Bloomberg: BASF-Backed 3D Printer Essentium to Go Public Via SPAC MergerDecember 1, 2021December 3, 2021 | The Essentium TeamShare – Combined company to have enterprise value of $974 million– Essentium in talks to provide products to the U.S. Air ForceEssentium, Inc., a provider of industrial 3D printing solutions, has agreed to go public through a merger with blank-check firm Atlantic Coastal Acquisition Corp.The transaction gives the combined company an enterprise value of $974 million, according to a statement, which confirmed an earlier Bloomberg News report.Read More: BloombergShare
– Combined company to have enterprise value of $974 million– Essentium in talks to provide products to the U.S. Air ForceEssentium, Inc., a provider of industrial 3D printing solutions, has agreed to go public through a merger with blank-check firm Atlantic Coastal Acquisition Corp.The transaction gives the combined company an enterprise value of $974 million, according to a statement, which confirmed an earlier Bloomberg News report.Read More: Bloomberg
Lewis Simms January 12, 2024Nexa3D Completes Acquisition of Essentium Adding High-Speed Extrusion to Its Powerful Additive Manufacturing PortfolioAcquisition broadens capabilities, adds super polymer expertise, and democratizes access to industrial, health and government customersVENTURA, CA, January 12th, 2024 – Nexa3D, the ultrafast 3D printing leader, announced the successful completion of its acquisition of Essentium, a distinguished manufacturer of high-speed extrusion (HSE) 3D printers and materials. Nexa3D has rapidly emerged as an industry leader in industrial 3D printing, offering revolutionary production solutions to businesses across various sectors. Renowned for its ultrafast 3D printers, which span from desktop to factory floor sizes, Nexa3D’s cutting-edge technology has redefined the possibilities of 3D printing production, enabling unparalleled productivity, accuracy, and material versatility. With over 1500 systems worldwide, Nexa3D’s printers have become the preferred solution for high-throughput production applications. Read More
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
