News and Insights of 3D Printing and Manufacturing
Jagtar Narula will join 3D Systems as Executive Vice President and Chief Financial Officer, effective September 14. He will report to President and CEO, Dr. Jeffrey Graves, and lead the company’s Finance organization, including all finance operations and investor relations. With a strong technical foundation and extensive experience in investment strategy, Jagtar will play a central role in capital deployment for growth and margin expansion.
Women in 3D Printing this week published the latest edition of its Diversity for Additive Manufacturing report, a special volume which not only focuses on gender diversity in our industry but also on the inclusion of minorities. The newly released report reckons with the issue of diversity and systemic racism, a long running and deeply embedded problem in our world, which has been in particular focus this year due to the disproportionate impact of the COVID-19 pandemic, as well as the Black Lives Matter movement. Importantly, the report positions AM within this unequal dynamic, aiming to promote diversity and inclusion in the sector as well as to highlight existing initiatives that support them.
Bioprinting company CELLINK has entered into an agreement with the owners of Scienion AG, a German life science company focusing on precision dispensing technologies, to acquire all shares for a purchase price on cash- and debt-free basis of 80 million euros. Of these, 40 million euros will be paid in 2,814,032 newly issued shares of series B in CELLINK and the remainder in cash.
Ultimaker and 3D Metalforge have teamed up to launch an industrial fused filament fabrication (FFF) 3D printing facility in Singapore. The site, reportedly the largest industrial FFF facility in Southeast Asia, comprises 21 Ultimaker S5 3D printers and is capable of 24/7 3D printing.
FATHOM, a leading AM service provider which is now part of the portfolio of companies owned by CORE Industrial Partners (a Chicago-based private equity firm), has acquired GPI Prototype & Manufacturing Services, LLC, a leading metal additive manufacturing services provider. CORE acquired Midwest Composite Technologies in 2018, and FATHOM and ICOMold in 2019. All four companies will be moving forward under the FATHOM brand.
There were bound to be some casualties in the 3D printing industry due to the economic challenges posed by COVID-19. We are sad to report today that one of the companies closing its doors is Brooklyn’s Voodoo Manufacturing. The company, which was founded in 2015, has made the decision to shutter its 3D printing service permanently.
Sigma Labs, Inc., a developer of quality assurance software for additive manufacturing, has announced that AM industry veteran Steve Immel is joining its leadership team in the position of Senior Director Business Development for North America. In his new role, Immel will be responsible for engaging with 3D printer OEMs, additive manufacturing companies, academic institutions and research groups to accelerate the adoption of Sigma Labs PrintRite3D in-process quality assurance solutions for production applications.
3D Printz Limited, the Shropshire-based 3D printing company, has signed another supply deal with a top American manufacturer. The company, based at Hortonwood in Telford, is now supplying the entire range from Florida-based Slice Engineering. It includes more than a dozen products, from adapters and cables to cooling fans and hotend components.
With its propensity for custom, one-off designs, it is no wonder that 3D technologies like scanning and 3D printing have been eagerly adopted by automotive restoration professionals. The technologies have literally given them the tools to bring vintage and rare cars back to their former glory, not just in look, but often also in terms of performance. Whether used to reproduce an obsolete component for a vintage model or to replicate the entire car body, 3D printing is now an intrinsic part of automotive restoration projects. Here are a few of our favorite examples from over the years that demonstrate the many ways 3D printing and 3D technologies can be used to rev up old cars.
Forward AM, a 3D printing company by BASF, has announced the acquisition of Owens Corning’s XSTRAND business line of AM materials. The agreement will see Forward AM expand its portfolio to include advanced glass fiber reinforced filaments, helping to further cement its position as a leading 3D printing materials and service provider.