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Siemens backs Xometry (XMTR) with $50M stake and AI supply chain tie-up

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Xometry, Inc. entered into a stock purchase agreement with Siemens affiliate SBI GmbH, agreeing to issue 1,049,759 Class A shares in a private placement for an aggregate $50,000,000. The price was based on the 20-day volume-weighted average share price ending May 5, 2026.

The issuance is expected to close on or about May 8, 2026, in connection with a new collaboration agreement with Siemens. This strategic partnership will embed Xometry’s AI-native manufacturability, pricing, sourcing and execution intelligence into the Siemens Xcelerator software ecosystem.

Together, the companies aim to create a continuous digital thread from design decisions through to delivered parts, integrating Xometry’s marketplace and Thomasnet network with Siemens’ design and supply chain tools.

Positive

  • Siemens invests $50M via private placement, with SBI GmbH purchasing 1,049,759 Xometry Class A shares, providing substantial new capital and strategic alignment with a leading industrial software company.
  • Long-term strategic partnership with Siemens embeds Xometry’s AI-native manufacturability, pricing, sourcing and execution intelligence into Siemens Xcelerator, potentially expanding Xometry’s reach to Siemens’ global engineering customer base.

Negative

  • None.

Insights

Siemens’ $50M private placement strengthens Xometry’s capital and validates its AI platform.

Xometry is raising $50,000,000 by issuing 1,049,759 Class A shares to Siemens’ affiliate in a private placement under Section 4(a)(2). This brings a sizeable cash infusion from a major industrial software player, tied directly to a commercial collaboration.

The investment is part of a broader strategic partnership to integrate Xometry’s AI-native manufacturability, pricing and sourcing intelligence into Siemens Xcelerator. Siemens’ backing suggests confidence in Xometry’s technology and marketplace model, while the equity stake further aligns the two companies’ incentives.

The transaction’s impact will hinge on how quickly the embedded capabilities are adopted within Siemens’ customer base and how much incremental volume flows through Xometry’s marketplace over future reporting periods.

Xometry and Siemens are linking design software with AI-driven manufacturing intelligence.

The collaboration agreement establishes a strategic partnership to embed Xometry’s AI-native manufacturability, pricing, sourcing and execution intelligence directly into the Siemens Xcelerator design-to-manufacturing ecosystem. This aims to surface real-time production insights to engineers at the moment design choices are made.

Integrations span Siemens’ Designcenter software and Siemens’ Supplyframe with Xometry’s Thomas network, targeting both mechanical and electronic components across the bill of materials. This creates what the companies describe as a continuous digital thread from digital design to delivered parts.

If widely adopted by Siemens’ global customer base, this could increase order flow through Xometry’s marketplace and deepen switching costs, though concrete volume or revenue effects will appear only in future operational results.

Item 3.02 Unregistered Sales of Equity Securities Securities
The company sold equity securities in a private placement or other unregistered transaction.
Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Private placement size $50,000,000 Aggregate purchase price for Xometry Class A shares by SBI GmbH
Shares issued 1,049,759 shares Class A common stock sold to Siemens affiliate in private placement
Pricing basis period end May 5, 2026 End date of 20-day VWAP period used to determine share count
Securities Act exemption Section 4(a)(2) Private placement conducted as unregistered sale of equity securities
Expected closing date May 8, 2026 Anticipated issuance date for the new Xometry shares
private placement financial
"for an aggregate purchase price of approximately $50,000,000 in a private placement exempt from registration"
A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.
Collaboration Agreement regulatory
"the Company entered into a collaboration agreement (the “Collaboration Agreement”) with Siemens"
A collaboration agreement is a formal contract where two or more companies agree to work together on a specific project, sharing tasks, expenses, and potential rewards while defining who controls the results and how risks are handled. For investors it matters because such deals can speed development, lower costs, or open new markets, but they can also create dependency, shared liabilities, or milestone-based payments that affect future cash flow and valuation.
strategic partnership financial
"have agreed to establish a strategic partnership for the purpose of developing a software solution"
Siemens Xcelerator technical
"embedded directly into Siemens Xcelerator, reaching Siemens’ global customer base"
digital twin technical
"combining Siemens' digital twin and industrial AI leadership with Xometry's global marketplace"
A digital twin is a live virtual replica of a physical asset, process, or system that mirrors real-world behavior using data and models so users can test changes, predict problems, and measure performance without touching the real thing. For investors, digital twins matter because they can lower maintenance costs, speed product development, improve uptime and reliability, and make future cash flows and risks easier to forecast — like using a flight simulator to safely train and tune a real airplane.
design-to-manufacturing software ecosystem technical
"with the objective of integrating the Solution into Siemens’ design-to-manufacturing software ecosystem"
0001657573false00016575732026-05-062026-05-06

