The acquisition adds a full range of supply chain-approved powder fusion plastics to Nexa3D’s product line, which effectively doubles its addressable market to more than $10 billion and elevates its advantages over traditional manufacturing
FREMONT, CA: Nexa3D, the Ventura, California-based maker of ultra-fast stereolithography production 3D printers, completed the acquisition of all of the outstanding shares of NXT Factory, a maker of Quantum Laser Sintering (QLS™) 3D printers for mass production. The amount of the deal has not been disclosed.
The transaction is anticipated to be completed as soon as practicable, subject to customary and deal-specific closing conditions being met.
The combination of these two complementary high-speed technologies brings together a portfolio of production-grade thermoplastic materials and photoplastic and positions Nexa3D for faster growth in the dynamic additive manufacturing space. The acquisition adds a full range of supply chain-approved powder fusion plastics to Nexa3D’s product line, which effectively doubles its addressable market to more than $10 billion and elevates its advantages over traditional manufacturing.
Led by Avi Reichental, Co-founder, Chairman and CEO, and Izhar Medalsy, COO, Nexa3D makes ultrafast industrial-grade stereolithography 3D printers and high-performance polymers affordable for professionals as well as businesses of all sizes. The company’s printers are powered by proprietary Lubricant Sublayer Photo-curing (LSPc) technology and patented structured light matrix able to reach top speeds and industrial productivity, which reduces 3D printing cycles of precision functional parts from hours to minutes.
Led by Kuba Graczyk, Co-founder and CEO, and Tomasz Cieszynski, Co-founder and CTO, NXT Factory builds ultrafast selective laser sintering production systems that manufacture thermoplastics for a mass production application. The company’s printers are powered by proprietary Quantum Laser Sintering (QLS™) technology that provides functional, durable parts for automotive, aerospace, automotive, durable goods defense, and prototyping applications at injection molding quality and scale.