Massachusetts startup Desktop Metal have raised a further $45 million in funding for their 3D printing company. This amount brings the company’s funding up to $97 million ($130 million according…
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Carpenter to acquire titanium powder producers Puris in $35 million deal
Carpenter Technology Corporation have announced a new $35 million deal to acquire 3D printing metal powder company Puris LLC. Carpenter are a manufacturing company that produce “titanium alloys,…
Renishaw release interim fiscal results – up 20% on 2015
British engineering company Renishaw (LON:RSW) have released interim results for the last six months of 2016 from July to the 31st December. When compared to the same period in 2015, total revenue is …
Voodoo Manufacturing raises $1.5 million for 3D printing factory
New York-based 3D printing bureau Voodoo Manufacturing have raised a further $1.5 million in investment for their 3D printing factory. With a large number of desktop FDM 3D printers the company have c…
GE releases full year results, plans for industrialization of additive manufacturing
The General Electric Company (NYSE:GE) has reported full year financial results for 2016. With $123.7 billion in full year revenue, the company shows a 5% year on year increase and expects 3D printing…
Carbon become “future-proof” with Oracle cloud
CLIP based 3D printing technology developers Carbon are integrating the Oracle Cloud to manage HR, customer experience, financial services, and their supply chain. Moving to The Cloud will help stream…
GE loans to expand metal additive manufacturing
Increasing the use of 3D printing will be part of GE’s strategy for 2017. Now the multinational company have secured ownership of metal additive manufacturing companies Concept Laser and Arcam A…
Ford announces $4.5 billion for self-driving electric vehicles and advanced 3D printing factories in United States
Ford announced this week that plans to invest in a Mexican automotive production plant are cancelled. The automotive maker will instead expand an existing site in Michigan. Ford CEO Mark Fields reveal…
German Minister announces plan to take the lead in the new digital era of manufacturing
Germany’s Federal Minister of Transport and Digital Infrastructure (BMVI), Alexander Dobrindt, has called for a new government department that will focus on leading the country in the digital era. The…
Indian Government encourages advanced manufacturing with new plan
The Indian Government is formulating a plan to improve its manufacturing output from the current level of 16% to 25% of GDP. The project places advanced manufacturing at the center of this goal. The &…