{"id":66206,"date":"2019-07-23T10:05:01","date_gmt":"2019-07-23T02:05:01","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/xponentialworks-expands-manufacturing-facility-in-ventura-to-provide-more-industry-4-0-jobs.3dm"},"modified":"2019-07-23T10:05:01","modified_gmt":"2019-07-23T02:05:01","slug":"xponentialworks-expands-manufacturing-facility-in-ventura-to-provide-more-industry-4-0-jobs","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/xponentialworks-expands-manufacturing-facility-in-ventura-to-provide-more-industry-4-0-jobs\/","title":{"rendered":"XponentialWorks expands manufacturing facility in Ventura to provide more Industry 4.0 jobs"},"content":{"rendered":"<aside class=\"share-article-vertical hide-on-print fixed-me show-for-medium\">\n<h6>14<span>Shares<\/span><\/h6>\n<p><i class=\"fa fa-facebook\"><\/i><span>0<\/span><br \/>\n<i class=\"fa fa-twitter\"><\/i><span>14<\/span><br \/>\n<i class=\"fa fa-google-plus\"><\/i><span>0<\/span><br \/>\n<i class=\"fa fa-linkedin\"><\/i><span>0<\/span><br \/>\n<\/aside>\n<div class=\"post-content-container\">\n<div class=\"post-content entry-content cf\">\n<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">XponentialWorks<\/span><span style=\"font-weight: 400;\">, a California-headquartered venture investment, advisory and product development firm for 3D printing and other Industry 4.0 technologies, has announced the expansion of its Innovation Labs based in Ventura, CA, with the opening of a new manufacturing facility. The new building will double its existing floor space, and was established to reflect the growth of XponentialWorks\u2019 portfolio companies, which are beginning to commercialize their products and services. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Companies within XponentialWorks\u2019 portfolio, like <\/span><span style=\"font-weight: 400;\">Nexa3D<\/span><span style=\"font-weight: 400;\">, will also benefit from the enhanced manufacturing infrastructure generated by the expansion, including an array of new Manufacturing 4.0 jobs. This will help to scale the companies commercial and manufacturing output. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Our ongoing growth and expansion validates our initial site selection in Ventura and reflects the growing needs of our portfolio companies and the resilience and endurance of our unique business model,&#8221; explained Avi Reichental, CEO of XponentialWorks. <\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">&#8220;Each of our portfolio companies now has greater resources to  develop, manufacture and scale their commercialization efforts and more importantly, more opportunity to collaborate and collide with other startups and mature companies that together are developing game-changing solutions to some of society&#8217;s biggest challenges.&#8221;  <\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_158728\" style=\"width: 1302px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-158728\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/Nexa3D-at-XponentialWorks.jpg\" alt=\"Nexa3D at XponentialWorks. Photo via XponentialWorks.\" width=\"1302\" height=\"797\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/Nexa3D-at-XponentialWorks.jpg 1302w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/Nexa3D-at-XponentialWorks-1024x627.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/Nexa3D-at-XponentialWorks-770x471.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/Nexa3D-at-XponentialWorks-200x122.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/Nexa3D-at-XponentialWorks-500x306.jpg 500w\" sizes=\"(max-width: 1302px) 100vw, 1302px\" \/><figcaption class=\"wp-caption-text\">Nexa3D at XponentialWorks. Photo via XponentialWorks.<\/figcaption><\/figure>\n<p><b>Establishing Ventura as the new hub for Industry 4.0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">XponentialWorks was founded by Avi Reichental, <\/span><span style=\"font-weight: 400;\">former CEO of 3D Systems<\/span><span style=\"font-weight: 400;\">, in 2015. The company aims to develop digital manufacturing and autonomous robotic technologies, including additive manufacturing, by combining the innovation of startups with the experience of mature businesses within its infrastructure. It focuses on investing in startups to nurture their growth and success, while assisting large, mature companies with digitalization. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">With the expansion of its manufacturing facility, XponentialWorks is aiming to provide an increase in sourcing and supply chain operations, while its portfolio companies undergo the commercialization of their products. This will help create business opportunities for hardware and software suppliers within local and regional areas. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Significantly, the expansion is also part of a bid from Reichental to establish an alternative tech capital to Silicon Beach in Ventura County, cementing the region as a new innovation hub geared towards \u201creviving and expanding the manufacturing space.\u201d Ventura offers lower facility and operational costs, and is in a prime location for sourcing talent, according to XponentialWorks. Since its founding the company has created dozens of jobs in Ventura, and with the new manufacturing space and expanded innovation lab, it is expected that XponentialWorks will create over 100 more jobs within the next year. