3D Printing Service ProvidersExecutive InterviewsMoney & FundingStocks

At the crossroads of digital and physical, the dawn of a revolution

Shapeways’ dream of enabling ideas to become physical products is ready to scale. CEO Greg Kress explains what happens next.

Stay up to date with everything that is happening in the wonderful world of AM via our LinkedIn community.

When Shapeways was founded in 2007, very few people, perhaps not even its three founders, could truly envision how the company would have evolved. Even those who understood back then the potential of AM, to become a democratizing, distributed manufacturing technology, could foresee how that long-term vision was going to be realized. Now that Shapeways has grown into a multi-million-dollar public company, and will receive $100 million from going public via a merger with SPAC Galileo Acquisition Corp, to invest in further scaling its global operations, it’s time to ask what is going to happen next. And who better to ask than Greg Kress, the company’s CEO, who has a very clear idea of how Shapeways will leverage its unique position, in global additive mass production, distributed and on-demand manufacturing, to ignite the next phase of growth.

Shapeways’ dream is real after merger with Galileo Acquisition. CEO Gregg Kress explains what happens next.
Shapeways CEO Greg Kress.

“It’s not just about the specific AM technologies that we are able to use,” Greg begins. “I have been with the company since 2018 but Shapeways had already done incredibly well in investing over a hundred million dollars in CaPEx to build a powerful manufacturing footprint. What the company did realize very quickly is that it is very challenging to have low volume production with good economics, so they began to build an incredible digitized end-to-end manufacturing process. The software that they built controls the ordering process, file corrections, back and forth communication, customers, and all the automated routing associated with both our internal manufacturing and our outsourced manufacturing. We can handle all the pre-production capabilities using software to make all of these decisions.”

This digital infrastructure allowed Shapeways to produce over 21 million parts to date and implement a wide range of capabilities with optimal KPIs, 99% percent on-time delivery and a less than one percent complaint rate. All this considering that the company is typically delivering directly to the end customer. So while the top 250 customers represent 60% of revenues the company is delivering to a multitude of different clients. These capabilities, even beyond the ability to offer a multitude of different AM technologies are what Kress believes makes for Shapeways’ winning proposition as the merger with Galileo Acquisition is completed.

Read the full, 1,500-words, interview on 3dpbm’s AM Focus 2021 eBook on AM Service Providers. Free to view online or download, no registration required.

Research 2021
Ceramic AM Market Opportunities and Trends

This market study from 3dpbm Research provides an in-depth analysis and forecast of the ceramic additive ma...

Davide Sher

Since 2002, Davide has built up extensive experience as a technology journalist, market analyst and consultant for the additive manufacturing industry. Born in Milan, Italy, he spent 12 years in the United States, where he completed his studies at SUNY USB. As a journalist covering the tech and videogame industry for over 10 years, he began covering the AM industry in 2013, first as an international journalist and subsequently as a market analyst, focusing on the additive manufacturing industry and relative vertical markets. In 2016 he co-founded London-based 3dpbm. Today the company publishes the leading news and insights websites 3D Printing Media Network and Replicatore, as well as 3D Printing Business Directory, the largest global directory of companies in the additive manufacturing industry.

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button

We use cookies to give you the best online experience. By agreeing you accept the use of cookies in accordance with our cookie policy.

Privacy Settings saved!
Privacy Settings

When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. Control your personal Cookie Services here.

These cookies are necessary for the website to function and cannot be switched off in our systems.

In order to use this website we use the following technically required cookies
  • PHPSESSID
  • wordpress_test_cookie
  • wordpress_logged_in_
  • wordpress_sec

Decline all Services
Accept all Services

STAY AHEAD

OF THE CURVE

Join industry leaders and receive the latest insights on what really matters in AM!

This information will never be shared with 3rd parties

I’ve read and accept the privacy policy.*

WELCOME ON BOARD!