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 […]
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 […]
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 […]
Groupe Gorgé reports declining 3D printing revenue in Q2 2020 results
Groupe Gorgé, the French industrial engineering organization and parent company of 3D printer manufacturer and service provider Prodways Group, has reported its financial earnings for the second quarter of 2020. For the three months ending June 30, 2020, Groupe Gorgé generated consolidated revenue of €49.5 million. This figure is down 35.2 percent compared to the […]
3D Printing News Sliced: PyroGenesis, Under Armour, Onshape, Apollo 11
This week’s edition of Sliced, the 3D Printing Industry news digest, features a 3D printed celebration of the first moon landing, virtual clothes shopping, and the launch of an AM Network Map. This roundup also includes stories from Knust-Godwin, Torus Group, SPIE, Open Bionics, Geomiq, Onshape, Wikifactory, ETH Zurich, 3DEO, AlphaSTAR, PyroGenesis, Hermeus and more. […]
MBDA adopts Prodways Rapid Additive Forging technology to 3D print large aeronautic parts
European developer and manufacturer of missiles MBDA has chosen Prodways Rapid Additive Forging (RAF) system to 3D print large titanium aeronautic parts. With the RAF system, which operates using a robotic head depositing molten metal in an atmosphere of inert gas, MBDA intends to reduce costs and lead-times of such components by 25%. The Rapid Additive […]
Groupe Gorgé and Prodways Group report financial results for Q1 2019
French industrial engineering and technology organization Groupe Gorgé has published its revenue for the first quarter of 2019. Consolidated revenue for the three months ended March 31, 2019 was reported at €71 million, an increase of 4.3% on the same period in 2018, which was €68 million. Of all three business segments reported by the group 3D Printing, […]