Solideon wants to decentralize rocket manufacturing through 3D printing [TechCrunch]
3D Systems Corporation (DDD)
Last 3d systems corporation earnings: 2/26 04:01 pm
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Source: TechCrunch
Specialty industries like space travel were particularly hard hit, given the impossibility of heading down to the corner to pick up spare rocket parts. Industries began taking a long, hard look at 3D printing as a solution to such woes. What additive manufacturing lacks in scale, it makes up for both in terms of creating specialty parts and decentralizing a manufacturing industry that is highly concentrated in a handful of locations across the globe. Solideon co-founder and CEO Oluseun Taiwo saw firsthand the havoc such global events can wreak on the space industry. He was employed as a propulsion engineer in the additive manufacturing division of Virgin Orbit in May 2020, when the company failed to launch its LauncherOne rocket. Virgin Orbit's journey ended in May 2023. “What I saw at that time was, if we had a localized way to manufacturer and didn't have to rely on the global supply chain during a global pandemic, the company would have done better,” Taiwo tells TechCrunch. “
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News
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DDD
Earnings
- 8/29/24 - Miss
DDD
Sec Filings
- 11/22/24 - Form 8-K
- 11/13/24 - Form NT
- 11/13/24 - Form 8-K
- DDD's page on the SEC website