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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fast Radius Inc | NASDAQ:FSRD | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.14 | 0.135 | 0.1351 | 0 | 01:00:00 |
Key insights from the report include the following:
These results demonstrate the need to improve upon existing models for product development, production, and fulfillment. While other industries have used technology to fuel process improvements, the manufacturing industry has been left behind with communication, quality, and transparency problems that make new product development and part production more expensive and time consuming. With a variety of problems stemming from decentralized analog processes, the solution is clear: cloud manufacturing.
“As consumers, we’ve come to expect two-day shipping, updates about every movement our packages make, and instant customer service when something goes wrong. It’s time for the manufacturing industry to catch up,” said John Nanry, Co-Founder and Chief Manufacturing Officer at Fast Radius. “Cloud manufacturing is setting a new standard for how we make and move parts around the world in a faster, sustainable, and transparent way.”
Fast Radius’ Cloud Manufacturing Platform™, an end-to-end digital solution that integrates design, manufacturing, and fulfillment through software, presents an alternative that maintains the speed and efficiency engineers and procurement professionals crave along with the improved reliability, visibility, and flexibility that JIT failed to provide.
Access the full report, The Case for Cloud: Charting the Future of Custom Manufacturing, for a more in-depth look at the findings.
ABOUT FAST RADIUSFast Radius, Inc. is a leading cloud manufacturing and digital supply chain company. The Cloud Manufacturing Platform™ from Fast Radius is a first-of-its-kind solution that integrates design, production, and fulfillment operations through a common digital infrastructure to make manufacturing easier, more accessible, and more sustainable. Founded in 2017, Fast Radius, Inc. is headquartered in Chicago with offices in Atlanta, Louisville, and Singapore and micro-factories in Chicago and at the UPS Worldport facility in Louisville, KY. To learn more about Fast Radius and how its digital manufacturing capabilities are helping manufacturers, please visit www.fastradius.com or connect with us on LinkedIn at www.linkedin.com/company/fastradius or Twitter @fastradius.
CONTACTKelly SmithMSL U.S.Kelly.smith@mslgroup.com; 646-500-7654
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