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 06, 2026

 

 

Xometry, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

 

Delaware

001-40546

32-0415449

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

6116 Executive Blvd, Suite 800

 

North Bethesda, Maryland

 

20852

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (240) 252-1138

 

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Class A common stock, par value $0.000001 per share

 

XMTR

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 3.02. Unregistered Sale of Equity Securities.

On May 6, 2026, in connection with its entry into the Collaboration Agreement (as defined below), Xometry, Inc. (the “Company”) entered into a stock purchase agreement (the “Purchase Agreement”) with Siemens Beteiligungen Inland GmbH (“SBI GmbH”), an affiliate of Siemens Industry Software Inc. (“Siemens”), pursuant to which the Company agreed to issue and sell 1,049,759 shares (the “Shares”) of the Company’s Class A common stock, par value $0.000001 per share (“Common Stock”), to SBI GmbH for an aggregate purchase price of approximately $50,000,000 in a private placement exempt from registration pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended. The number of Shares of Common Stock to be issued and sold to SBI GmbH pursuant to the Purchase Agreement was based on the 20-day volume-weighted average price of the Common Stock for the period ending May 5, 2026. The issuance of the Shares is expected to occur on or about May 8, 2026, subject to customary closing conditions.

Item 7.01. Regulation FD Disclosure.

On May 6, 2026, the Company entered into a collaboration agreement (the “Collaboration Agreement”) with Siemens. Pursuant to the Collaboration Agreement, the Company and Siemens have agreed to establish a strategic partnership for the purpose of developing a software solution (the “Solution”) using the Company’s technology with the objective of integrating the Solution into Siemens’ design-to-manufacturing software ecosystem.

On May 7, 2026, the Company issued a press release announcing its partnership with Siemens. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Press Release of Xometry, Inc. issued on May 7, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

XOMETRY, INC.

 

 

 

 

Date:

May 8, 2026

By:

/s/ Randolph Altschuler

 

 

 

Randolph Altschuler
Chief Executive Officer

 


 

Exhibit 99.1

 

Xometry and Siemens Partner to Embed AI-Native Supply Chain Intelligence into Siemens Xcelerator

 

Xometry’s AI-native manufacturability, pricing, sourcing and execution intelligence will be embedded directly into Siemens Xcelerator, reaching Siemens’ global customer base of engineers at the moment design decisions are made.
Siemens is backing the partnership with an approximately $50 million investment in Xometry, reflecting its conviction that AI-powered intelligence will be a defining source of differentiation in the next generation of industrial software.
The partnership creates a continuous digital thread from design decision to delivered parts, combining Siemens' digital twin and industrial AI leadership with Xometry's global marketplace and Thomas’s supplier network.
 

North Bethesda, MD – May 7, 2026 – Xometry, Inc. (NASDAQ: XMTR), the global, AI-native marketplace connecting buyers and suppliers of custom manufacturing, announced a new strategic partnership with Siemens to embed its proprietary manufacturability, pricing, sourcing and execution intelligence directly within Siemens Xcelerator. Siemens is purchasing approximately $50 million of Xometry Class A common stock, underscoring its conviction that AI-powered intelligence will define the next generation of industrial software.
 

By natively integrating Xometry’s marketplace capabilities directly into the Siemens Xcelerator portfolio of industry software, the two companies are creating capabilities that neither company could deliver independently. It puts Xometry’s design, pricing, sourcing intelligence, and production insights in front of engineers at the moment design decisions are made. Orders can seamlessly be placed and tracked through to delivery. The result is a continuous digital thread from design decision to delivered part.
 

