3D Systems Acquires CRDM (Metal Powder Report)
3D Systems intends to immediately integrate CRDM into its global Quickparts Solutions custom parts and manufacturing services. CRDM Ltd designs, prototypes and manufactures parts and tooling for a variety of automotive, aerospace, medical device and motorsports applications, including F1. CRDM will extend 3D Systems Corporation (NYSE:DDD)’ offerings and its footprint in the UK, further positioning the company in the rapidly growing, direct manufacturing opportunity.
Stratasys, Ltd. (SSYS), 3D Systems Corporation (DDD), Intuitive Surgical, Inc. (ISRG): 3 Technologies for Elon Musk’s Trip to Mars (Insider Monkey)
It won’t be cost effective to bring a warehouse of spare parts with us to Mars, so we’ll have to set up a manufacturing base once we get there. Stratasys, Ltd. (NASDAQ:SSYS) and 3D Systems Corporation (NYSE:DDD) figure to play a big part in any interplanetary 3-D printing capabilities established in the next few decades. Both companies are on the ground level of disrupting a wide range of industries, including everything from health care to industrials. 3D Systems even took the first steps to leave Earth by penning a deal with Planetary Resources to create spacecraft parts, which could one day be used to mine asteroids.
ExOne Falls On 2.7M Share Offering (Barron’s)
ExOne Co (NASDAQ:XONE) was down 3.4% on news it will offer 2,656,000 common shares. After the bell Wednesday, the 3D printing machines firm made the announcement, noting that 1,106,000 of the shares will be sold by the company and 1,550,000 will be sold by shareholders. FBR Capital Markets & Co. is acting as the book-running manager. In its filing with the Securities and Exchange Commission, ExOne Co (NASDAQ:XONE) said it plans to use the proceeds to “finance future acquisitions or partnerships and alliances.” At its current price, the offering would fetch a little less than $75 million.
3D Systems Loses Strength As Growth Cools (Forbes)
3D Systems Corporation (NYSE:DDD) is a remarkable technology company that holds many of the first patents on an amazing technology. Three-dimensional “printing” as it’s called uses computer-aided design and manufacturing applications to recreate objects from a software blueprint, using special polymers that are added in precise layers. In the industry, this technology is referred to as “additive manufacturing.” But then I took a look at the Zacks Rank for 3D Systems Corporation (NYSE:DDD), which dropped to a #5 Strong Sell this month. Upon further investigation, I found that the company has hit some bumpy patches in its growth story that caused at least two analysts to lower earnings estimates. The analysts are concerned about acquisition costs, sales growth execution and R&D spending.
Makerbot Releasing Digitizer: New 3D Scanner (Motley Fool)