| Market News |
| Create it REAL |
| Create it REAL raises EUR 3.1 million to accelerate market expansion (November 2, 2020) |
| The Danish 3D-printing solution provider Create it REAL raises EUR 3.1 million in a financing round led by Investo Capital. Create it REAL intends to use the funding to expand its global presence and create partnerships to enhance the adoption of 3D-printing. |
| Read more (external link) |
| ExOne |
| ExOne joins additive manufacturing consortium to develop oil and gas and maritime quality standards (November 5, 2020) |
| ExOne is joining a consortium led by DNV GL which aims at developing an industry-accepted guideline for quality assurance of AM parts. Currently, the consortium expands its effort to incorportate further AM technologies such as Binder Jetting. |
| Read more (external link) |
| U.S. Department of Energy |
| The U.S. Department of Energy announces USD 16 million in funding for phase 1 of ultra-high temperature materials program ULTIMATE (November 18, 2020) |
| The project partners, including GE Research and Oak Ridge National Laboratory, will develop ultra-high temperature materials to be operated between 1300°C and 1800°C for gas turbine use in the aviation and power generation industries. |
| Read more (external link) |
| Relativity Space |
| Relativity Space closes USD 500 million Series D funding round led by Tiger Global Management (November 23, 2020) |
| The 3D-printing rocket manufacturer Relativity Space intends to further advance its technologies and focus on production and infrastructure expansion projects. According to CNBC, Relativity’s valuation has risen to USD 2.3 billion making it the second most valuable private space company in the world. |
| Read more (external link) |
| Firehawk Aerospace |
| Firehawk Aerospace closes USD 2 million funding round for next generation 3D-printed rocket engines (November 24, 2020) |
| Firehawk Aerospace, a rocket propulsion start-up, develops hybrid rocket engines through a patented 3D-printed rocket fuel. The funds will be used for testing at operational scale and to expand partnerships and research and manufacturing facilities. |
| Read more (external link) |
| Ivaldi |
| Ivaldi takes leading role in Phase II joint industry programme for AM spare parts for Singapore’s maritime industry (November 30, 2020) |
| The joint industry programme aims to identify the potential of AM for maritime parts by printing, certifying and installation on onboard vessels. Research companies include inter alia Wilhelmsen and Thyssenkrupp. |
| Read more (external link) |
