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About 3D Systems
3D Systems Corporation (NYSE:DDD) has been a transformative force in the manufacturing industry for over three decades. With a legacy rooted in pioneering 3D printing, the company has continually redefined what is possible in additive manufacturing by providing a comprehensive suite of digital design and fabrication solutions. Its offerings span advanced 3D printers, an extensive range of materials—including plastics, metals, ceramics, and edibles—and integrated software platforms that connect design, simulation, and production. This cohesive ecosystem empowers industrial and healthcare customers to transform concepts into tangible, high-precision products.
Advanced 3D Printing and Additive Manufacturing Solutions
At the core of 3D Systems' business is a commitment to innovation in additive manufacturing and digital design. The company’s cutting-edge 3D printing hardware and cloud-driven manufacturing services allow for precise fabrication of complex parts. This includes high-quality production for industries that demand rigorous standards, such as aerospace, automotive, and defense. Its portfolio of technologies not only improves production speed and efficiency but also reduces material waste and costs by enabling advanced design techniques and streamlined processes.
Healthcare Solutions and Digital Dentistry
3D Systems has made significant inroads into the healthcare sector by offering personalized medical solutions that enhance patient outcomes. Its digital dentistry innovations, notably the FDA-cleared multi-material jetted denture solution, enable dental laboratories to produce aesthetic and durable dentures with high efficiency. Additionally, its comprehensive approach to personalized healthcare now includes simulation, surgical planning, and the production of patient-specific medical devices. This integration of precision engineering and medical expertise directly supports enhanced surgical workflows and improved patient care.
Industrial Integration and Investment Casting
Within the industrial sector, 3D Systems addresses traditional manufacturing challenges with innovative techniques. Its proprietary QuickCast Air tool optimizes the production of investment casting patterns by reducing material consumption, accelerating build times, and lowering overall costs. By converting standard casting methods into a digitally driven process, the company enables manufacturers in high-demand industries—such as aerospace, energy, and automotive—to produce high-precision components with reduced lead times and significantly enhanced design flexibility.
Software Platforms and Workflow Integration
Complementing its hardware, 3D Systems leverages robust software solutions that redefine manufacturing workflows. Platforms like 3D Sprint and 3DXpert simplify the transition from computer-aided design to final production, automating repetitive tasks and integrating quality inspection protocols. The Oqton Manufacturing OS further exemplifies this integration by optimizing factory-floor operations across multiple manufacturing sites. These platforms not only foster an efficient design-to-production process but also incorporate advanced simulation tools and traceability features essential for regulated environments.
Global Impact and Technological Expertise
Operating throughout the Americas, EMEA, and APAC, 3D Systems has established a far-reaching global presence. Its expansive network of offices and facilities supports a diverse customer base, ensuring that innovative digital manufacturing solutions are accessible worldwide. The company’s continual investment in research and development has reinforced its position as a trusted partner in high-criticality markets. By addressing cost pressures, elevating production quality, and reducing time-to-market, 3D Systems serves as a critical enabler of modern manufacturing across multiple sectors.
Strategic Market Position and Industry Innovation
3D Systems differentiates itself in a competitive landscape by combining decades of experience with ongoing technological innovation. Its business model integrates hardware excellence with sophisticated software and material science, which collectively enhance automation and production efficiency. This comprehensive approach has allowed 3D Systems to set industry benchmarks, facilitating high-volume, precise manufacturing while navigating the challenges inherent in traditional production methods. Through its collaborative mindset with both customers and strategic partners, 3D Systems continues to shape the future of digital manufacturing and secure its role as a cornerstone of the modern industrial ecosystem.
3D Systems (NYSE: DDD) has unveiled several innovations aimed at advancing additive manufacturing across healthcare and industrial sectors. Key highlights include the launch of the SLS 380 for enhanced part production, the DMP Flex 350 Dual and DMP Factory 350 Dual which reduce build times significantly, and the DMP Flex 200 optimized for dental applications. Additional advancements include the 3DXpert® 17 software for improved design workflows and the Figure 4® Rigid 140C Black material for automotive applications, showcasing the company's commitment to delivering innovative solutions in 3D printing.
