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3DX Launches Government Contracts Division

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3DX Industries Inc. (DDDX) announced the establishment of a new business development office to pursue government contract opportunities aimed at the US Armed Forces. This division will target contracts from various branches including the Navy, Army, Air Force, and Marine Corps. With previous experience in manufacturing military parts, 3DX aims to leverage recent federal investments from the Infrastructure Investment and Jobs Act to secure contracts. Harold Blackwell, who previously led Mergers & Acquisitions, will take charge of this new initiative starting January 1, 2022.

Positive
  • Launch of a business development office focused on government contracts.
  • Previous experience in military manufacturing positions 3DX favorably.
  • Potential to capitalize on $1 trillion federal infrastructure investments.
Negative
  • None.

Seattle, Dec. 16, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- 3DX Industries Inc. (DDDX) (the “Company” or “3DX”), a state of the art additive manufacturer specializing in 3D Metal Printing, announced it has launched a business development office focused on applying for government contract work targeted towards the US Armed Forces.

This division of 3DX Industries, Inc. will focus on bidding on government contract work for the United States Navy, United States Army, United States Air Force, United States Marine Corps and other local, State and Federal government divisions.

3DX Industries, Inc. has worked as a sub contractor on various projects for government agencies in the past including aircraft carrier parts for the US Navy.  Beginning in early 2022, this division of 3DX will be led by Mr. Harold Blackwell and focus on the various government contract opportunities available in the United States to manufacturers with the additive and subtractive capabilities of 3DX Industries. 

“We have experience in making parts for the military and know we can provide exceptional value to the armed forces via our manufacturing capabilities,” said Mr. Roger Janssen, President & CEO at 3DX Industries, Inc.  “Moving into 2022, we want to have a clear focus on securing these projects and believe Harold’s experience in the space will be a perfect fit with our business objectives.”

The United States Government recently passed bipartisan legislation, The Infrastructure Investment and Jobs Act, which will invest over $1 trillion USD into roads, bridges, utilities, transportation and water systems, among other investments. 

“The timing could not be better,” Mr. Harold Blackwell said.  “We plan to make the most of the opportunities to position 3DX into the government contracting ecosystem.”

Mr. Harold Blackwell, who has led the Mergers & Acquisitions for 3DX in 2021, will pivot to the new position starting January 1st, 2022.

About the Company: 3DX Industries, Inc. is focused on the additive metal manufacturing segment within the manufacturing industry.  3DX has the capability of manufacturing a wide variety of products using its 3D metal printing system, 3D plastic printing as well as more traditional methods of precision manufacturing. 3DX offers additive and traditional manufacturing services as well as product design, engineering and assembly services to its customers.

Safe Harbor 3DX encourages those interested in our Company to rely only on information included in our filings. Statements released by 3DX Industries, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings. The company does not undertake any responsibility to update the forward-looking statements contained in this release.

For additional information please contact:

3DX Industries, Inc.

6920 Salashan Parkway Suite D-101

Ferndale WA 98248

Telephone: 360-366-8858

Email: info@3dxindustries.com

For company news visit OTC Markets at https://www.otcmarkets.com/stock/DDDX/news

3DX Industries, Inc. web site can be found at www.3dxindustries.com.

Information included on the Company's website is not incorporated herein by reference or otherwise.


FAQ

What is the focus of 3DX Industries' new business development office?

3DX Industries' new office will focus on applying for government contracts related to the US Armed Forces.

Who will lead the new division at 3DX Industries starting January 2022?

Harold Blackwell will lead the new government contract division starting January 1, 2022.

Which branches of the US Armed Forces will 3DX Industries target for contracts?

3DX Industries will target contracts from the US Navy, Army, Air Force, and Marine Corps.

How does the Infrastructure Investment and Jobs Act impact 3DX Industries?

The Act's $1 trillion investment creates potential opportunities for 3DX Industries in government contracting.

3DX INDUSTRIES INC

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