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Ventura is quickly becoming the heart of our portfolio companies&#8217; efforts to digitize the future of manufacturing,&#8221; added Reichental. &#8220;We built our entire ecosystem in Ventura seeking to differentiate from the overcrowded Silicon Beach and Silicon Valley economies and forgo the fierce talent market competition.\u201d <\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cThe announcement of our  third expansion in just 24 months underscores the fact that in selecting Ventura, we have selected a region that offers an attractive and qualified talent pool in a highly desirable community.\u201d <\/span><\/p>\n<\/blockquote>\n<figure id=\"attachment_158729\" style=\"width: 6720px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"size-full wp-image-158729\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/XponentialWorks-Current-Open-Workspace.jpg\" alt=\"XponentialWorks current open workspace. Photo via Nexa3D at XponentialWorks. Photo via XponentialWorks.\" width=\"6720\" height=\"3776\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/XponentialWorks-Current-Open-Workspace.jpg 6720w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/XponentialWorks-Current-Open-Workspace-1024x575.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/XponentialWorks-Current-Open-Workspace-770x433.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/XponentialWorks-Current-Open-Workspace-200x112.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/XponentialWorks-Current-Open-Workspace-500x281.jpg 500w\" sizes=\"(max-width: 6720px) 100vw, 6720px\" \/><figcaption class=\"wp-caption-text\">XponentialWorks current open workspace. Photo via Nexa3D at XponentialWorks. Photo via XponentialWorks.<\/figcaption><\/figure>\n<p><b>Xponentialworks portfolio of 3D printing companies<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Currently, XponentialWorks has a total of eight startups undernearth its venture portfolio, and five mid-size manufacturing companies as corporate partners. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Examples of startups within its venture portfolio includes the California-based 3D printer manufacturer <\/span><span style=\"font-weight: 400;\">Nexa3D<\/span><span style=\"font-weight: 400;\">, which recently unveiled the new <\/span><span style=\"font-weight: 400;\">Varseo XL SLA 3D printer<\/span><span style=\"font-weight: 400;\"> at the <\/span><span style=\"font-weight: 400;\">International Dental Show<\/span><span style=\"font-weight: 400;\"> (IDS) 2019 in Cologne. <\/span><span style=\"font-weight: 400;\">UNYQ<\/span><span style=\"font-weight: 400;\">,  a company specializing in <\/span><span style=\"font-weight: 400;\">3D printed medical wearables<\/span><span style=\"font-weight: 400;\"> based in San Francisco, and <\/span><span style=\"font-weight: 400;\">NXT Factory<\/span><span style=\"font-weight: 400;\">, the California-based company behind <\/span><span style=\"font-weight: 400;\">Quantum Laser Sintering<\/span><span style=\"font-weight: 400;\"> (QLS), are two more startups that have received investments and mentoring from XponentialWorks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company has also established corporate partnerships with the likes of <\/span><span style=\"font-weight: 400;\">XYZprinting<\/span><span style=\"font-weight: 400;\">, a Taiwanese <\/span><span style=\"font-weight: 400;\">3D printer manufacturer,<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Nano Dimension<\/span><span style=\"font-weight: 400;\">, a pioneer in the <\/span><span style=\"font-weight: 400;\">3D printing electronics<\/span><span style=\"font-weight: 400;\"> market. Avi Reichental himself joined Nano Dimension\u2019s <\/span><span style=\"font-weight: 400;\">board of directors<\/span><span style=\"font-weight: 400;\"> in 2017. <\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Subscribe to the <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Industry newsletter<\/span><\/i><i><span style=\"font-weight: 400;\"> for the latest news in additive manufacturing. You can also keep connected by following us on <\/span><\/i><i><span style=\"font-weight: 400;\">Twitter<\/span><\/i><i><span style=\"font-weight: 400;\"> and liking us on <\/span><\/i><i><span style=\"font-weight: 400;\">Facebook.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Looking for a career in additive manufacturing? Visit <\/span><\/i><i><span style=\"font-weight: 400;\"><a href=\"\/service\/3d-printing\"> Jobs<\/span><\/i><i><span style=\"font-weight: 400;\"> for a selection of roles in the industry. <\/span><\/i><\/p>\n<p><em>Featured image shows XponentialWorks Exterior. Photo via XponentialWorks.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>14Shares 0 14 0 0 XponentialWorks, a California-headquartered venture investment, advisory and product development firm for 3D printing and other Industry 4.0 technologies, has announced the expansion of its Innovation Labs based in Ventura, CA, with the opening of a new manufacturing facility. The new building will double its existing floor space, and was established [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182280,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2019\/07\/Nexa3D-at-XponentialWorks.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170,158],"class_list":["post-66206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting","tag-space"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>XponentialWorks expands manufacturing facility in Ventura to provide more Industry 4.0 jobs - 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