Ultimaker defies industry trend to achieve double digit revenue growth during H1 2020

Netherlands based 3D printer manufacturer Ultimaker has announced double-digit revenue growth over H1 2020, despite the impact of COVID-19 on customer demand within the wider industry.  Although many of the more industrial 3D printer manufacturers have suffered revenue declines during H1 2020, Ultimaker has turned pandemic-induced disruption into an opportunity. Due to the unpredictability caused by […]

3D Printing News Briefs, August 30, 2020: Roboze, BCN3D & CREA3D, 3D Systems, ASTM International

We’re covering 3D printing business stories in today’s 3D Printing News Briefs, including investments, partnerships, industry executives, and annual reports. Federico Faggin, who invented the microprocessor, is investing in Roboze, and BCN3D is partnering with CREA3D. 3D Systems has named its new CFO. Finally, ASTM International’s Additive Manufacturing Center of Excellence has released its second annual report.

Microprocessor Inventor Invests in Roboze

(Image courtesy of The Federico and Elvia Faggin Foundation)

Italian-American 3D printer manufacturer Roboze has announced that physicist Federico Faggin, the inventor of the microprocessor and co-inventor of both the touchpad and touchscreen, is investing in the company, which designs and produces industrial 3D printers for the production of functional thermoplastic and carbon fiber reinforced parts. Additionally, the prolific inventor will be joining the company’s Advisory Board as a technological consultant. Born in Italy but a naturalized US citizen, Faggin has helped shape modern computer science and won multiple international awards for his efforts, including the United States of America’s National Medal of Technology and Innovation. As a member of the Roboze Advisory Board, he will help the company as it works to increase the development of additive manufacturing solutions.

“A few years ago I met Alessio Lorusso and I recognized in him an exceptional foresight and remarkable creative and organizational skills. With great enthusiasm, I therefore accepted his offer to be part of the ROBOZE Advisory Board,” Eng. Faggin said. “I am proud to see an Italian company that knows how to compete in the global economy with cutting-edge products in such a demanding sector and I am pleased to make my experience available so that ROBOZE can grow as it deserves.”

BCN3D and CREA3D Announce Distribution Partnership

Speaking of Italy, Barcelona-based BCN3D Technologies has announced a distribution agreement with Italian 3D printer distributor CREA3D in order to increase growth in Italy’s 3D printing market. CREA3D has been providing professional 3D printing solutions through both B2B and B2C channels since 2013, and has created a strong online and offline presence for itself. Now, professionals in Italy will benefit from CREA’s distribution of BCN3D’s 3D printer portfolio, made up of the desktop BCN3D Sigma and Sigmax and the professional BCN3D Epsilon system, all of which offer a higher volume of printing per piece due to the company’s Independent Dual Extruder (IDEX) technology.

“We are pleased to cooperate with CREA3D, an alliance which will support us in increasing the sales in the Italian market, where there is a high potential for the IDEX system and the distinctive duplication, mirror and multi material printing modes,” BCN3D’s CEO Xavier Martínez Faneca said. “Their considerable experience in additive manufacturing, combined with a top-quality technical know-how makes CREA3D the right fit to help us grow and serve Italian customers in the best possible way.”

3D Systems Appoints New Chief Financial Officer

3D Systems has announced that Jagtar Narula, the current SVP of Corporate Strategy and Business Development for Blackbaud Corporation, will be joining the company as its Executive Vice President and CFO. Beginning September 14th, Narula, who has nearly 30 years of progressive financial, business leadership, and investment strategy experience under his belt, will report to Dr. Jeffrey Graves, the company’s President and CEO. He will lead the Finance organization for 3D Systems, which includes all investor relations, finance operations, and capital deployment for growth and margin expansion.

“I am excited to have a leader of Jagtar’s experience join our team at such an important time for our company. Jagtar’s experience in leading technology companies with complex transformations and large-scale efficiency improvements will be invaluable as we transition to our new focus, align our organization and cost structure to our current revenues, and position ourselves for sustained growth and profitability in the years ahead,” stated Dr. Graves. “I want to add a special note of thanks to Wayne Pensky for serving as our Interim CFO, allowing us to move quickly to restructure the business and prepare for an exciting future ahead.  Wayne will support Jagtar to ensure a smooth transition in Finance leadership for the company.”

