3DPrint.com June 5, 2024
Michael Molitch-Hou

On Tuesday, June 4, 2024, additive manufacturing (AM) pioneer 3D Systems (NYSE: DDD) announced a new dental multi-year purchase agreement through 2028 worth approximately $250 million—the largest contract in its history. This, along with other related news, sent the company’s stock up 18.5 percent in Tuesday’s after-hours trade.

The contract is meant to support indirect manufacturing process for clear aligners, a key application reliant on 3D Systems’ large format stereolithography (SLA) machines. Supporting Align Technologies for the past 25 years as a critical partner, the company has helped to establish the clear aligner market. By 3D printing thermoforming molds, Align is able to produce one million patient-specific aligners daily.

Last year, Align acquired Cubicure, a startup that develops unique materials...

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Topics: 3D Printing, Investments, Technology, Trends
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