News and Insights of 3D Printing and Manufacturing
Prototek Holdings LLC, a leading North American digital manufacturing provider of industrial 3D printing and other manufacturing processes, acquired Prototype Solutions Group (PSG). PSG is a leading provider of quick-turn prototyping in CNC, additive and cast manufacturing located in northern Wisconsin, about one hour east of Minneapolis, MN.
Nano Dimension Ltd. (Nasdaq: NNDM) continues to shock the AM market with strategic acquisitions. After Nano Fabrica (now Fabrica Group) and more recently Adamtec/Formatec, the company has completed a strategic acquisition of 12.12% of additive manufacturing market leader Stratasys. Having visited Nano Dimension when it was just a two-story office with R&D capabilities in a building near Rehovot, Israel, only a few years ago, this achievement is all the more impressive.
Prototek Holdings LLC (“Prototek“), a leading North American provider of industrial 3D printing and other digital manufacturing services for low-volume production, completed the acquisition of ProtoCAM, a premier industrial 3D printing company located in Allentown, PA. ProtoCAM will merge into Midwest Prototyping, Prototek’s additive manufacturing arm acquired in July 2021.
In the wake of the high-profile merger between Ultimaker and Makerbot, another pioneering filament extrusion 3D printer manufacturer, Czech Republic-based Prusa Research is making moves. The company founded by Josef Prusa has acquired reseller Printed Solid Inc. to expand direct sales and support into the USA.
No one likes to do these stories but they have to be reported: 3D printed manufacturer Rize 3D, a company that was offering a unique mix of extrusion and piezo-jetting for full-color 3D printing capabilities, has shut down. This actually happened a few months ago but, as we said earlier, no one likes to do these stories. The company’s special media accounts have been silent for a few months now and a new company, Palitra, has been established to offer support for existing Rize 3D customers.
SLM Solutions Group has received an order by MAN Energy Solutions (“MAN ES”), a leading technology solutions provider and a subsidiary of the Volkswagen Group, for an NXG XII 600. The powerful 12-laser Selective Laser Melting system is well suited for the energy sector as it can meet the needs for a broad spectrum of robust, highly stressed applications that call for stringent mechanical properties.