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'
This strategic acquisition, Tethon says, will enhance its manufacturing capabilities, expand its resin portfolio, and increase its global market share.
nTop believes that by folding cloudfluid into the business, applications in aerospace, defence, and turbomachinery - 'where fluid dynamics are crucial' - will be expanded.
Sintavia is the first organisation to receive capital from the investment and will use the cash to refinance existing equipment loans and provide general working capital for the business.
The large format additive manufacturing specialist hopes to build on its 25% revenue increase as it unveils the company’s new 3D printing robot demonstration centre.
On the latest episode of the Additive Insight podcast, we're joined by Shapeways CEO Marleen Vogelaar and COO Jule Witte to discuss how the pair helped to rescue the Shapeways brand and what comes next for the company.
The metal additive manufacturing company says Sidwell will ‘support the company's growth objectives and lead its sales and business development teams’ and ‘achieve its new corporate vision.’
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.
