Swedish global engineering group Sandvik has acquired a significant stake in Italian metal 3D printing service provider Beam IT. Offering DMLS, SLM, SLS and EBM this company, headquartered in Parma, h…
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Xometry plans European expansion following investment from Bosch
On demand manufacturing marketplace Xometry has welcomed Robert Bosch Venture Capital (RBVC) to its Series D funding round. First announced in May 2019, Xometry’s most recent venture funding is …
Mitsui Machine Tech to introduce FIT additive manufacturing services in Japan
FIT Additive Manufacturing Group, a German 3D printing service provider has announced a collaboration with Mitsui & Co. Machine Tech Ltd., a subsidiary of Japanese conglomerate Mitsui & Co., L…
Nano Dimension reports preliminary Q2, H1 2019 results, appoints strategic advisor, plans launch of new 3D printer
Israeli electronics 3D printing company Nano Dimension (TLV:NNDM) has reported its preliminary results for the second quarter and first half of FY2019. Still subject to potential changes at period-end…
Mining company PRG buys Metalysis out of administration
After falling into administration at the beginning of June, UK metal additive manufacturing powder manufacturer Metalysis has secured a buyer. Following what joint Grant Thornton administrator Eddie W…
Renishaw opens $5 million facility in Nuevo León, Mexico
British metal additive manufacturing specialist, Renishaw, has opened a $5 million facility in Nuevo León, Mexico, to support its growing customer base. This new 3200 m² site will provide technical su…
Autodesk Q1 2020 earnings “a strong start” for year ahead with $735M headline revenue
Award winning 3D software developer Autodesk has announced financial results for the first quarter of fiscal 2020. Total revenue for the company increased 31% to $735 million compared to the same peri…
Metalysis falls into administration, seeks buyer
Financial difficulties at UK based metal 3D printing powder manufacturer Metalysis has forced directors to place the company into administration. As of June 3, 2019, Eddie Williams and Chris Petts of …
Ultimaker rebrands and relocates headquarters to Utrecht
Dutch 3D printer manufacturer Ultimaker has announced the relocation of its Geldermalsen-based global headquarters to Utrecht, central to the Netherlands, as well as a company rebrand. “The strategic…
Industry 2030 releases a vision of future European industry, identifies 3D printing as essential
The Industry 2030 High Level Industrial Roundtable, an expert panel appointed by the European Commission, has identified 3D printing as a key driver of innovation in its latest report ‘A vision for th…