{"id":68805,"date":"2019-07-29T13:33:03","date_gmt":"2019-07-29T05:33:03","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/prodways-ipo-announced-as-3d-printing-investment-activity-increases-in-2017.3dm"},"modified":"2019-07-29T13:33:03","modified_gmt":"2019-07-29T05:33:03","slug":"prodways-ipo-announced-as-3d-printing-investment-activity-increases-in-2017","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/prodways-ipo-announced-as-3d-printing-investment-activity-increases-in-2017\/","title":{"rendered":"Prodways IPO announced as 3D printing investment activity increases in 2017"},"content":{"rendered":"<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<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">125<\/span><span>shares<\/span><\/div>\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 class=\"dpsp-network-count\">83<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">41<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">1<\/span><\/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;\">Groupe <\/span><span style=\"font-weight: 400;\">Gorge\u0301<\/span> <span style=\"font-weight: 400;\">(EPA:GOE) <\/span><span style=\"font-weight: 400;\">will launch their 3D printing division, the Prodways Group via an initial public offering (IPO) later this year. The IPO will see Groupe <\/span><span style=\"font-weight: 400;\">Gorge\u0301<\/span><span style=\"font-weight: 400;\"> remain as the largest shareholder while funds are raised to increase the capital of Prodways. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Subject to market conditions, Prodways will seek a listing on the Euronext Paris stock exchange. The news follows <\/span><span style=\"font-weight: 400;\">ongoing<\/span> <span style=\"font-weight: 400;\">investment<\/span> <span style=\"font-weight: 400;\">activity<\/span><span style=\"font-weight: 400;\"> in the 3D printing industry for the first quarter of 2017 and the <\/span><span style=\"font-weight: 400;\">progression of national strategies<\/span><span style=\"font-weight: 400;\"> focused on <\/span><span style=\"font-weight: 400;\">additive manufacturing<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<figure id=\"attachment_106531\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-106531\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-1024x768.jpg\" alt=\"Prodways ProMaker L5000. Photo by Michael Petch.\" width=\"1024\" height=\"768\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-1024x768.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-770x578.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-200x150.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-500x375.jpg 500w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch..jpg 1120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">Prodways ProMaker L5000. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><b>Analysis of 3D printing revenue at Prodways<\/b><\/p>\n<p><span style=\"font-weight: 400;\">According to a press release by Groupe <\/span><span style=\"font-weight: 400;\">Gorge\u0301<\/span><span style=\"font-weight: 400;\">, \u201c<\/span><i><span style=\"font-weight: 400;\">Prodways Group is the sole European company present at every stage of the 3D printing value chain (machines, materials, parts and services)<\/span><\/i><span style=\"font-weight: 400;\">.\u201d In <\/span><span style=\"font-weight: 400;\">Groupe <\/span><span style=\"font-weight: 400;\">Gorge\u0301<\/span><span style=\"font-weight: 400;\">\u2019s most recent financial report <\/span><span style=\"font-weight: 400;\">total revenue from 3D printing was \u20ac25.2 million<\/span><span style=\"font-weight: 400;\"> for 2016 and consolidated revenue across the group \u20ac281.2.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Revenue from 3D printing activity can be further analysed between the Systems and Products divisions. Systems revenue relates to materials and machines and was <\/span><span style=\"font-weight: 400;\">\u20ac13.1 million for 2016. Revenue from the Products division comprises parts on request and industry applications. In 2016 total Products revenue at Prodways was \u20ac12.1 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Both divisions derive the bulk of revenue from exports, with 90% of Systems revenue and 58% of Products revenue coming from non-domestic sales. According to <\/span><span style=\"font-weight: 400;\">Raphael Gorge\u0301, CEO of Groupe Gorg\u00e9, <\/span><span style=\"font-weight: 400;\">Prodways was originally established to develop \u201c<\/span><i><span style=\"font-weight: 400;\">a range of DLP machines using MOVINGLight technology<\/span><\/i><i><span style=\"font-weight: 400;\">.\u201d <\/span><\/i><\/p>\n<p><b>Expanding sales and strategic partnerships<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Prodways has expanded via sales growth, strategic partnerships and <\/span><span style=\"font-weight: 400;\">a number of acquisitions since Groupe <\/span><span style=\"font-weight: 400;\">Gorge\u0301<\/span><span style=\"font-weight: 400;\"> began their venture into the 3D printing industry<\/span><span style=\"font-weight: 400;\">. In the company\u2019s most recent report to investors, the development of  \u201c<\/span><i><span style=\"font-weight: 400;\">new proprietary technologies for metal 3D printing machines<\/span><\/i><span style=\"font-weight: 400;\">\u201d was also announced. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Subscribe to the <a href=\"\/service\/3d-printing\"> Industry newsletter<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">follow our active social media channels<\/span><span style=\"font-weight: 400;\"> to be the first with all the latest investment news. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>125shares 83 41 1 Groupe Gorge\u0301 (EPA:GOE) will launch their 3D printing division, the Prodways Group via an initial public offering (IPO) later this year. The IPO will see Groupe Gorge\u0301 remain as the largest shareholder while funds are raised to increase the capital of Prodways. Subject to market conditions, Prodways will seek a listing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182709,"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\/2017\/02\/Prodways-ProMaker-L5000.-Photo-by-Michael-Petch.-1024x768.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"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>Prodways IPO announced as 3D printing investment activity increases in 2017 - FacFox News<\/title>\n<meta name=\"description\" content=\"125shares83411Groupe Gorge\u0301 (EPA:GOE) will launch their 3D printing division, the Prodways Group via an initial public offering (IPO) later this year. 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