The deal, announced in December last year and thought to be worth around 20 million EUR, did not receive the required majority of votes to be implemented, and the company is now undergoing a restructuring plan.
One of these additional factories is expected to be located in Louisville, Kentucky in order to reduce shipping times for Teleport Print on Demand users.
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.
Reports suggest the strategic review could lead to the divestiture of Desktop Metal, just weeks after Nano Dimension completed the acquisition of the company.
The shares were purchased through a direct purchase of 11,650,485 newly issued ordinary shares at $10.30 per share, leaving Fortissimo with approximately 15.5% of Stratasys’ issued and outstanding ordinary shares.
restor3d says it is 'rapidly approaching positive operating cash flow' but has procured the 38 million USD in fresh capital to advance the commercialisation of the new product lines.
Through the acquisition of these assets, Lumas Polymers now owns patents, technical capabilities, expertise, and equipment that enable the manufacture of tailored materials solutions.
TCT hears from the additive manufacturing industry about whether there's an opportunity for 3D printing technologies amid the Trump administration's global tariffs.