In addition to the integration with Siemens’ Designcenter™ software, the partnership includes the integration of Thomas – Xometry’s North American industrial sourcing network, with Siemens’ Supplyframe to bring deep design-to-source intelligence for both electronic and mechanical components to completely source the Bill of Materials (BOM) for Siemens’ customers.
 

“Xometry and Siemens share a common opportunity: integrate AI directly into the design digital thread, putting manufacturability, pricing, sourcing and execution intelligence in front of engineers at the instant design decisions are made,” said Randy Altschuler, co-founder and CEO, Xometry. “We have built and trained our platform on the real-world complexities of manufacturing, including millions of part files, actual manufacturer feedback and production outcomes at global scale. This partnership enables us to deliver this intelligence to engineers inside the design systems and workflows where manufacturing decisions are made. When that intelligence is embedded inside the world's leading industrial software, everyone wins.”


 

"Industrial competitiveness is defined by how fast and how confidently companies can turn digital ideas into physical reality,” said Tony Hemmelgarn, president and CEO, Siemens Digital Industries Software. “By infusing Siemens’ comprehensive digital twin expertise and industrial AI innovation with large-scale, AI-driven manufacturing intelligence, we’re breaking down the boundary between design and production for our customers. Our partnership with Xometry enables us to leverage AI to deliver the intelligence captured from millions of manufactured custom parts directly into the design process, empowering designers to work smarter, faster, and with greater impact.”


 

 

 

1


 

 

By combining Siemens’ enterprise-grade software and global go-to-market reach with Xometry's AI-native manufacturing intelligence and global marketplace scale, the partnership will accelerate Siemens and Xometry’s collective penetration of the massive, highly fragmented manufacturing market.


 

Learn more about Xometry at xometry.com.


 

About Xometry

Xometry’s (NASDAQ: XMTR) AI-native 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 businesses and streamlines the procurement process for buyers through real-time pricing and lead time data. Learn more at xometry.com or follow Xometry on LinkedIn.


 

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

 

Siemens Digital Industries Software PR Team
press.software.sisw@siemens.com

 

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FAQ

What did Xometry (XMTR) announce regarding its new shares and Siemens?

Xometry agreed to issue 1,049,759 Class A common shares to Siemens affiliate SBI GmbH for approximately $50,000,000 in a private placement. The share number was based on the 20-day volume-weighted average price ending May 5, 2026, aligning pricing with recent trading levels.

How is the Xometry (XMTR) and Siemens partnership structured?

Xometry and Siemens entered into a collaboration agreement establishing a strategic partnership. Xometry’s AI-native manufacturability, pricing, sourcing and execution intelligence will be embedded into the Siemens Xcelerator design-to-manufacturing software ecosystem, aiming to connect design decisions directly with manufacturing and supply chain execution.

What is the purpose of Siemens’ $50 million investment in Xometry (XMTR)?

Siemens is purchasing approximately $50,000,000 of Xometry Class A common stock to back their strategic partnership. The investment reflects Siemens’ stated conviction that AI-powered intelligence will be a defining differentiator in next-generation industrial software and aligns incentives around the joint software integration.

When is the Xometry private placement to Siemens expected to close?

The issuance of 1,049,759 Xometry Class A common shares to Siemens affiliate SBI GmbH is expected to occur on or about May 8, 2026. Closing is subject to customary conditions, linking completion of the financing to standard procedural and transactional steps.

What technology will Xometry (XMTR) integrate into Siemens Xcelerator?

Xometry will integrate its AI-native manufacturability, pricing, sourcing and execution intelligence into Siemens Xcelerator. This includes connecting Xometry’s marketplace and Thomasnet industrial sourcing network with Siemens’ design and Supplyframe tools to support a continuous digital thread from design through delivered parts.

How does the Xometry and Siemens partnership affect supply chain intelligence?

The partnership aims to embed manufacturing and sourcing intelligence directly into design workflows, creating a continuous digital thread. By combining Siemens’ digital twin and industrial AI with Xometry’s marketplace and Thomas network, it seeks to improve how bills of materials are sourced for mechanical and electronic components.

Filing Exhibits & Attachments

2 documents