it has acquired the production site, product portfolio and customer base for Exxelor™ polymer resins from ESSO Deutschland GmbH , ExxonMobil in Cologne, Germany. The acquisition will increase the global production capacity of The Compound Company to about 70 kilotons per year and significantly expand the group’s reach into new markets.

The addition brings decades of experience working with companies and engineers in aviation, aerospace, and defense to the board

Company also announces the planned resignations of 4 board members post the successful completion of its public listing on the New York Stock Exchange

Exceeded Fourth Quarter and Full Year Revenue Forecast
Reiterates Previous FY2022 Revenue Guidance of $89 Million

• Exceeded revenue forecast – 20% sequential increase / 45% growth vs FY 2020
• Shipped first Sapphire XC system to aerospace customer in Q421
• Achieved 2021 shipments goal of 23 systems - 77% year over year growth
• Continued bookings strength – 34 systems booked in 2021 versus goal of 24
• Significant backlog for 2022 – 23 Sapphire systems (18 Sapphire XC)

- Dassault Systèmes is gearing up for the future with leadership continuity and a combination of top talent from multiple generations on its Executive Committee

- Pascal Daloz will focus on his role as Chief Operating Officer, a position he was appointed to in 2020

- Rouven Bergmann is appointed executive vice president, chief financial officer

Already at the beginning of February, Formnext recorded a very successful start to 2022 with over 300 registered exhibitors. The registered exhibitors include the global elite of additive manufacturing as well as numerous renowned international groups with solutions along the entire process chain.

Photocentric is delighted to announce the appointment of Paul Ruscoe to the role of Business Development Director. With almost 30 years of industry experience across a wide variety of markets, Paul is well placed to support Photocentric’s growth in high volume production using additive manufacturing (AM). Paul will support customers with the best value proposition for their upcoming projects, using his commercial awareness of the economies of volume production, comprehensive understanding of optimising processes for mass manufacturing, and keen eye for quality standards.

Razorleaf Corporation, a leading PLM consulting and systems integrator, today announced the opening of Razorleaf BV, a new division representing the Benelux territory. The Dutch office is part of Razorleaf’s expansion plans to have a broader reach in Europe including the Nordics, Germany, Belgium, and Luxemburg.

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