Welcome to our dedicated page for voxeljet news (Ticker: VJET), a resource for investors and traders seeking the latest updates and insights on voxeljet stock.
voxeljet AG (symbol: VJET) is a leading provider of high-speed, large-format 3D printers and on-demand custom parts services tailored for industrial and commercial applications. The company's state-of-the-art 3D printers utilize a powder binding, additive manufacturing technology that enables the production of parts using a diverse range of materials, including particulate materials combined with proprietary chemical binding agents.
The company’s standout feature is its unparalleled volumetric output rate, achieved through the integration of large build boxes and high-speed printheads. voxeljet AG's offerings cater to various sectors, such as automotive, aerospace, film and entertainment, art and architecture, engineering, and consumer products.
With a portfolio of six different 3D printer platforms, voxeljet AG provides build boxes ranging from 300 x 200 x 150 millimeters to an impressive 4,000 x 2,000 x 1,000 millimeters. The printhead speeds vary, delivering volumetric output rates from 0.7 liters per hour to a remarkable 123.0 liters per hour. This variety allows the company to meet a wide array of client requirements, from small-scale prototypes to large-scale production runs.
voxeljet AG continues to innovate and expand its offerings. The company is engaged in numerous projects aimed at enhancing its technology and extending its market reach. Financially, voxeljet AG maintains a stable condition, with strategic partnerships that bolster its market position and foster growth.
Stay informed with the latest developments and updates about voxeljet AG and keep abreast of how this pioneering company continues to shape the future of 3D printing technology.
The 3D printing market is projected to grow from
voxeljet AG (NASDAQ: VJET) reported its consolidated financial results for Q4 and full-year 2022. Q4 revenues fell by 1.1% to kEUR 10,766, with Systems revenues down 4.4% to kEUR 8,096, while Services revenues grew 10.6% to kEUR 2,670. The gross profit margin decreased significantly to 26.5% from 32.7%. For FY 2022, total revenues increased 12.1% to kEUR 27,832, yet a net loss was reported at kEUR 11,409, or EUR 1.53 per share. Looking ahead, Q1 2023 revenue is projected between kEUR 5,750 and kEUR 6,000, with full-year guidance set at kEUR 27,500 to kEUR 32,500.
The global 3D printing market in the education sector is projected to grow by USD 720.31 million from 2021 to 2026, with a CAGR of 11.68%.
Key drivers include the hands-on learning benefits of 3D printing and the integration of technology in curricula. Notably, North America is expected to account for 39% of market growth, with the U.S. and Canada leading. The market comprises higher education and preK12 sectors, highlighting significant opportunities in enhancing student creativity.
However, an emerging challenge is the growing preference for 3D printing rental services, which allow institutions to utilize advanced printers without capital investment.
voxeljet AG (NASDAQ: VJET) announced it will release its financial results for the fourth quarter and full year 2022 after market close on March 30, 2023. A conference call to discuss these results will be held on March 31, 2023, at 8:30 a.m. ET, featuring CEO Dr. Ingo Ederer and CFO Rudolf Franz. Interested parties can join the live audio broadcast by dialing the provided numbers and are encouraged to register early. A webcast will also be accessible on the company's investor relations website. This event will provide insights into the company’s performance and future outlook.
The report titled "3D Printing Market by Printer Type, Materials, Software, Applications, Services and Solutions in Industry Verticals 2023 - 2028" highlights significant growth in the 3D printing sector, particularly beyond traditional manufacturing and into areas like medical devices. Key findings indicate a surge in production-as-a-service and innovative materials, alongside increased desktop 3D printer usage. The MEA region is noted as the fastest-growing market, while companies like Relativity and Aectual are pioneering advancements in aerospace and construction applications. The report forecasts mainstream adoption of 3D printing in healthcare by 2024.
voxeljet AG (NASDAQ: VJET) announces the expansion of its collaboration with Tooling & Equipment International (TEI), which has purchased a third VX4000 3D sand printer. This printer will enhance TEI's capacity to produce structural components for General Motors' Cadillac CELESTIQ, allowing for production of up to 2.5 million liters of additive sand per year. The VX4000 can produce hundreds of inner sand cores overnight, significantly reducing delivery times and enabling the creation of lightweight parts with optimized designs. This advancement positions both companies at the forefront of 3D printing technology in the automotive industry.
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