News Commentary | March 02, 2021
This SPAC deal, which values Markforged at $2.1 billion, puts the company on the same level as Desktop Metal again. The latter filed an IPO via SPAC in December last year, valued at $2.5 billion. As we recently wrote, 2020 witnessed a SPAC craze, which apparently has continued into 2021. While there... Not part of subscription
News Commentary | April 14, 2021
Velo3D has made strong progress in new product launch and business development in the past 12 months. It joins a surge of 3D printing startups going public through merging with a special purpose acquisition company (SPAC), alongside Desktop Metal, Markforged, and Rocket Lab. SPACs may make corporate... Not part of subscription
News Commentary | July 13, 2021
Desktop Metal (DM) announced the Aerosint acquisition shortly after acquiring EnvisionTEC, Adaptive3D, and Forust. Lux Research has expected this move from DM, as it has been aggressively expanding its product portfolio. It continues to burn all its SPAC funding on acquisitions rather than focusing ... Not part of subscription
by Xiao Zhong
With the IPOs of Desktop Metal, Markforged, Shapeways, Rocket Labs, Velo3D, Rokit, Massvit 3D, and MeaTech 3D, SPAC seems to have become the new norm in the 3DP space. As we said before, the SPAC craze creates much noise in the market, and not all of these companies should go public – some do so simply because they can't raise enough money from private investors. Formlabs, which has consistently rolled out new products with more than $100 million annual revenue, has proven again that its sustainable business model is appreciated by private investors. Clients should expect more product updates from the company, but an IPO is not on the horizon, though Carbon may go public this year.
For the original news article, click here .