3D Systems’ Saudi Arabian Joint Venture NAMI Obtains Critical Military Manufacturing License for Local Defense Hardware Production
Rhea-AI Summary
3D Systems (NYSE:DDD)/b) reported that its Saudi Arabian joint venture, the National Additive Manufacturing and Innovation Company (NAMI), has received a from Saudi Arabia’s General Authority for Military Industries (GAMI). This authorization allows NAMI to conduct regulated military manufacturing activities in the Kingdom, placing it among a limited number of licensed Saudi companies.
According to 3D Systems, the license enhances NAMI’s role in supporting Saudi Arabia’s Vision 2030 goal of localizing over 50% of military spending by 2030 and facilitates collaboration with international defense OEMs on qualification and production of critical aerospace and defense components. NAMI targets military aerospace and defense, oil and gas, and energy generation and transmission, and operates in a Saudi additive manufacturing market estimated at over $300 million today and projected to approach $2 billion by 2034, supported by national localization priorities.
Positive
- GAMI military license enables NAMI regulated defense manufacturing in Saudi Arabia
- License expands NAMI’s addressable market in defense applications
- NAMI operates in Saudi additive market growing to ~$2 billion by 2034
- Joint venture strengthens 3D Systems’ aerospace and defense positioning in the Kingdom
Negative
- None.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 23 | earnings date notice | Neutral | -2.6% | Scheduled Q2 2026 results release and conference call dates were announced. |
| Jun 03 | public offering pricing | Negative | -15.0% | Priced $50 million public offering with an underwriter option for additional shares. |
| Jun 03 | public offering proposal | Negative | -15.0% | Proposed $40 million primary offering remained subject to market conditions and final pricing. |
| May 11 | Q1 earnings report | Positive | +23.9% | Reported Q1 revenue growth, improved EBITDA, narrowed losses, and issued Q2 guidance. |
| May 11 | customer deployment | Positive | +1.6% | ROE deployed NextDent 300 printers across multiple U.S. laboratory sites. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Four of five recent news events aligned with their observed price direction; the earnings-date notice was followed by a negative move despite being informational.
Key Terms
military manufacturing license regulatory
additive manufacturing technical
original equipment manufacturers technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
- GAMI manufacturing license advances NAMI’s role in defense localization and supports critical infrastructure resilience in the Kingdom
ROCK HILL, S.C., July 29, 2026 (GLOBE NEWSWIRE) -- 3D Systems (NYSE:DDD) today announced that the National Additive Manufacturing and Innovation Company (NAMI) has been granted a Military Manufacturing License by the General Authority for Military Industries (GAMI) of Saudi Arabia.
NAMI is a joint venture between 3D Systems, Dussur (Saudi Arabian Industrial Investments Company), and Saudi Energy. The GAMI license authorizes NAMI to engage in regulated military manufacturing activities in the Kingdom, positioning it among a limited group of Saudi companies with this authorization.
The license strengthens NAMI’s ability to support Saudi Arabia’s Vision 2030 objective of localizing more than 50 percent of military spending by 2030. It also enables more efficient collaboration with international defense original equipment manufacturers on the qualification and production of critical aerospace and defense components in the Kingdom.
NAMI focuses on three priority markets in Saudi Arabia: military aerospace and defense, oil and gas, and energy generation and transmission. In the current environment, the company’s advanced manufacturing capabilities also support efforts to reduce risk of infrastructure interruptions by enabling localized, on-demand production of critical parts. NAMI operates in a growing additive manufacturing market in Saudi Arabia, an industry valued at more than
“This license expands NAMI’s addressable market and strengthens the foundation for long-term growth,” said Eng. Mohammed Swaidan, CEO of NAMI. “It enables us to deploy our established manufacturing capabilities across regulated defense programs, expand the production of mission critical parts, and advance Saudi Arabia’s position in advanced manufacturing.”
“The GAMI license further demonstrates the strategic value of our joint venture in Saudi Arabia,” said Dr. Jeffrey Graves, President and CEO of 3D Systems. “It strengthens our ability to support leading defense OEMs as they pursue localization and supply-chain resilience in the Kingdom, reinforcing 3D Systems’ position in the aerospace and defense markets.”
About NAMI
NAMI is a joint venture between 3D Systems, Dussur, and Saudi Energy focused on advancing industrial additive manufacturing in Saudi Arabia. The company supports localization under Vision 2030 across military aerospace and defense, oil and gas, and energy applications.
Find out more at: https://www.nami3dp.com/en
About 3D Systems
For 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.
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 including statements regarding the timing of product launches, regulatory approvals, market opportunities, expected revenue impact, and shareholder value. 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.
Investor Contact: investor.relations@3dsystems.com
Media Contact: press@3dsystems.com