3D Systems has priced its offering of $400 million in 0% convertible senior notes due 2026, raising the initial offering from $350 million. The sale is expected to close on November 16, 2021. The notes, with a conversion rate of 27.8364 shares per $1,000 principal, represent a 42.5% premium over the recent stock price. Estimated net proceeds are around $388 million, intended for general corporate purposes, including potential acquisitions. The offering is made under Rule 144A and involves risks that could affect the company's future performance.
3D Systems announced a proposed offering of $350 million of convertible senior notes due 2026. An additional $52.5 million may be purchased by initial investors within 13 days of issuance. The notes will be unsecured and interest will be paid semiannually. They can be converted under certain conditions until 2026, upon which 3D Systems may pay cash, stock, or a combination upon conversion. The net proceeds will support general corporate purposes, including potential acquisitions. This offering is private and subject to market conditions.
3D Systems Corporation (NYSE:DDD) reported Q3 2021 revenue of $156.1 million, reflecting a 14.6% increase year-over-year. Adjusted for divestitures, revenue grew 35.9% compared to 2020. The company achieved a 10.5% adjusted EBITDA margin and generated $20.7 million in positive cash flow, marking four consecutive quarters of positive operations. Following divestitures, cash reserves stand at $502.8 million with no debt. 3D Systems announced acquisitions of Oqton and Volumetric Biotechnologies to drive future high-margin growth. Gross profit margin was 41.2%.
3D Systems announces an expansion of its collaboration with United Therapeutics to develop bioprinting technology for multiple human organs, beyond just lungs. This amendment will take effect once 3D Systems completes its acquisition of Volumetric Biotechnologies, Inc. The program aims to provide an unlimited supply of biocompatible human organs for transplantation, relying on a technology platform established since 2017. The initiative is projected to continue through 2025, reflecting the companies' commitment to addressing urgent medical needs for organ transplants.
Volumetric, a Houston-based biofabrication start-up, has been acquired by 3D Systems (NYSE: DDD) for an initial payment of
3D Systems has announced the acquisition of Volumetric Biotechnologies for an initial payment of $45 million, with a potential total value of $400 million tied to future performance milestones. This acquisition aims to enhance 3D Systems’ capabilities in the bioprinting of human organs, particularly focusing on the liver and other applications. Dr. Jordan Miller will join as Chief Scientist for Regenerative Medicine to lead this initiative, expanding the company's efforts alongside United Therapeutics in creating vital organ solutions. A conference call on October 28, 2021, will provide further details.
3D Systems (DDD) announced that it will release its third quarter 2021 financial results and file its Form 10-Q on November 8, 2021, after U.S. markets close. A conference call to discuss these results will take place on November 9, 2021, at 8:30 a.m. ET. Investors can participate via telephone or webcast. The company emphasizes its reliance on forward-looking statements, cautioning that actual results may differ due to various risks and uncertainties. More details can be found on their investor relations webpage.
Trilantic North America has acquired the On-Demand Manufacturing business from 3D Systems (NYSE: DDD), rebranding it as Quickparts. This strategic move is led by industry veteran Ziad Abou, who becomes CEO. Quickparts, recognized in digital manufacturing, aims to expand its services and enhance customer value with over 150 in-house 3D printers across North America and Europe. The acquisition highlights Trilantic's commitment to advancing Industry 4.0 technologies and better serving diverse markets.
3D Systems (NYSE: DDD) has launched VisiJet Wax Jewel Red, a new material designed for jewelry casting that enhances design capabilities and production efficiency. This innovative material allows for more intricate designs, improved durability, and flexibility, addressing the needs of casting houses. It enables same-day pattern printing and casting while reducing waste and operational costs. Planned availability is on September 20, 2021, marking a significant advancement in the 3D printing landscape for jewelry manufacturing.
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