Stock Market

Robo 3D now listed on the Australian Securities Exchange

Hailing from the Golden State of Califorinia, 3D printer producers Robo 3D (ASX: RBO) are now listed on the Australian Securities Exchange (ASX), marking a significant success in the fledgling (now 3-4 years old) company’s history and pre-empting market advancement in Asia and the Pacific. 

Robo 3D printers

Robo’s printers so far all use the FFF method of 3D printing. At CES 2016, the Robo 3D R2 printer was recognized with an innovation award for its qualities in engineering, design, functionality and ingenuity compared to other 3D printers on the market. The company have also attained 4.6 out of 5 on the independent Verified Reviews site for their service and commitment to customers.

A 3D printed T-Rex skull on the C2 model. Photo via: ROBO3D on Twitter
A 3D printed T-Rex skull on the C2 model. Photo via: ROBO3D on Twitter

The Robo R2 was released in 2016 after a successful Kickstarter funding campaign. The company originally launched via a Kickstarter campaign in 2013, initially set up by a group of San Diego State University students who wanted low-cost and high quality 3D prints for their projects.

Their printers have found champions in the former editor of Wired Magazine, Qualcomm wireless telecom company and NASA’s youth program coordination team, firmly comfortable in educational and novice applications.

Statement from the co-founder ‘a huge step forward’

Braydon Moreno, co-founder of Robo, comments on the Australian market assimilation in the statement below:

[ASX listing] marks a huge step forward in how we continue to pursue our vision as influencers — ensuring we remain steadfast to our principles as a young and hungry team with an original mission, which has always been to give people a tactile means of expressing their full creative potential through simple, easy-to-use and next-gen 3D printing technologies

Speaking via email to 3DPI, Ryan Legudi, Executive Chairman advised that the company had “received commitments for a total of $6m.” Moreno added,

This is an amazing time for Robo. We will have access to funding that will allow us to carry out some of our new product development endeavors, grow our team and sales efforts, as well as recreate a fresh new brand identity. We are beginning the era of the Robolution! 🙂

Featured image shows Wi-Fi connectivity and accompanying app for the R2. Photo via: ROBO3D on Twitter