3D Systems has announced that Michael Turner is stepping down as the company’s Chief Financial Officer, effective October 15, 2023, to accept a new career opportunity. Andrew Johnson, 3D Systems’ EVP has been appointed as interim CFO.
The Donerail Group LP, an investment company that owns approximately 2.3% of the outstanding shares in Stratasys, has issued an open letter to the Stratasys Board of Directors. In the letter, Donerail discusses ‘serious concerns’ with the DM deal.
Desktop Metal (DM) has announced that proxy advisory firm Institutional Shareholder Services (ISS) has recommended that its stockholders vote “FOR” the merger with Stratasys at the upcoming special meeting of Desktop Metal stockholders.
Reuters has reported that influential proxy advisory firm Institutional Shareholder Services has recommended that Stratasys shareholders reject the proposed Desktop Metal merger.
Nano Dimension has announced that it has received approval from the Israeli court to continue with its 227.5 million USD share repurchase plan, which was announced by the company in August 2023.
Hyphen Innovations and the United States Air Force (USAF) have collaborated to develop a vibration suppression method which allows for the suppression of vibration stresses by up to 95% in critical turbine engine parts.
Having worked together since 2002, BMW operates four of ExOne’s Exerial sand 3D printers, with two additional ExOne machines slated for installation in the future.
Peopoly has announced the launch of its Magneto X extrusion 3D printer, which is equipped with a proprietary magnetic levitation linear motor system for the X and Y axes.
German railway company Deutsche Bahn has certified the use of Essentium’s High Speed Extrusion (HSE) 3D printing platform and materials for train parts and tools.