3D Systems Receives $7.65 Million Contract Award from U.S. Air Force for Advanced Metal Printing System
Rhea-AI Summary
3D Systems (NYSE:DDD) has secured a $7.65 million contract from the U.S. Air Force for a Large-format Metal 3D Printer Advanced Technology Demonstrator (GEN-IIDMP-1000). The two-year contract extends an existing program focused on developing large-scale, high-speed flight-relevant additive manufacturing capabilities.
The work will be conducted at the company's facilities in San Diego, California and Rock Hill, South Carolina, with completion expected by September 27, 2027. This award builds on 3D Systems' ongoing collaboration with the U.S. Department of Defense since 2019, demonstrating innovative technologies for both large-scale systems and commercial printers.
Positive
- Secured $7.65 million contract from U.S. Air Force
- Contract extends existing successful program from 2023
- Demonstrates continued trust and collaboration with U.S. Department of Defense since 2019
- Technology developments benefit both military and commercial applications
Negative
- None.
News Market Reaction – DDD
On the day this news was published, DDD gained 19.07%, reflecting a significant positive market reaction. Argus tracked a peak move of +15.9% during that session. Argus tracked a trough of -3.4% from its starting point during tracking. Our momentum scanner triggered 80 alerts that day, indicating high trading interest and price volatility. This price movement added approximately $55M to the company's valuation, bringing the market cap to $345M at that time. Trading volume was elevated at 2.9x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
- Two-year contract award for Large-format Metal 3D Printer Advanced Technology Demonstrator
- Supports development of large-scale industrial metal AM print capabilities for high-speed flight applications
- Award is an extension of an existing program to demonstrate key technologies needed for 3D printing large, high-temperature metal structures associated with high-speed flight operating environments
ROCK HILL, S.C., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Today, 3D Systems (NYSE: DDD), a leading U.S.-based additive manufacturing solutions partner, announced it has been awarded a
This contract builds upon 3D Systems’ history of working in support of the U.S. Department of Defense since 2019 for the advancement of additive manufacturing.
“We’re proud of the progress we’ve made thus far in our collaboration with the U.S. Air Force,” said Dr. Michael Shepard, vice president, aerospace & defense segment, 3D Systems. “We‘ve successfully demonstrated a number of innovative technologies under this program and it’s exciting to see those technologies mature both for this large-scale system as well as our commercially available printers.”
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In many cases, forward-looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings "Forward-Looking Statements" and "Risk Factors" in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.
About 3D Systems
For nearly 40 years, Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com.
| Investor Contact: | investor.relations@3dsystems.com |
| Media Contact: | press@3dsystems.com |
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