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Money & Funding
KINGS 3D, the Chinese large industrial SLA 3D printer manufacturer (that we were the first Western AM industry media to follow closely, since very early on) just completed a Series B financing of more than 100 million RMB (nearly $16 million USD). The investment was led by Rongyi Investment and…
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CapStone Holdings Inc. established a new investment division – GameAbove Mobility – to focus capital and strategic partnerships with established, innovative companies creating the next generation of mobility solutions, including autonomous/connected vehicles, heavy lift drones, and unmanned aerial vehicles. Today’s announcement coincides with GameAbove Mobility’s significant investment in Local Motors,…
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Dimension Inx, a regenerative biomaterials company, has been awarded funding from the United States Department of Defense to develop innovative products to repair tracheal injuries. The $240,000 award will support the initial development of a new tracheal implant solution that overcomes current limitations and can be readily applied for emergency…
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Carpenter Technology Corporation (NYSE: CRS) reported a net loss of $40.5 million, or $0.84 loss per diluted share, and a 40% decrease in revenues in Q3 of the current financial year. Excluding special items, the adjusted loss per diluted share was $0.54 for the quarter. The Carpenter Additive division, which…
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Materialise (NASDAQ:MTLS), a leading global provider of 3D printing services and software, registered total revenue of €45.5 million for the first quarter of 2021, a slight decrease compared to €46.2 million for the 2020 period. Adjusted EBITDA was €5,.3 million for the first quarter of 2021 compared to €3.6 million…
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Shapeways, Inc., a pioneer in the segment of additive manufacturing production services, and Galileo Acquisition Corp. (NYSE: GLEO), a publicly traded special purpose acquisition company (SPAC), have entered into a definitive merger agreement for a merger transaction in which Shapeways will be acquired by Galileo. Upon closing of the transaction,…
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The future of space exploration depends on humanity’s ability to extract resources in space. In-situ resource utilization (ISRU) will be key to supplying future explorers with food, shelter, energy, water and air. While ISRU is a futuristic concept, it has great potential for accelerating key technologies on Earth. The European…
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Immensa Technology Labs was approved for additive manufacturing by KSA’s Ministry of Investments. This license represents the first of its kind to be issued in Saudi Arabia and is in line with ‘Vision2030’ and the National Industrial Development and Logistics Program (NIDLP) which is giving importance to industry 4.0 with…
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The Additive Manufacturing Trend Report 2021 from 3D Hubs revealed the additive manufacturing market grew by 21 percent in 2020, to a total of $12.6B, and is expected to continue to grow by 17 percent annually over the next three years. The report found further evidence of market growth on…
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3YOURMIND, a US-German software company in additive manufacturing, closed a new Series A+ financing round with two prominent European investors. LBBW VC, the venture capital arm of Landesbank Baden-Württemberg, is strategically focused on supporting highly innovative companies with scalable B2B business models in emerging markets. Verve Ventures, located in Switzerland,…
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