Tag Archives: 3D Systems
Top 3D Printing Headlines from Last Week: Legs, Bikinis, Disney World
A roundup of the top news On 3D Printing brought you from May 7 to May 13.
Monday, May 7
- 3D Printed Legs: Giving Amputees the Power of Personal Expression
- Impact of 3D Printing on Indian Labor Market “Mind-Boggling” [Opinion]
Tuesday, May 8
- Stratasys Announces Mojo: Lowest-Price Professional-Grade 3D Printer
- 3D Systems Acquires FreshFiber for 3D Printed Electronics Accessories
Wednesday, May 9
Thursday, May 10
- MakerBot CEO Bre Pettis is 3D Printing’s First Celebrity
- 3D Printed Curves: How the N12 Bikini Fits Your Body Perfectly
Friday, May 11
3D Systems CEO: 3D Printing Will Be As Big As the iPad
The Cube is coming and it’s going to help 3D printing be as big as the iPad.
That’s the message 3D Systems CEO Abe Reichental wants you to understand. The Cube is 3D Systems’ new printer targeted at the mass consumer. It simplifies the process of getting from design to print via embedded Wi-Fi and cloud printing. The Cube will retail for $1,299 which undercuts the current consumer standard MakerBot Replicator by $500.
There is no doubt that Mr. Reichental has conviction about his belief in the growth of the 3D printing industry. 3D Systems transfered from NASDAQ to NYSE just one year ago and has grown its market cap by 40%. It has since been on an acquisition tear, picking up My Robot Nation, FreshFiber and several other companies. The 3D printer company recently reported record revenue for Q1 and is now placing bets on its Cube consumer printer and Cubify design portal.
In an interview with VentureBeat, Mr. Reichental commented on why 3D printing will become as big as the iPad:
There are very few artists around the world that can start painting on a blank canvas, but there are millions of people who can use a coloring book.
And further on his expectations for printer prices over time:
The prices will come down. It’s inevitable that in the next year or year-and-a-half prices will be half of what they are today, and then come down again.
We are excited to see the launch of the Cube printer!
Via VentureBeat.
iPad Crowd photo from niallkennedy used under Creative Commons license.
3D Systems Acquires FreshFiber for 3D Printed Electronics Accessories
3D Systems (NYSE:DDD) has announced the acquisition of Amsterdam-based FreshFiber BV, a leading 3D printing consumer goods brand. The photo above showcases several custom iPhone case designs sold by FreshFiber, each depicting the landmarks of a different major city and manufactured using 3D printing.
From their press release:
3D Systems plans to integrate FreshFiber into its growing consumer business and leverage the FreshFiber brand and leadership position to expand its reach into individualized and personalized electronics accessories.
“This is an exciting development that will allow us to bring an expanded range of accessories and services to our customers,” said Christian Dijkhof of FreshFiber.
FreshFiber is the leading 3D printed consumer electronics accessories brand sold on-line and in retail stores today. Over the past two years, FreshFiber grew its product offering and presence globally through high-end retail stores like Apple, FNAC and Gravis.
“FreshFiber delivers extraordinary personalization and style through a wide range of co-creation APPS and choices that empower consumers to customize their accessories, including its flagship iPhone® cases,” said Cathy Lewis, Vice President Global Marketing for 3D Systems. “We plan to enhance FreshFiber’s portfolio through our technology and manufacturing infrastructure as well as our growing Cubify.com platform.”
This acquisition comes just weeks after the acquisitions of My Robot Nation and Paramount Industries, and Q1 results with record revenue.
Top 3D Printing Headlines from Last Week: Crowdfunding, Fashion, 123D, $500 Printer
A roundup of the top news On 3D Printing brought you from April 23 to April 29.
Monday, April 23
- Innovative and Strange 3D Printing: Chocolate, Stone, Candy, Organs
- Anarkik3D Seeks Crowdfunding to Launch 3D Printing Software for Artists
Tuesday, April 24
- 3D Printing and the Public Markets: Market Cap Comparison [Charts]
- 3D Printing and the Runway: Fashion Gets Printed in Belgium
Wednesday, April 25
- Former MakerBot COO Launches New 3D Printer with a Mainstream Price Tag
- Ponoko Team Demos Autodesk 123D and 3D Printing Made To Order
Thursday, April 26
- Analyzing the Market Size of 3D Printing Creators and Consumers
- Romantic Boyfriend 3D Prints Wedding Bands, Raises the Bar
Friday, April 27
- 3D Printing Blossoms into the Mainstream – BusinessWeek Special Report
- Fab Lab of the Week: Collab in New York City
Saturday, April 28
3D Systems Q1 Results: Record Revenue and Printer Units, M&A Activity [Earnings]
“We are pleased to report another quarter of record revenue and printer units,” said Abe Reichental, 3D Systems’ President and Chief Executive Officer. “Record print materials revenue and continued margin expansion drove our consolidated gross profit margin upward validating the earnings power of our business model.”
3D Systems (NYSE:DDD) is a leading provider of 3D content-to-print solutions including 3D printers, print materials and on-demand custom parts services for professionals and consumers alike.
Revenue increased 63% to $77.9 million over the first quarter of 2011. Printer units grew 153% for the quarter compared to 2011. Gross profit grew 67% for the first quarter on higher revenue and gross profit margin expanded 143 basis points over the 2011 period to 50%.
The company generated $15.8 million of cash from operations in the first quarter 2012, after incurring a $13.1 million increase in its operating expenses from expected acquisition and higher sales and marketing costs. The increase also included $2.1 million of higher R&D expenditures in support of its Cubify.com consumer initiative and expanded R&D programs in support of the businesses it acquired during the first quarter of 2012, including My Robot Nation.
The company ended the first quarter of 2012 with $60.0 million of available cash, including $15.8 million of cash from operations.
The company affirmed its annual guidance for the full year 2012 and expects its revenue to be in the range of $330 million to $360 million and its non-GAAP adjusted earnings per share to be in the range of $1.00 to $1.25.
To experience 3D Systems’ entire range of 3D content-to-print products and services please visit www.printin3D.com , www.production3dprinters.com , www.zcorp.com , www.toptobottomdental.com , www.3Dproparts.com , www.quickparts.com , www.paramountind.com , www.zcorp.com , www.alibre.com , www.bitsfrombytes.com , www.cubify.com , www.myrobotnation.com , www.The3dStudio.com , www.freedomofcreation.com , www.sycode.com , www.botmill.com , blog.3dsystems.com, or via email at moreinfo@3Dsystems.com.
Via MarketWatch.
