3D Systems has announced it is to reduce its workforce by 20% in a ‘difficult but essential step’ to ‘better position the company for sustainable and profitable growth’.
A look at Ultima Forma, a metal forming company with a novel electrodeposition process that it describes as metal additive manufacturing, but quite different to 3D printing.
Nexa3D is set to acquire fellow XponentialWorks investee and 3D printing vendor NXT Factory subject to customary and deal-specific closing conditions being met.
General Motors has added 17 Stratasys FDM machines to its 3D printing capacity as it looks to take advantage of the technology's ability to produce lightweight tooling at faster speeds and lower costs.