The project, which originated as a Navy-funded initiative, was successfully transitioned to the Army following the completion of Phase One and is now entering Phase Two with a 2 million USD contract.
With Markforged, Nano Dimension says it aims to expand its reach with its metal and composite technologies, of which there are over 15,machines installed globally, alongside its AI and cloud-based manufacturing capabilities.
Desktop Metal has alleged that Nano Dimension had not used 'reasonable best efforts' to obtain regulatory approval of its proposed takeover of Desktop 'as soon as practicable'
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.
