<div>
 <ul>
 <li>
 
 Fabric8Labs, a developer of additive manufacturing solutions, raised USD 50 million in series B funding led by New Enterprise Associates (NEA) with participation from Intel Capital, imec.XPAND, SE Ventures, TDK Ventures, Lam Capital, and several other existing investors.
 
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 <li>
 
 The funds will be used to scale the company's proprietary technology and to establish a pilot production facility in San Diego which could reportedly increase the company&rsquo;s headcount by 3x over the next 12 to 18 months.
 
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 </ul>
 
 
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<div>
 
 <a href="https://www.prnewswire.com/news-releases/fabric8labs-closes-50m-series-b-financing-for-electrochemical-additive-manufacturing-technology-301740761.html">
 Press release
 </a>
 
 
 <a href="https://www.sandiegouniontribune.com/business/story/2023-02-07/san-diego-startup-to-build-3d-printing-factory-that-would-almost-triple-its-workforce">
 The San Diego Union Tribune
 </a>
 
 
 
</div>

Additive Manufacturing

Fabric8Labs raises USD 50 million in series B funding

ANALYST_QUICK_TAKE

<div>
 AML3D, an Australian industrial metal 3D printing firm, has set up its US headquarters and manufacturing hub in Stow, Ohio. The hub is fitted with an ARCEMY system capable of producing industrial-scale parts through metal 3D printing. Plans for installation of a second system are set for early 2025.
 The facility is running and is currently managing a project worth USD 1.46 million from the Tennessee Valley Authority. AML3D intends to infuse an added USD 7.7 million to boost the facility's capacity with potentially two more ARCEMY systems. This increase in capacity is geared towards satisfying heightened demands from the US Department of Defense, who are spending more on advanced manufacturing solutions for the US Navy's Submarine Industrial Base.
 The expansion is part of AML3D's US growth strategy, which has so far secured contracts worth over USD 10.3 million since the beginning of 2023. The US manufacturing hub will allow AML3D to partake in International Traffic in Arms Regulations and other defense contracts controlled by the US government.
</div> Analyst QuickTake: 
 AML3D has steadily been expanding its presence in the US since it first revealed its plans to build a new facility in Ohio during its USD 3.9 million fundraise in April. It raised a further AUD 30 million (USD 19.5 million) last month, which it earmarked to double the manufacturing capacity at this Ohio Technology Centre, which was not yet operational. Alongside these investments, the company has expanded its presence by securing US defense contracts with the <a href="https: 
//sp-edge.com/updates/33795"> US Navy </a> and Boeing.

AML3D opens US technology center in Ohio to support defense and industrial customers

INCUMBENTS_PRESENT

<div>
 3D Systems, a company involved in providing 3D printing solutions, has entered into a definitive agreement to sell its Geomagic software portfolio. This portfolio will be sold to the Manufacturing Intelligence Division of Hexagon for a price of 123 million USD. The deal is scheduled to close in the first half of 2025.
 The Geomagic portfolio entails various software tools. These consist of Design X, Control X, Freeform, Wrap, and Geomagic for SolidWorks. With these tools, users can design digital models from physical objects, create from scratch, modify existing models, and carry out quality control inspections. All of these features make the software tools suitable for manufacturing purposes.
 Once this divestiture concludes, 3D Systems will turn its focus to its core software platforms. This includes platforms such as 3D Sprint, 3DXpert, and Oqton Industrial Manufacturing OS. The aim of this is to accelerate strategic software development and enhance AM capabilities. The company also hopes to leverage AI and machine learning capabilities to aid high-volume production environments and critical industrial applications.

</div> Analyst QuickTake: 
 Hexagon, which mainly operates in the manufacturing technology space, has been steadily expanding its portfolio of 3D-printing software products over the past year. This news comes less than a month after the company <a href="https: 
//sp-edge.com/updates/36399"> introduced Advanced Compensation technology </a> for metal 3D printing, which combines process simulation with geometry compensation to ensure large or complex metal parts distort into their intended shape during printing. It also marks the company's second acquisition in the space after CADS Additive, which it <a href="https: 
//hexagon.com/company/newsroom/press-releases/2023/hexagon-enhances-its-additive-manufacturing-solutions-with-the-acquisition-of-cads-additive"> acquired in June 2023 </a> . It leveraged the acquisition to integrate the latter's build preparation and support structure creation capabilities with its Simufact Additive process simulation software.

3D Systems sells Geomagic software portfolio to Hexagon for USD 123 million

PROMINENT_CATEGORY

<div>
 AML3D, a leading Australian additive manufacturing firm, has signed an agreement worth AUD 2.27 million (USD 1.46 million) with the Tennessee Valley Authority (TVA), a federal power provider. This agreement aims to equip TVA with AML3D's ARCEMY X system to enhance power generation repair capabilities.
 As per the announced deal, AML3D is set to deliver its 6700 Edition ARCEMY X system to TVA's Muscle Shoals establishment located in Alabama. The procured system comes with a service and maintenance contract valid for two years. This contract also includes an option for extension. Final commissioning of the system is projected for the second half of 2025.
 This new partnership signifies AML3D's plan to grow beyond its primary focus on the defense sector within the US market. TVA singled out AML3D's ARCEMY X system via a competitive tender process to address its power generation repair requirements.
 
