News and Insights of 3D Printing and Manufacturing
L3Harris Technologies (NYSE: LHX) and Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) signed a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for $58 per share, in an all-cash transaction valued at $4.7 billion, inclusive of net debt. Lockheed Martin has entered an agreement to acquire Aerojet Rocketdyne in 2020 but that was blocked by the FTC, in the agency’s first litigated defense merger challenge in decades.
American Banknote Corporation (ABCorp), one of the longest-standing manufacturing service providers in the US, has entered a partnership with sports technology startup BATS-TOI to manufacture ‘The Mercado’ – the most advanced multisport headgear on the market, using 3D printing technology.
Hexagon AB, a global leader in digital reality solutions combining sensor, software, and autonomous technologies, has invested $100 million (a portion of which is subject to certain regulatory approvals) in Divergent Technologies Inc., a pioneer of green manufacturing technologies with the first modular digital factory for the automotive industry.
Mott and Conflux, two leading advanced manufacturing companies in the United States and Australia, respectively, are partnering to bring Conflux’s 3D printed thermal solutions to North American markets.
Fortify, a full-stack materials science and digital manufacturing company, announced today that it has received a strategic investment from Lockheed Martin Ventures, the venture capital arm of Lockheed Martin Corporation (NYSE: LMT). The funds will be used for the process and material development of additive manufacturing of RF (radio frequency) devices.
According to NNR, Amaero International has signed a binding joint venture (JV) agreement with Rabdan Industries for additive manufacturing and metal powder production in Abu Dhabi, UAE.
The Board of Directors of BICO Group AB has exercised the authorization granted by the Annual General Meeting to issue up to 6,408,626 class B shares (“New Shares”) in full, equivalent to ten percent of outstanding shares in the company prior to the transaction, through a directed share issue to Sartorius AG.
Lockheed Martin Corporation, (NYSE: LMT), and Sintavia, LLC, have entered into a collaboration to expand research of metal additive manufacturing (AM) opportunities as an alternative to castings and forgings. AM, also known as 3D printing, has the capability to improve efficiencies in existing castings and forgings supply chains and provide parts with a higher level of detail and greater design opportunities.
Hexagon’s Manufacturing Intelligence division and Stratasys have applied Hexagon’s simulation technology to capture the behavior of Stratasys’ high-performance, ultra-lightweight Antero-reinforced polyetherketoneketone (PEKK) materials and its additive manufacturing processes. These rigorously-validated simulations offer Stratasys customers unique insight – enabling them to lightweight components and introduce new sustainable aircraft and spacecraft, faster.
Mikrocentrum and Brainport Development have entered a partnership with the focus on ‘bringing the value chain of additive manufacturing to a global market’. Bert-Jan Woertman and Paul van Nunen have signed a joint declaration of intent on behalf of both parties during the recent Precision Fair.