Market News |
NUBURU |
NUBURU closes USD 20 million series B funding round to expand market leadership in blue wavelength industrial lasers (December 3, 2020) |
NUBURU, a player in high power blue laser technology, has raised USD 20 million to further develop its industrial product line and establish within the energy storage, e-mobility and 3D-printing market. Its blue lasers are used for metal processing of materials such as copper or aluminium. |
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PrinterPrezz |
PrinterPrezz completes USD 16 million series A funding (December 8, 2020) |
PrinterPrezz, a medical technology company combining polymer and metal 3D-printing and nano technologies for medical devices, raised USD 16 million in a series A funding. The funding will be used to ramp up the development of its custom materials and innovate new additive medical devices for their clinical customers. |
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Stratasys |
Stratasys acquires 3D-printing start-up Origin Inc. for USD 100 million (December 9, 2020) |
Stratasys signed an agreement to acquire Origin Inc. for up to USD 100 million, including cash and stock. The consolidation enables Stratasys to enter the segment of Area-Wise Vat Photopolymerization with a new technology platform. |
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Branch Technology |
Branch Technology raises USD 11 million to grow fleet of construction 3D printers (December 9, 2020) |
Branch Technology focuses on large-scale 3D-printing of polymer lattice structures. The process relies on industrial robotic arms outfitted with polymer extruders and attached to massive rails, resulting in a freeform 3D printing system. Branch Technology intends to expand both its fleet of 3D printers and team. |
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Meta Additive |
Meta Additive secures GBP 1.2 million to advance Binder Jetting technology (December 18, 2020) |
Meta Additive, a spin out from the University of Liverpool, has received a GBP 1.2 million Innovate UK Smart grant. The grant will be used to further advance their Binder Jetting process for mass manufacturing, including the development of new binding agent formulations. |
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Lockheed Martin |
Lockheed Martin to aquire Aerojet Rocketdyne for USD 4.4 billion (December 20, 2020) |
Lockheed Martin has entered a definite agreement to acquire Aerojet Rocketdyne. The transaction is expected to close in the second half of 2021. The acquisiton will add expertise to Lockheed Martin’s portfolio while building on the foundation of Lockheed Martin and Aerojet Rocketdyne. |
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