ASTM International’s AM CoE Issues Second Annual Report

ASTM International’s Additive Manufacturing Center of Excellence (AM CoE), which was launched in 2018, has just debuted its second annual report. In addition to offering a look at future plans, the report also includes many of the AM CoE’s accomplishments over the past year, such as the creation of an international conference, in-kind investments, new additive manufacturing staff, the new AM guide for supporting COVID-19 supply chains, a technical workshop series, the development of certificate courses, and more.

“Together, the AM CoE and its partners supported the advancement of AM technology through investments in new R&D projects, existing infrastructures, development of new educational offerings/partnerships, expansion of the AM team, and the growth of the center’s global footprint. The hard work and dedication of the center’s team are highlighted in this comprehensive report,” said Mohsen Seifi, PhD, ASTM International’s Director of Global Additive Manufacturing Programs.

Seifi also said that the AM CoE has “emphasized its commitment” to speeding up usage and capabilities of evolving technologies, like additive manufacturing, and empowering innovation in manufacturing.

The post 3D Printing News Briefs, August 30, 2020: Roboze, BCN3D & CREA3D, 3D Systems, ASTM International appeared first on 3DPrint.com | The Voice of 3D Printing / Additive Manufacturing.

3D printing jobs at Digifabster and XYZprinting, new appointments at Sigma Labs

Welcome to the latest edition of our 3D printing jobs and career moves update for the additive manufacturing sector. If you are looking for a new position in the industry, we keep our 3D Printing job board updated with the latest positions. You can easily apply to any of the posted jobs after creating a […]

Renishaw reports profit in FY 2020 despite revenue decline caused by COVID-19

British engineering firm and metal 3D printer manufacturer Renishaw has reported a pre-tax profit of £48.6 million in its full-year (FY) financials despite the impact of the COVID-19 pandemic on its revenue.  Renishaw, which reports its FY results from June 30 2019 to June 30 2020, generated £510.2 million in revenue for the 2020 financial […]

Voodoo Manufacturing shuts down permanently amid pandemic

3D printing service provider Voodoo Manufacturing has closed down for good. In an explanatory message on its main page, the New York-based startup cites the COVID-19 pandemic as the root cause, stating that a lack of clear end in sight meant the company “couldn’t make it to the other side”. Combating COVID Founded in 2015, […]

SLM Solutions announces 90 percent revenue growth during H1 2020

German metal 3D printer manufacturer SLM Solutions Group AG has reported a 90 percent increase in revenue over the first half of 2020.  For the three months ending June 30, 2020, SLM recorded revenue of €31.1 million compared to the €16.3 million generated in H1 2019. SLM’s revenue has shown continued growth during 2020, and […]

Materialise Q2 2020 revenue declines by more than 20 percent despite software growth 

Belgian software and 3D printing service provider Materialise has reported a reduction in its operating revenue by more than 20 percent during Q2 2020.  Materialise’s total revenue for Q2 2020 decreased by 21.2 percent to €38.1 million, from €48.4 million in Q2 2019. Despite continued growth in the company’s Software segment, it failed to offset […]

ExOne reports revenue decline in Q2 2020 despite growth in recurring customers

Industrial sand and metal 3D printer manufacturer ExOne, has reported a decline in revenue for Q2 2020, despite showing growth in its installed base.  For the three months ending June 30, 2020, ExOne generated total revenue of $11.1 million. This figure is down 27.4 percent compared to the same period last year, where the company’s […]

3D Systems announces strategic refocus and 20% staff cut following Q2 financial results

Jeffrey Graves, the new CEO of 3D printer manufacturer 3D Systems, outlined his strategic vision during this week’s announcement of financial results. In his first public outing as the firm’s CEO, Graves announced that the 3D Systems would be imminently restructured to focus on its healthcare and industrial verticals. Segments of the company’s business that […]

HP to adopt Dyndrite geometry kernel for its next generation 3D printing platform 

Multinational printing firm HP and Seattle-based software company Dyndrite have announced a new strategic 3D printing partnership. The deal will see Dyndrite license its 3D geometry kernel to HP for use with its next-generation additive manufacturing portfolio. Dyndrite’s software is designed to accelerate the 3D printing process by enabling efficient and scalable manufacturing via a […]