Velo3D, who has been hit with an NYSE noncompliance notice after its share price remained at below 1.00 USD for 30 consecutive trading days, will use the net proceeds from the sale of the securities for funding working capital & capital expenditures.
The agreement will allow the development of a business alliance between the two companies which will focus on the growth of Prima Additive's metal additive manufacturing technology portfolio.
GGI considers itself to be a leader in the development and manufacture of complex components via metal injection moulding, but has now moved to incorporate metal 3D printing technology into its offering.
Arevo's IP estate is said to include multiple foundational patents in carbon fibre printing, Z-strength improvement, in-situ and AI build monitoring, and hardware design.
TCT Group Content Manager Sam Davies ponders the future of several publicly listed AM companies as they're hit with the same NYSE noncompliance notice.
CRP USA, a U.S.-based company specialising in advanced 3D printing services with the Windform family of high-performance composites, has announced the appointment of Chris Brewster as its new Chief Executive Officer.
Zeda has announced the acquisition of The Orthopaedic Implant Company (OIC), strengthening its commitment to advancing the distribution of medical devices globally.
Essentium’s public listing fell through when it became clear that the company’s share value would not be above the threshold to receive sufficient PIPE funding six months after its SPAC transaction closed, according to co-founder Blake Teipel.
