3DP News & Resurrections!
Kurt The 3D Printer GUY!!
As if that weren’t enough, Velo3D returned to a major stock exchange – Nasdaq – a year after being delisted from the NYSE due to a low share price and relegated to the little-known (and certainly less prestigious) OTCQX Best Market.
So, what now? Is this the dawn of something new? Something better? Is AM’s bad streak ending, and is the industry becoming prosperous again?
Unfortunately, not really… While encouraging at first glance, these latest moves are little more than putting lipstick on a corpse.
Especially when contrasted with Creality’s recent IPO announcement (and the simultaneous disclosure of its official financial results) and what’s happening right now on Kickstarter with Snapmaker’s latest 3D printer.
Against that backdrop, the “resurrections” of the aforementioned companies look quaint. Cute...
First, a quick recap:
I already wrote last week about EnvisionTEC. A company from the Anzu Partners group will acquire EnvisionTec GmbH, following the recent bankruptcy of its previous owner, Desktop Metal. Anzu promises continuity of operations, obligations, and customer service for EnvisionTEC.
The acquisition runs in parallel with purchases of ExOne GmbH and ExOne KK. Anzu is also finalizing the takeover of Voxeljet.
Read rest of it on LinkedIn:
