A new 3D printing company is set to hit the Frankfurt Stock Exchange via a SPAC.
What’s happening:
- German based 3D printing company BigRep has entered into a deal with SPAC SMG Technology Acceleration SE to go public on the Frankfurt Stock Exchange
- BigRep is aiming to disrupt what’s currently possible with 3D printing through their purpose built printers and customized software
Going deeper:
- BigRep’s 3D printers are capable of printing everything from vehicles, to robotics, to furniture
- Some of the notable investors who have backed BigRep include BASF, who is the world’s largest chemical producer
- BigRep recently acquired Austrian based additive manufacturing company HAGE3D to expand the capabilities of their 3D printing hardware globally
By the numbers:
- BigRep has installed over 1,000 large format printers since inception
The intrigue:
- Global office furniture brand Steelcase currently uses BigRep’s 3D printers to accelerate their prototyping of new designs
