Business

We in the 3D printing industry have known for some time that the technologies can be used to strengthen supply chains and more. This became even more obvious during the pandemic when 3D printing was a critical part of resolving…

Two of the biggest, global 3D printer manufacturers, Stratasys and 3D Systems, announced today new acquisitions in a sign of the continuing growth of the 3D printing market. Stratasys was first with its announcement that it has signed a definitive…

3D printing is widely used in the field of automation such as in compression molding. It’s a formative manufacturing method, currently popular in industry, that involves compressing the desired amount of molding material between two heated presses to give it…

Leading 3D printing solutions manufacturer Stratasys has announced that it has adopted a limited duration shareholder rights plan. The move comes just one week after Nano Dimension, another rapidly growing 3D printer manufacturer, announced that it had acquired about 12%…

It is no secret that additive manufacturing has been growing rapidly over the past few years, especially since it proved its resiliency during the COVID-19 crisis. Though one sign of this of course has been the significant investment in the…

The consulting firm CONTEXT publishes a quarterly study on the additive manufacturing market, focusing on machine shipments across all product lines. This time around, the news from the report is positive, showing growth in orders and shipments, particularly in the…

In more exciting business news from the additive manufacturing market, leading carbon fiber and metal 3D printer manufacturer Markforged has announced that it has entered a definitive agreement with Höganäs AB to acquire Digital Metal. This move will allow the…

In recent months we have seen how the additive manufacturing industry continues to grow. This has taken place in a number of ways from acquisitions and collaborations of large companies in the sector to increased globalization and research into even…

American company Collins Aerospace recently announced the opening of its new additive manufacturing center located in Monroe, North Carolina. The company, which is a subsidiary of the multinational Raytheon Technologies Corporation, opened the additional location for the expansion of its…

Desktop Metal has announced that, among other cost optimization measures, it will be reducing its global workforce by approximately 12%. These layoffs from Desktop Metal are a result of a need to cut costs after a number of acquisitions the…

According to court documents from San Fransisco, the parents of Calvin Yu, who died in a fire caused by a 3D printer in 2020, are suing both the 3D printer manufacturer, Tronxy 3D, and Alibaba. The fire occurred when a…

Earlier this year, research firm IDTechEx published a report on metal additive manufacturing, estimating that its value would reach $18.5 billion within 10 years, showing a gradual recovery of the market. As part of this study, the firm conducted an…