Money & Funding
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NASA’s 2023 annual Breakthrough, Innovative, and Game-Changing (BIG) Idea Challenge is asking university students to design a metal production pipeline on the Moon – from extracting metal from lunar minerals to creating structures and tools. The ability to extract metal and build needed infrastructure on the Moon advances the Artemis…
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ATTRACT, a pioneering initiative bringing together Europe’s fundamental research and industrial communities to lead the next generation of detection and imaging technologies, aims to develop a funding model to help diminish the time needed and increase the chances of great ideas leaving labs, hitting the market, and directly benefiting society.…
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NUBURU, an industry leader in high power and high brightness industrial blue lasers, and TWND Corp. (NYSE: TWND), a special purpose acquisition company, have entered into a definitive agreement that puts NUBURU on the path to becoming a publicly listed company. Upon the closing of the transaction, the combined company…
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Prellis Biologics, a biotherapeutics company utilizing its proprietary, high-resolution bioprinting technology to recreate and engineer human tissues in vitro, has appointed Michael Nohaile, PhD as its new CEO, and has raised a $35 million Series C funding round, co-led by Celesta Capital and Avidity Partners with participation from Khosla Ventures,…
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voxeljet AG, a provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, has entered into a sale-leaseback arrangement expected to generate approximately €26.5 million in gross proceeds. The company plans to use the proceeds from this transaction to repay its financial liabilities. The transaction…
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Desktop Metal has announced its financial results for the second quarter ended June 30, 2022. “Desktop Metal continued to build on its momentum in the second quarter, delivering record revenue of $57.7 million and expanding non-GAAP gross margins to 26.7%,” said Ric Fulop, Founder, and CEO of Desktop Metal. “Our…
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Stratasys Q2 2022 revenues totaled $166.6 million, a 13.3% growth over the second quarter of 2021 (16.4% on a constant currency basis), making it the highest second-quarter revenue result in four years. Stratasys (Nasdaq: SSYS), a leader in polymer 3D printing solutions, also reported second-quarter GAAP net loss of $24.4…
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Materials scientists at the UCLA Samueli School of Engineering, led by Bruce Dunn, who holds UCLA’s Nippon Sheet Glass Company Chair, and Morris Wang, along with colleagues at Lawrence Livermore National Laboratory, have been selected to receive another $900,000 grant from the US Department of Energy (DOE) – to demonstrate…
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The Stratasys Board of Directors has unanimously adopted a limited duration Shareholder Rights Plan. Although it is never mentioned directly, the move could be seen as a response to the recent acquisition of a 12.12% stake in the company by Nano Dimension and a way to protect Stratasys shareholders by…
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Boston Micro Fabrication (BMF), a pioneer in microscale 3D printing systems, has successfully closed its Series C round of funding, with a total of $43 million. The round was led by Shenzhen Capital Group Co., Ltd. In the past, additive manufacturing has proven to be the most valuable when creating…
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