2020’s Top 10 3D Printing Business Deals: From Pioneers to Startups
3DPrintVanesa ListekDecember 30, 2020
Looking back on 2020, it seems this unprecedented and tumultuous year has dealt a severe blow to businesses in every corner of the world. Even entire industries had to adapt to survive. Many were downright destroyed, like the travel and personal service sector. But, if there is a silver lining at this point, it could be that the pandemic forced companies to urgently leverage new technologies and adjust supply chains. The digital technology revolution is changing businesses by accelerating the shift toward advanced manufacturing technologies, like 3D printing. This year we have witnessed several 3D printing companies expand through mergers and acquisitions, big IPOs, and by engaging investors to raise funding. As we get ready for 2021, let’s review some of the biggest business deals in the 3D printing industry.
Nexa3D Partnered with Resellers in Five Countries
Nexa3D, which specializes in producing ultra-fast stereolithography 3D printers powered by its proprietary Lubricant Sublayer Photo-curing (LSPc) technology, is growing its reseller network. In May 2020, the company announced a reseller partnership with 3DZ Group in southern Europe, and in June it added several new global reseller partners that cover Belgium, the Netherlands, Poland, Portugal, North America, and South Africa. With its flagship NXE400 system, which is meant to break productivity and speed barriers at scale, Nexa3D hopes to provide recovering manufacturers a better and faster way to adapt, and remain resilient, should another worldwide crisis arise that disrupts supply chains like COVID-19 has.
After the highly anticipated 2020 Formnext Connect event, 3DPrint.com virtually caught up with Nexa3D CEO Avi Reichental, who announced the creation of a customer success center in partnership with leading German reseller Disc Direct, as well as an extended presence in Japan, the first reseller partner in Mexico and Nexa3D presence in the Chinese market coming soon.