Welcome to our dedicated page for 3D Systems news (Ticker: DDD), a resource for investors and traders seeking the latest updates and insights on 3D Systems stock.
3D Systems Corporation develops additive manufacturing and digital manufacturing solutions built around 3D printers, materials, software and application engineering services. Its news commonly covers production systems for polymers and metals, NextDent dental printing and materials, SLA technology, factory software such as AddiTrak, and customer deployments in medical, dental, aerospace, defense, transportation, motorsports and industrial markets.
Company updates also include financial results, cost and efficiency programs, leadership changes, regulatory certifications for dental products, and commercial adoption of healthcare and industrial applications. These developments reflect the company’s focus on full-service solutions that combine hardware, materials, software and manufacturing expertise.
3D Systems announced that NAMI has purchased their metal and polymer additive manufacturing technologies to enhance the supply chain of the Saudi Electricity Company (SEC).
Technologies include the DMP Factory 500, DMP Flex 350 Dual, and SLS 380. This will support SEC in producing spare parts locally, reducing production time, storage needs, and costs, while increasing efficiency.
The collaboration aims to develop a digital inventory system, reduce physical inventory requirements, and implement NoSupports printing strategies. The partnership is part of Saudi Arabia's Vision 2030 to boost local manufacturing in the defense, energy, and manufacturing sectors.
The additive manufacturing market in the energy sector is projected to grow from $2.6 billion in 2023 to $17 billion by 2032.
3D Systems (NYSE: DDD) announced a strategic partnership with Precision Resource to enhance metal additive manufacturing applications in critical markets such as automotive, aerospace, and medical devices. Precision Resource will integrate two 3D Systems DMP Flex 350 Dual 3D printers into its Huntington Beach facility. These printers offer superior environmental control and inert atmosphere capabilities, ensuring high-quality parts. The collaboration aims to leverage both companies' expertise to meet evolving customer needs and address supply chain issues through vertical integration. The DMP Flex 350 platform supports flexible applications from development to serial production and includes features like quick module swaps, fast powder recycling, and a central server for 24/7 productivity.
According to Chris Gratton from Precision Resource, this partnership will position the company at the forefront of metal additive manufacturing advancements. Jeph Ruppert from 3D Systems highlighted the collaboration's potential to improve quality, reduce costs, and expedite time-to-market for high-criticality components.
3D Systems (NYSE:DDD) announced the EXT 800 Titan Pellet, a new addition to its pellet extrusion systems portfolio. With a build volume of 800 x 600 x 800 mm, this compact, cost-effective system offers manufacturers high-speed printing at up to 10 times the speed and 10 times lower material costs than traditional filament-based systems. It is designed for a wide range of applications, including aerospace, defense, and foundries, and supports materials like ABS, PC, and Nylons. The EXT 800 Titan Pellet will be available for ordering immediately, with deliveries starting in Q3 2024.
3D Systems (NYSE:DDD) is expanding its portfolio in the digital dentistry market, focusing on tooth alignment, protection, repair, and replacement. The company announced its largest contract ever, valued at nearly a quarter billion dollars over five years, for clear aligner manufacturing. They plan to launch direct printing technology for clear aligners by late 2025 and are expanding into night guards and single-piece dentures, targeting approvals by late 2024. The dental market is expected to reach $14 billion by 2032. 3D Systems aims to lead in this market with a broad range of 3D printing solutions.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.