</div>

AML3D partners with Tennessee Valley Authority to provide advanced additive manufacturing system

<div>
 Horizon Microtechnologies, a company specializing in on-demand micro 3D printing, has received an undisclosed amount of funding from the European Space Agency's SPARK program, which is managed by the Center for Satellite Navigation Hesse GmbH (CESAH).
 The company's expertise lies in creating micro-scale parts using template-based 3D microfabrication technology. This process allows them to develop light, compact monolithic components with intricate geometries without compromising the structural integrity. The technology combines the precision of 3D printing with metallization processes, which is vital for optimization of size, weight, and power in space missions. Horizon Microtechnologies offers various coatings including HMT-Metal, a copper coating with more than 25% bulk copper conductivity, HMT-Protect, a ceramic-like protective coating offering resistance against chemicals, abrasion, and heat, and HMT-Conductive, a transparent conductive coating.
</div>

Horizon Microtechnologies raises funding from European Space Agency (ESA)

<div>
 Metal 3D printer manufacturer Meltio and Welding Alloys Group, a leader in advanced welding consumables, have formed a partnership. Their goal is to improve laser-oriented repair and maintenance protocols for various enterprises.
 The collaboration makes the most of the expertise of Welding Alloys in cored wire production, and Meltio's specialization in laser wire cladding and metal 3D printing solutions. The intention is to provide customers with a comprehensive solution. As Meltio's official global partner for hard-facing and cladding, Welding Alloys will develop specialized cored wires designed for laser operations. This will eventually enrich Meltio's materials portfolio.
 Welding Alloys will also support the expansion of Meltio's ecosystem. They will collaborate with technology centers, machinery tool manufacturers, robotic integrators, academic bodies, and industry stakeholders globally. The aim here is to facilitate and unlock new business potential and opportunities.
 
</div> Analyst QuickTake: 
 Meltio has steadily been expanding its product portfolio and capabilities via a series of partnerships. Some notable examples include partnerships with 1) One Off Robotics to launch a ready-to-use AM work cell ( <a href="https: 
//sp-edge.com/updates/26511"> February </a> ); 2) Accufacture and FANUC America to introduce an AM robotic work cell ( <a href="https: 
//sp-edge.com/updates/28672"> April </a> ); 3) Jupiter Machine Tool and Union MT to develop and sell hybrid CNC machines ( <a href="https: 
//sp-edge.com/updates/31238"> July </a> ); and 4) Matterhackers to integrate its M600 metal 3D printer into MatterHackers' offerings ( <a href="https: 
//sp-edge.com/updates/34294"> September </a> ).

Meltio partners with Welding Alloys Group to improve laser wire cladding solutions

<div>
 3D printing firm Stratasys has initiated a long-term technical collaboration with NASCAR, making it the exclusive 3D printing technology supplier for the manufacturing of components and tools.
 This alliance involves setting up a new 3D printing laboratory at NASCAR's R&amp;D Center in Concord, North Carolina, where Stratasys F370, 450mc, F900 FDM (fused deposition modeling), and NEO800 SL printers will be installed.
 The lab will facilitate research and development, examinations, parts production, and tooling for NASCAR's three national series, thereby enabling access to high-end manufacturing technologies like FDM and stereolithography.
</div>

Stratasys partners with NASCAR as exclusive 3D printing technology provider

<div>
 
 Beehive Industries, a company specialized in metal 3D printing as a contract manufacturer, has inaugurated a new 60,000 sq ft headquarters in Centennial, Colorado.
 The headquarters are designed to be an epicenter for additive manufacturing, CNC machining, and jet engine assembly and testing endeavors. It is equipped with two tailor-made jet engine test cells. This extension aids Beehive to strengthen its standing in the American defense sector and aiding its core mission to fuel national defense capacities. At present, the facility has approximately 65 employees and there are plans to increase this number by hiring 100 more over the next couple of years.
 The company primarily manufactures metal additive and parts for aerospace and defense usages. Apart from this, Beehive Industries also provides investment casting services for several substances like wax, PMMA, SLA, and ceramic patterns and cores.&nbsp;
 
</div> Analyst QuickTake: 
 This news follows a recent trend of companies establishing new facilities or expanding existing facilities in North America to cater to increased demand from the defense industry. Beehive joins the likes of 1) <a href="https: 
//sp-edge.com/companies/511081"> Titomic </a> , which established a new facility in Huntsville <a href="https: 
//sp-edge.com/updates/35052"> (October </a> ); 2) <a href="https: 
//sp-edge.com/companies/787258"> Freemelt </a> , which established its first North American application center in partnership with HAMR Industries <a href="https: 
//sp-edge.com/updates/34189"> (August) </a> ; 3) <a href="https: 
//sp-edge.com/companies/139715"> Nikon </a> , which opened an advanced manufacturing technology center in California <a href="https: 
//sp-edge.com/updates/32104"> (July); </a> and 4) <a href="https: 
//sp-edge.com/companies/910307"> SPEE3D </a> , which opened a US-based manufacturing facility and applications center <a href="https: 
//sp-edge.com/updates/31068"> (June) </a> .

