TechCrunch: 3D Printing Company Essentium Set to Go Public Via SPACDecember 1, 2021December 3, 2021 | The Essentium TeamShare The world of additive manufacturing is not immune from the SPAC craze. Desktop Metal, Shapeways, Markforged and Velo3D have all either completed or announced plans to go public through the process. Austin-based Essentium this week highlighted plans to add its name to the growing list, courtesy of a reverse merger with Atlantic Coastal Acquisition Corporation.The deal would value the combined companies at $974 million, including $345 million in cash, courtesy of Atlantic Coastal. Essentium cites ongoing supply chain issues as a motivating factor in growing interest around additive manufacturing/3D printing.Read More: TechCrunchShare
The world of additive manufacturing is not immune from the SPAC craze. Desktop Metal, Shapeways, Markforged and Velo3D have all either completed or announced plans to go public through the process. Austin-based Essentium this week highlighted plans to add its name to the growing list, courtesy of a reverse merger with Atlantic Coastal Acquisition Corporation.The deal would value the combined companies at $974 million, including $345 million in cash, courtesy of Atlantic Coastal. Essentium cites ongoing supply chain issues as a motivating factor in growing interest around additive manufacturing/3D printing.Read More: TechCrunch
The Essentium Team November 6, 2023Nexa3D Announces Intent to Acquire Essentium; Adds High Speed Extrusion to its Product PortfolioAcquisition would broaden capabilities, expand addressable markets, and diversify revenues for the fast-growing 3D printing company. Nexa3D, the ultrafast 3D printing leader, has taken a significant step in staking its leadership position in the industrial additive manufacturing space by signing a letter of intent to acquire Essentium, a prominent manufacturer of HSE 3D printers and materials, widely adopted for high requirement, precision applications in aerospace, military, and defense. With this acquisition, Nexa3D would add high-speed extrusion (HSE) to its current product portfolio. Read More
The Essentium Team October 17, 2023Essentium and KVG Rapid 3D Printing Collaboration Strengthens Ukraine’s Defense Response Essentium®, Inc., a leading innovator of industrial additive manufacturing (AM) solutions, has joined forces with KVG®, an internationally recognized mission support provider, to provide Ukraine with 3D printing solutions, training, and manufacturing tools. These 3D printing capabilities enable rapid, on-demand production of mission-critical parts and components in the field of conflict. Read More
The Essentium Team January 20, 2023TCT Magazine: Essentium to launch ‘ePOD’ on-demand additive manufacturing service offering in 2023Essentium intends to launch a parts manufacturing services offering based on its High Speed Extrusion (HSE) 3D printing technology called ePOD – Essentium Parts On Demand. Read More
