ArianeGroup extends partnership with GKN Aerospace Aerospace

GKN Aerospace has signed a contract with ArianeGroup to supply the next phase of Ariane 6 turbines and Vulcain nozzles. The contract includes the manufacturing and supply of units for the next 14 Ariane 6 launchers – to be produced from now until 2025, and covers the industrialization period of breakthrough laser-welded technology and additively manufactured structures.

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Hexagon acquires digital twin creation company Loclab AM Industry

Hexagon AB, a global leader in digital reality solutions combining sensor, software, and autonomous technologies, has acquired LocLab – a company whose proprietary technology, enabled by a high degree of automation using proven workflows and artificial intelligence, allows the cost- and time-efficient creation of digital twins. This is Hexagon’s second major investment in the past month, the first of which was the recent investment of $100 million in Divergent Technologies.

L3Harris to acquire Aerojet Rocketdyne AM Industry

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.

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Stratasys and 3Shape partner on color dental models Medical AM

Stratasys Ltd. (NASDAQ: SSYS) and intraoral 3D scanner specialist 3Shape are introducing a new automated 3D printing color workflow using 3Shape’s Dental System software and the Stratasys J5 DentaJet 3D printer. Using an intraoral scanner and 3Shape’s software, dental labs can capture both color and geometric information of the patient’s mouth. Users of Stratasys’ 3D printer can then import the data and print extremely accurate personalized full-color dental models.

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Brad Kreger appointed Executive Vice President of Operations at Velo3D AM Industry

Velo3D has appointed Brad Kreger as the Executive Vice President of Operations to support the company’s goals in production growth, quality standards, and cost reduction. Brad Kreger brings decades of experience overseeing and rapidly scaling operations in hardware production, including tenures at Thermo Fisher Scientific and its subsidiary Affymetrix, and Fluidigm Corporation. He will have oversight of Velo3D’s various manufacturing facilities and their corresponding teams, reporting to Benny Buller, Founder, and CEO of Velo3D.