Updated: Dec 30, 2022
The majority of Oil and Gas companies are using or considering 3D printing to cut cost and help supply chain problems. The increase in materials with corrosion resistance and thermal stability is making this possible.
The team over at Essentium is celebrating and looking forward to a great future in 3D printer and material manufacturing as it just unveiled plans to merge with SPAC Atlantic Coastal. The projection of rapid growth netted them a $346 million raise.
The 3D printing industries largest US retailer, MatterHackers, just won a 5-year / sub $5 million contract with the US Navy to supply printers, materials, IT, maintenance, and training. This is the largest investment the military has ever made into 3D printing.
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