A Form 8-K document date October 9, 2024 and signed by CEO Brad Kreger on October 11, 2024 states that the company has commenced an additional workforce reduction plan, with approximately 32% of the company's workforce to be affected.
Formlabs has launched the large-format Form 4L and Form 4BL 3D printing systems, while giving users the freedom and flexibility to explore the printing of third-party materials via the Developer Platform.
The company expects to deploy the Lumia X1 machine as an alternative to injection moulding - 'especially when high tooling costs and low production volumes are involved' - to accelerate production while maintaining precision and quality.
Researchers at MIT and Delft University of Technology have developed a method of 3D printing that uses heat-responsive materials to print multi-colour and multi-textured objects in one step.
The expansion, which includes IZIT, Altair Consulting, Laser Lines, MONOTECH Systems Limited, and AAM Co., means the company’s technology is now available in 43 countries.
The device is indicated for intervertebral body fusion for use at either one level or two contiguous levels in the lumbar spine, from L2 to S1, for the treatment of degenerative disc disease (DDD) with up to Grade 1 spondylolisthesis.
Allison, principal of 3D Ventures and CEO of Gentle Giant Studios, has been active in AM for 34 years, having contributed to 12 patented advancements in stereolithography, alongside enhancements to software, process and technology.
