Xometry Sponsors Endurance Driver Alexander Jacoby Across Key Circuits in Europe, the UK, and Asia for 2026
Rhea-AI Summary
Xometry (NASDAQ: XMTR) announced sponsorship of endurance driver Alexander Jacoby for the 2026 season with Swiss team CLX Motorsport. The partnership covers the Asian Le Mans, Michelin Le Mans Cup, and European Le Mans Series, and follows Xometry’s 2025 support. Jacoby and CLX claimed an early victory at Sepang.
The sponsorship aims to raise Xometry’s brand among EMEA engineering and motorsport communities while aligning performance and technical precision with the company’s manufacturing focus.
Positive
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Negative
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News Market Reaction
On the day this news was published, XMTR declined 5.80%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
XMTR was down 0.54% pre-news, while at least four closely ranked peers (AMSC, ATS, EPAC, SXI) were also negative between -1.16% and -2.3%. Only CXT was modestly positive at 0.42%, indicating a generally weak day across related names.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 15 | Platform tools launch | Positive | +0.0% | Launch of Thomas Smart Search and performance-based listings for industrial buyers. |
| Jan 08 | Marketplace upgrades | Positive | -8.2% | Complex manufacturing enhancements and new additive materials across the marketplace. |
| Nov 19 | Growth recognition | Positive | +3.4% | Inclusion on 2025 Deloitte Technology Fast 500 with 150% revenue growth cited. |
| Nov 04 | Q3 2025 earnings | Positive | +28.9% | Record revenue, improved margins, and raised FY2025 revenue and EBITDA guidance. |
| Oct 28 | Investor conferences | Neutral | +2.3% | Announcement of participation in RBC and UBS technology and AI conferences. |
Recent product, recognition, and earnings news generally aligned with positive price moves, with one notable divergence on platform enhancement news.
Over the past few months, XMTR has reported multiple positive milestones. Record Q3 2025 results on Nov 4, 2025 (news_id 928732) drove a 28.93% move, while recognition on the 2025 Deloitte Technology Fast 500 list on Nov 19, 2025 (news_id 938498) coincided with a 3.44% gain. Product and marketplace enhancements on Jan 8, 2026 (news_id 954965) saw a -8.22% reaction, contrasting with the essentially flat move after the Thomas platform tools announcement on Jan 15, 2026 (news_id 957949).
Market Pulse Summary
The stock moved -5.8% in the session following this news. A negative reaction despite this marketing-focused sponsorship would resemble prior instances where product news did not immediately translate into gains, such as the -8.22% move after marketplace enhancements on Jan 8, 2026. With XMTR still trading above its 200-day MA and within 6.34% of its 52-week high, investors have previously focused more on earnings and growth milestones than branding announcements when repricing the stock.
AI-generated analysis. Not financial advice.
Strategic partnership brings Xometry’s brand to EMEA’s engineering and motorsport communities
MUNICH, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-powered marketplace connecting buyers and suppliers of custom manufacturing, is thrilled to announce its official sponsorship of Endurance driver Alexander Jacoby for the 2026 season, extending its previous partnership in 2025. Partnering with Swiss team CLX Motorsport, Jacoby will participate in the Asian Le Mans, Michelin Le Mans Cup, and European Le Mans Series (ELMS).
Jacoby, an American Brazilian driver with a proven and successful Formula 4 record, is bridging the high-velocity world of single-seater racing with endurance competition. He is combining disciplined execution with technical precision – qualities that mirror Xometry’s own commitment to manufacturing excellence. With the Asian Le Mans series already underway, Jacoby and the CLX Motorsport team have claimed an early victory at the Sepang International Circuit in Malaysia.
“Racing in the Le Mans Series with CLX Motorsport, one of the world’s premier prototype championships, Jacoby operates with precision, speed, and technical consistency to determine his success over hours of competition,” said Dmitry Kafidov, General Manager of Xometry Europe. “It’s the same mindset we champion at Xometry, and we’re proud to support Jacoby as he competes at the highest level.”
“I am incredibly proud to have a global technology leader like Xometry behind me as the team takes on some of the most competitive tracks in Europe and Asia,” said Jacoby. “Xometry’s dedication to innovation matches my own approach on the track: always striving to improve, solve problems, and push the limits of what’s possible.”
2026 Race Schedule & Highlights
Jacoby’s season spans the globe’s most iconic circuits, including:
- Asian Le Mans Series: (Currently Underway) – Sepang, Dubai & Abu Dhabi
- Michelin Le Mans Cup: Various European Circuits
- European Le Mans Series: Key stops in Barcelona, Spa-Francorchamps, and Portimão
Follow Alexander’s journey on Instagram.
About Xometry
Xometry’s (NASDAQ: XMTR) AI-powered marketplace, popular Thomasnet® industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and streamlines the procurement process for buyers through real-time pricing and lead time data. Learn more at xometry.com and xometry.eu.
Media Contact
Lauran Cacciatori
VP Communications
773-610-0806
lauran.cacciatori@xometry.com
Investor Contact
Shawn Milne
VP Investor Relations
240-335-8132
shawn.milne@xometry.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bf48aaee-b6ff-4a1c-8591-21606dca3ca6