Headquartered in Telford, UK, Protolabs provides injection molding, CNC machining and3D printingServe. In the latter case, the company’s offering relies on its combination of SLA, SLS, MJF, PolyJet and metal machines, and continues to seek new additions and applications to these technologies.
For example, in May 2021, Protolabs’ oil and gas3D printingThe service was certified by DNV GL before highlighting its potential in the field in the September ‘Decision Time’ survey, which also showed that 83% of companies involved were considering adopting this technology service to reduce the need for offshore spare parts. delivery time.
In Protolabs’ third-quarter financials, its subsidiaries actually brought in $9 million, allowing it to generate $125 million in Q3 2021, up from the 1.08 reported in Q3 2020 million dollars more than 17%. As a result, Hubs’ top line continues to drive Protolabs’ top line, although Bodor has previously attributed the launch of its upgraded CNC machining and injection molding products to its recent growth as well.
Protolabs Expansion Positive Value3D printingWhile the field is fiercely contested by some well-capitalized service providers, they all want a piece of the same designer/manufacturer space. One such company is Xometry, which raised about $302 million in an IPO earlier this year. The company has gone from strength to strength since going public, reporting 26,000 active users in the third quarter.
In other places,
3D Systems
It has opted to exit the parts supplier space entirely, selling its on-demand manufacturing unit in September 2021.After being acquired by Trilantic North America for $82 million, the facilities are now operating under the gradually revived Quickparts brand and continue to operate through its 150 SLA, SLS and
FDM
3D printingMachine provides services.
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