The Miami-based climate resilience company says that demand for its 3D printed Living Seawalls has accelerated as coastal communities 'race to replace ageing shoreline infrastructure with more resilient solutions.'
BigRep GmbH shares are being sold to De Krassny GmbH, Koehler Invest GmbH, and Hage Holding GmbH, with the BigRep holding company filing for liquidation.
The company says the investment marks a 'deliberate and exciting' new chapter for Phase3D, with a plan in place to move from a 'high-mix custom build model to standardised product manufacturing at scale.'
Nano has gradually been divesting many of its additive manufacturing investments, with Desktop Metal, Fabrica, and Markforged, as well as its flagship Additively Manufactured Electronics business, all being sold off in the last 12 months.s