Money & Funding
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Massachusetts-based 3D printing company Markforged has received an undisclosed investment from In-Q-Tel, Inc. (IQT), a not-for-profit investor whose mission is to support high-tech companies with cutting-edge technologies that could benefit the CIA and other U.S. government intelligence agencies. The collaboration between Markforged and In-Q-Tel will further enable the U.S. government…
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WAAM3D Ltd has secured what it calls a major investment from Singapore-baed engineering and technology company Accuron Technologies Ltd. The backing, raised through a Series A funding round, will enable the company to speed up the commercialization of its Wire-bAsed Additive Manufacturing (WAAM) technology for the aerospace and energy sectors,…
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Canadian materials science company Equispheres has been granted $8 million in funding from Sustainable Development Technology Canada (SDTC). The backing will enable Equispheres to scale up the production capacity for its metal additive manufacturing powder over the course of the next two years. The SDTC is a government agency that…
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Elementum 3D, Inc., a Colorado-based R&D company specializing in the development of advanced metals and composites for additive manufacturing, has received an investment from trading firm Sumitomo Corporation of Americas (SCOA). The backing will enable Elementum 3D to expand its marketing and sales efforts for its proprietary metal powder technology.…
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Germany generated around €1 billion in AM-related revenues during 2019 according to the latest estimates from 3dpbm. These estimates are based on SmarTech Analysis’s latest report which sees the overall global AM industry (including AM hardware, materials, AM software and AM services) topping $10 billion in 2019. Let’s take a…
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Aspect Biosystems, a Canadian biotech company specializing in microfluidic 3D bioprinting, has raised $20 million (USD) through a Series A investment round. The funding will enable the bioprinting company to accelerate its work by advancing multiple tissue therapeutic programs, expanding its technology platform and growing its team. The $20 million…
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The World Economic Forum has published a white paper, “3D Printing: A Guide for Decision-Makers,” which addresses possible business and policy changes associated with 3D printing and offers guidance to governments, businesses and other industry stakeholders to help them prepare for potential changes to trade agreements. The crux of the…
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HiETA Technologies Ltd has secured investment from Meggitt (UK) Ltd, a subsidiary of Meggitt PLC, a leading international company specializing in high-performance components and subsystems for the aerospace, defense and selected energy markets. The investment will accelerate the development of the next generation of high-performance and lightweight thermal systems across HiETA’s…
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In an anticipation of SmarTech Analysis’s next report on AM for automotive production, which further builds and expands on the study published in 2019, 3D Printing Media Network can exclusively reveal that all revenue streams associated to AM for automotive production (not including prototyping) are now expected to add up…
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The Navajo Technical University (NTU) and partners have received a grant from NASA to 3D print bi-metallic rocket engine parts for a 2024 lunar mission. The project, which also includes the Marshall Space Flight Center Advanced Manufacturing Center (MSFC), the University of Alabama Huntsville (UAH) and V&M Global Solutions, will…
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