Tag Archives: 3D printing

Report: Aircraft Demand, UAV Adoption to Drive Aerospace 3D Printing Market’s Growth Through 2027

3D printing

A new Research and Markets forecast says increasing demand for new aircraft and use of unmanned aerial vehicles worldwide will be among the factors that will drive 3D printing growth in the aerospace sector over the next seven years. The global market for aerospace 3D printers reached a value of $1.12B last year and is projected to experience a 25.3 percent compound annual growth rate to hit $6.81B by 2027.

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3D-Printed Rocket Maker Relativity Secures $500M in Series D Funds; Tim Ellis Quoted

Relativity Space

Los Angeles-based Relativity Space has raised $500M in a round of Series D financing led by Tiger Global Management and will use the funds to advance the development of its launch vehicle, 3D printing technologies and other programs. “We are on track to launch our first Terran 1 rocket to orbit next year with existing capital on our balance sheet," said Tim Ellis, co-founder and CEO of Relativity Space.

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3D Systems to Back VHA’s Health Care Additive Manufacturing Effort

3D Systems

The Veterans Health Administration has tasked 3D Systems to help the government stand up additive manufacturing facilities at hospitals, where personnel would produce 3D-printed medical equipment. The company said Thursday it will deliver ProX SLS 6100 3D printers and related materials to establish the planned facilities and a corresponding quality management system for VHA.

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