Desktop Metal has filed a second lawsuit against Nano Dimension, with the company now alleging that Nano breached the terms of their merger agreement when it moved to acquire Markforged last September.
Backflip, an AI technology start-up set up by founders of 3D printing company Markforged, has emerged from stealth mode with 30 million USD in funding.
These changes at board level will cast fresh doubt as to whether the impending acquisitions by Nano Dimension of Desktop Metal and Markforged will be concluded, since Murchinson is believed to be sceptical of the mergers.
Through a recently announced strategic partnership, ADDMAN will produce test parts and prototypes with CF3D technology as the service provider looks to support 'high-stakes' applications like Hypersonics and UAVs.
The 3D printing company, which specialises in composite printing technologies, said TranPham 'will play a vital role in driving Anisoprint’s strategic growth and enhancing its market presence across multiple industries.'
The vote was held at a special meeting of Desktop Metal shareholders, with 96% of the total shares participating in the vote being cast in favour of the acquisition.
Nano Dimension CEO Yoav Stern and Markforged CEO Shai Terem joined an investor call to share details on the motivation behind the acquisition, where their technologies fit together, and plans for profitability.
Markforged has entered into a Settlement and Patent License Agreement with Continuous Composites, potentially resolving all claims and counterclaims in their IP dispute.
