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Rocket Lab raises $75 million for production of electron rocket with 3D printed engine Money & Funding

by Business

US and New Zealand based rocket manufacturer Rocket Lab has closed a $75m Series D financing round, led by Data Collective, with additional investors Promus Ventures and an undisclosed investor. The company has partnered with this group of investors because of their experience in the space industry. They have also renewed participation in this round from existing investors – Khosla Ventures, Bessemer Venture Partners and K1W1 – who have provided continued expertise and support in the company’s effort to make space accessible to everyone. The closure of the round brings the total funding Rocket Lab has received to date to $148 million, with the company value now in excess of $1 billion (USD). Currently, small satellite companies wait years to get on orbit, often at the mercy and schedules of larger payloads. With Electron, they will be provided a high-frequency, quality launch service that will take customers where they want to go, when they want to fly. The commercial and humanitarian applications this will open up are endless. The satellites Electron will launch are used to provide optimized crop monitoring, natural disaster prediction, Internet from space, improved weather reporting, up-to-date maritime data and search and rescue services.

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FATHOM Offers Specialized On-Site Managed Services for AM Equipment 3D Printing Service Providers

by Business

US West Coast (Oakland and Seattle) based FATHOM, an advanced manufacturer of prototypes and production parts with an expertise in 3D printing, expanded it offer of on-site managed services that enhance a company’s in-house 3D printer and additive manufacturing equipment operations. This comprehensive and customizable staffing approach allows machine owners to maximize investments with highly trained experts who accelerate implementation, streamline workflow, and decrease downtime.

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3DPrinterOS Powers New Zealand’s First Consumer 3D Printing Farm at 3Design 3D Printing Service Providers

by Design

When 3Design first entered the New Zealand 3D printing market, they thought that this innovative technology would spark a surge in a range of consumers from business owners to hobbyists to integrate 3D printing into their lives. The team soon discovered that there was a high demand for 3D printing from businesses, but a lack of demand from the general public. People who wanted to try out 3D printing did not want to have to buy an expensive 3D printer or keep up with its maintenance. The idea of 3D printing seemed intimidating because of the knowledge needed to successfully operate a printer to get the outcome you are looking for.

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3DPrinterOS Powers New Zealand’s First Consumer 3D Printing Farm at 3Design 3D Printing Processes

by Consumer

When 3Design first entered the New Zealand 3D printing market, they thought that this innovative technology would spark a surge in a range of consumers from business owners to hobbyists to integrate 3D printing into their lives. The team soon discovered that there was a high demand for 3D printing from businesses, but a lack of demand from the general public. People who wanted to try out 3D printing did not want to have to buy an expensive 3D printer or keep up with its maintenance. The idea of 3D printing seemed intimidating because of the knowledge needed to successfully operate a printer to get the outcome you are looking for.

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CELLINK System Used to 3D Bioprint Human Cartilage for Implantation in Mice Bioprinting

by Medical

Swedish researchers at Sahlgrenska Academy and Chalmers University of Technology have successfully induced human cartilage cells to live and grow in an animal model, using 3D bioprinting. The results will move development closer to a potential future in which it will be possible to help patients by giving them new body parts through 3D bioprinting. The results were recently presented in the journal Plastic and Reconstructive Surgery Global Open.