Company Reiterates FY2022 Revenue Guidance of $89 Million
Company Reiterates FY2022 Revenue Guidance of $89 Million
HSTEC is a system partner for innovative spindle drive technology for CNC machine tools, for fixtures as well as for spindle services and repairs
Covestro announces that it has signed a definitive agreement to sell its Additive Manufacturing business to Stratasys.
Accretive acquisition will enable Stratasys to offer more full solutions to customers and accelerate next-generation materials development for manufacturing with partners
Stratasys will expand its differentiated materials offering in stereolithography, DLP, and powders, supported by a broad IP portfolio
Company Reiterates FY2022 Revenue Guidance of $89 Million
• >15x revenue growth over last 6 quarters – on track to become the largest metal additive manufacturing company, possibly as early as the end of 2022[1]
• Strong demand - booked $18 million in new orders, backlog of $55 million
• 2022 confidence – 1H22 revenue / backlog account for >95% of 2022 revenue guidance
• Launched new Sapphire XC 1MZ system – largest build volume of any laser PBF printer in its class - initial shipments in Q322
• Maintained strong balance sheet – exited Q222 with $142 million in cash
The joint effort will simplify the acquisition and setup of Velo3D’s additive manufacturing technology for the Department of Defense and other federal government customers
An Unparalleled Opportunity to Expand its Multi Material 3D Printing with Best-in-Breed Printing Process and Service Bureau
A Strategic Investment in an attractive Additively Manufacturing segment
Facility Will Act as Company’s European Headquarters With an Operating Sapphire Printer, Demo Center, Offices, and Other Facilities to Host Customers, Partners, and Prospects
• Top: trainees among the winners of the "Industry 4.0 Talents" competition
• Smart: competition entry on "Bratwurst" automation
• High-profile: award ceremony with State Secretary, Dr. Patrick Rapp, in Stuttgart
JPB Système, the leading manufacturer of efficiency-enhancing technology solutions for aerospace, aeronautic and other industries, has announced the appointment of Gregory Chauvet as General Manager. Chauvet brings with him over 20 years of experience, having held senior commercial and management positions in a number of prominent and market leading businesses. He joins the company from Rolls Royce Solutions France, where he was Managing Director since 2015.
Startups working to move European manufacturing into the future can join a pitch competition to meet industry leaders, woo investors and battle for cash prizes in EIT Manufacturing’s BoostUp! 2022 competition. The competition Grand Final will be held in Athens, Greece.
• Festive: anniversary event with around 180 guests and high-profile representatives from the parent company
• Since 1996: Arburg's own subsidiary in Turkey
• Today: increasing demand from electronics and medical technology
Chroma Technology announced today that its ContrastMax SWIR optical filters for machine vision and remote sensing were recognized among the best in machine vision today by the judges of the Vision Systems Design 2022 Innovators Awards program at the Automate Show in Detroit, MI. The judging panel consisted of esteemed experts from system integrators and end-user companies.
MakerBot subsidiary enters into business combination agreement with Ultimaker to form market-leading, comprehensive Desktop 3D printing entity
NPM Capital to Own 54.4% and Stratasys to Own 45.6% of new private company
AMGTA presented the Environmental Sustainability Research Award to 6K Additive based on Foresight Management’s Life Cycle Assessment analysis of the UniMelt powder manufacturing process.
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.
The investment is the first of two funding closes, expected to reach over $150M in total, aimed at building a low cost, sustainable domestic supply chain for battery materials.
Subsidiary celebrates anniversary
The ten-year anniversary of Arburg Austria's founding was finally celebrated on 3 and 4 May 2022 with high-profile representatives from the parent company and some 200 delighted guests in attendance.
The new entity has secured additional funding of $62.4M to fuel global 3D printing innovation