“We are very excited to bring together two complementary additive manufacturing disruptors that are united in their pursuit of breaking speed, performance and productivity barriers in additive manufacturing,” said Avi Reichental, Co-founder, Chairman and CEO of Nexa3D. “We believe that the perfect strategic fit between our businesses and products, combined with the expanded capabilities in product development, channel coverage, manufacturing and marketing, will result in significant revenue and accretive growth potential. Given the resounding validation that the 3D printing industry has received during the course of the global community’s response to the Covid-19 pandemic, this is the right time for us to take this decisive step to realize the combined potential that this acquisition presents for the benefit of our expanding customer base, partners and stakeholders,” continued Reichental.

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