Category Archives: Business

Proto Labs expands capacity with $120M acquisition of Rapid Manufacturing Group

Proto Labs (NYSE: PRLB), the global manufacturing and 3D printing service bureau, has announced that it will acquire Rapid Manufacturing Group, LLC (RAPID). The terms of the deal have been announced as “a purchase price of $120 million consisting of $110 million in cash and $10 million in Proto Labs stock. RAPID’s 2017 annual revenue […]

XYZPrinting continues strategic alliance plans with BEGO and Nexa3D partnership

Taiwan’s XYZPrinting is one of the runaway success stories in the 3D printing industry. At this years formnext, the company demonstrated an ever-growing portfolio of additive manufacturing technologies – a market that the New Kinpo Group subsidiary only entered in 2013. XYZprinting launched 5 new 3D printers at the Frankfurt event last week and recently […]

Renishaw and Identify3D offer industrial answer to IP protection

OEM Renishaw has collaborated with software company Identify3D to produce an end-to-end, secure digital manufacturing process. The collaboration between Renishaw and Identify3D will deliver secure manufacturing to supply chains in the aerospace, automotive, defence and medical sectors, as these industries make the leap to 3D printing. Denial, compromise, sabotage, disaster The issue of protecting intellectual property […]

FITNIK to bring FIT’s 3D printing services to Russian engineering

German 3D printing service bureau FIT AG has announced the establishment of a joint service bureau company with NIK, a Russian engineering firm. The joint venture, named FITNIK, will produce 3D printed components from a new plant in the Russian city of Zhukovsky. A “robust manufacturing process” for NIK NIK is a company consisting of […]

Binder jetting leaders ExOne and voxeljet report earnings for Q3 2017

Two of the 3D printing industry’s leading binder jetting systems and services providers have reported earnings for the third quarter of FY 2017. The Pennsylvania headquartered ExOne Company (NASDAQ:XONE) has reported a total revenue of $15.9 million up 22% on the same period in 2016. Across the pond in Friedberg, Germany, voxeljet’s (NYSE: VJET) headline […]

XYZprinting announces three new partnerships aimed at industrial 3D printing

XYZprinting has announced new commercial partnerships with three different OEMs to increase the range of 3D printing services that it offers. The Nexa3D, DWS and Sicnova partnerships will see the OEMs creating 3D printers under the XYZprinting brand name. Additionally DWS will market XYZprinting’s DLP machines under its own branding. Funding for Nexa3D hits $10 […]

Materialise financial results see double digit revenue growth for Q3 2017

Materialise NV (NASDAQ:MTLS) has announced financial results for the third quarter ended September 30, 2017. Business at the Belgium based additive manufacturing software specialist and 3D printing service company is booming. Highlights from the latest results show that total revenue increased by 12.4% versus the comparative figure from 2016, reaching EUR32.3M ($37.6M). 3D printing bureau […]