Money & Funding
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Xometry, a leading global AI-enabled digital manufacturing marketplace, has reported its financial results for the first quarter of 2022, which ended on March 31. The Xometry Q1 2022 results showed an impressive 90% year-over-year revenue growth, with total sales amounting to $83.7 million for the quarter “In Q1 2022, Xometry…
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Fathom Digital Manufacturing Corp. (NYSE: FATH), an industry leader in on-demand digital manufacturing services, reported very positive results in its first full Q1 as a public company, with revenue increasing by 32.8% to $40.5 million and total orders increased by 17% to $43.8 million. The company recently published results for…
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Proto Labs, Inc. (Protolabs, NYSE: PRLB), one of the world’s leading providers of digital manufacturing services, reported that it generated revenues of $124.2 million in Q1 2022, representing a 6.9 percent increase compared to revenue of $116.1 million in the first quarter of 2021. The Hubs online platform generated $10.3…
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Markforged Holding Corporation (NYSE: MKFG), creator of the integrated metal and carbon fiber additive manufacturing platform, generated $21.9 million in revenues during the fiscal first quarter, which ended March 31, 2022. This represented an 8.6% year-on-year growth, compared to $20.1 million in the first quarter of 2021. The gross margin was…
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Velo3D, Inc. (NYSE: VLD), a leading additive manufacturing technology company for mission-critical metal parts, reported that it has generated $12 million in sales in Q1 2022, which represents an increase of 17% compared to Q4 2021 and more than 900% year over year. “Strong execution enabled us to post our…
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In addition to the previous $500,000 process development contract for the additive repair of jet engine components, Optomec has received a $1.5 million contract to develop a metal additive manufacturing system and process that enables the repair of oversized titanium components used in aircraft engines, awarded by the US Air…
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Wisconsin-based Fathom has been driving the use of AM from prototyping to tooling to production for three decades. The company is now one of the largest on-demand digital manufacturing platforms in North America, serving the comprehensive product development and low- to mid-volume manufacturing needs of the largest and most innovative…
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With more than 1900 respondents, Sculpteo’s State of 3D Printing has been a great success in 2021. The study has been noticed by several actors in the AM industry over the years. And for The State of 3D Printing 2022, its 8th edition coming out this year, the French company,…
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GE Renewable Energy has made a minority investment in COBOD International, the company providing the 3D printer used at the Bergen research facility. Officials from both companies said the investment will build on an existing relationship with COBOD International, a leading player in 3D construction printing solutions, first undertaken in…
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Nano Dimension Ltd. (Nasdaq: NNDM), an industry leader in Additively Manufactured Electronics (AME), Printed Electronics (PE), and Micro Additive Manufacturing (Micro-AM), revealed that the company generated revenues of $10.5 million in Q1 2022 (the quarter ended March 31, 2022), with a significant increase both over the previous quarter (Q4 2021)…
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