Beehive Industries opens new manufacturing headquarters in Colorado

<div>
 Caracol, an industrial robotic large-format additive manufacturing (LFAM) company, has formed a partnership with Additive Engineering Solutions (AES), a provider of turnkey LFAM services. The aim is to enhance the use of additive manufacturing in the aerospace and defense sectors.
 As part of the collaboration, AES will incorporate Caracol's Heron AM platform in their operations for tasks such as composite tooling and full-scale engineering mockups. Both firms contribute unique strengths to the partnership. Caracol brings its AS9100-certified production facility in Europe, proficiency in thermoplastic composites and metals, while AES adds its extensive knowledge of aerospace and defense requirements and compliance with NIST cybersecurity.
</div> Analyst QuickTake: 
 This partnership will enable Caracol to bolster its presence in the US defense industry, which has steadily increased AM adoption over the past year. Notable activity in the space included military partnerships with <a href="https: 
//sp-edge.com/companies/910307"> SPEE3D </a> to 1) deploy its Expeditionary Manufacturing Unit (EMU) to print metal parts from aluminum and stainless steel ( <a href="https: 
//sp-edge.com/updates/32619"> August </a> ), 2) train soldiers to print crucial parts for repairing equipment in the field ( <a href="https: 
//sp-edge.com/updates/33549"> September </a> ), and 3) <a href="https: 
//sp-edge.com/companies/1012815"> AML3D </a> to use its ARCEMY Wire Arc Additive Manufacturing technology to produce, test, and validate a wider range of submarine components ( <a href="https: 
//sp-edge.com/updates/33795"> September </a> ).

Caracol partners with AES to advance large-format additive manufacturing in aerospace and defense

<div>
 Additive manufacturing solutions provider, Sintavia, has collaborated with Curtiss-Wright's EMS Division to produce the first additively manufactured impeller for US Navy submarines. Bechtel Plant Machinery was also part of the collaboration.
 Located in Pennsylvania, Curtiss-Wright's facility was in charge of developing, manufacturing, testing, and supplying the 3D-printed impeller. The aim of this collaboration was to harness the potential of additive manufacturing technology to improve manufacturing lead times, enhance quality, mitigate performance risks, and improve delivery timeline of naval defense components.
</div> Analyst QuickTake: 
 The US defense industry has seen a steady increase in AM adoption over the past year. Notable activity included partnerships with <a href="https: 
//sp-edge.com/companies/910307"> SPEE3D </a> to 1) deploy its Expeditionary Manufacturing Unit (EMU) to print metal parts from aluminum and stainless steel ( <a href="https: 
//sp-edge.com/updates/32619"> August </a> ), 2) train soldiers to print crucial parts for repairing equipment in the field ( <a href="https: 
//sp-edge.com/updates/33549"> September </a> ), and 3) <a href="https: 
//sp-edge.com/companies/1012815"> AML3D </a> to use its ARCEMY Wire Arc Additive Manufacturing technology to produce, test, and validate a wider range of submarine components ( <a href="https: 
//sp-edge.com/updates/33795"> September </a> ). This news also coincides with Sintavia's scheduled <a href="https: 
//sp-edge.com/updates/28476"> USD 25 million </a> expansion of its metal AM headquarters to cater to the demands of the US Department of Defense.

Sintavia partners with Curtiss-Wright to produce 3D-printed submarine components for US Navy

<div>
 Siemens Materials Solutions, a division of Siemens Energy, is collaborating with Rolls-Royce to create and provide serial production additive manufacturing applications for Rolls-Royce's civilian aerospace business. The goal of this collaboration is to expand serial AM manufacturing, develop lightweight, high-performance components for commercial aviation, and increase the use of AM applications in crucial aerospace activities.
</div>

All Updates

Fabric8Labs raises USD 50 million in series B funding

AML3D opens US technology center in Ohio to support defense and industrial customers

3D Systems sells Geomagic software portfolio to Hexagon for USD 123 million

AML3D partners with Tennessee Valley Authority to provide advanced additive manufacturing system

Horizon Microtechnologies raises funding from European Space Agency (ESA)

Meltio partners with Welding Alloys Group to improve laser wire cladding solutions

Stratasys partners with NASCAR as exclusive 3D printing technology provider

Beehive Industries opens new manufacturing headquarters in Colorado

Caracol partners with AES to advance large-format additive manufacturing in aerospace and defense

Sintavia partners with Curtiss-Wright to produce 3D-printed submarine components for US Navy

Siemens Materials Solutions partners with Rolls-Royce for aerospace additive manufacturing production

Additive Manufacturing

Fabric8Labs raises USD 50 million in series B funding

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