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Share Name | Share Symbol | Market | Type |
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3D Systems Corporation | NYSE:DDD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.43 | 3.5002 | 3.38 | 3.42 | 743,593 | 01:00:00 |
3D Systems (NYSE:DDD) announced today a partnership with Pennsylvania State University to support operations in the Center for Innovative Materials Processing through Direct Digital Deposition (CIMP-3D). This center serves as the official Additive Manufacturing Demonstration Facility for the U.S. Defense Advanced Research Projects Agency (DARPA) and is a major component of a Department of Defense University Affiliated Research Center and strategic facility for the aerospace and defense sector.
This lab includes direct metal printing experts from Penn State and 3DS conducting research together on 3DS' state-of-the-art ProXTM Direct Metal Printing (DMP) technology. The collaboration has three basic goals: to develop cutting-edge, high-resolution DMP technology; to enable government agencies (including DARPA and the Navy) to sponsor projects that qualify DMP for defense companies' adoption; and to provide training in 3DS' DMP technology within the U.S. defense/aerospace workforce.
"The CIMP-3D is a great national institution and we are honored to be working with Penn State to advance American innovation and national security through direct metal printing technology," said Neal Orringer, 3D Systems' Vice President of Alliances and Partnerships. "We are eager to welcome aerospace and defense companies at every tier of the supply chain, as well as key defense labs, to join us as we revolutionize manufacturing."
"We are extremely excited by the prospect of establishing true collaboration with a leading U.S. 3D printing technology provider," said Dr. Richard Martukanitz, Director of the Center for Innovative Materials Processing through Direct Digital Deposition. "Fostered by the joint technical resources of 3D Systems and CIMP-3D, our goal is to develop and provide enablers for the adoption of additive manufacturing for critical applications to the DoD and U.S. industry."
3DS and Penn State researchers are working on-site on several Government-funded projects, including:
Today, the center is playing a multifaceted role in advancing 3D printing technology, with an expansive commercial R&D portfolio as well as a range of undergraduate and graduate education programs.
On October 7 – 8 the center will host the Technology Exchange on Coordination of U.S. Standards Development for Additive Manufacturing to initiate dialogue for development and coordination of additive manufacturing standards. In advance of the conference, on October 6, 3DS and Penn State will host a Government Users Group, inviting DoD Direct Metal Printing users to a special forum to discuss additive manufacturing in metals and tour the CIMP-3D facility.
Additionally, CIMP-3D regularly hosts industry practicums and technology exchanges, working in close collaboration with numerous government organizations and standards bodies including the ASTM F42 Subcommittee, American Welding Society C7 and D20 Committees, Metallic Materials Properties Development and Standardization, Department of Defense JDMTP, and ASME Design, Materials, and Manufacturing Segment.
Learn more about 3DS' commitment to manufacturing the future today at www.3dsystems.com.
About CIMP-3D at Penn State
The Pennsylvania State University operates the Center for Innovative Materials Processing through Direct Digital Deposition (CIMP-3D), a University-wide activity that encompasses a broad range of disciplines and capabilities in additive manufacturing (AM) technologies. The Center encompasses 35 faculty across four colleges and three research institutes of the University, as well as a state-of-the-art additive manufacturing laboratory for polymeric, metallic, and ceramic materials.
The goal of CIMP-3D is to develop and nurture a world-class resource for AM for critical applications. In addressing this mission, CIMP-3D seeks to:
Additional information on the Center for Innovative Materials processing through Direct Digital Deposition (CIMP-3D) may be found at www.cimp3d.org.
About 3D Systems
3D Systems provides the most advanced and comprehensive 3D digital design and fabrication solutions available today, including 3D printers, print materials and cloud-sourced custom parts. Its powerful ecosystem transforms entire industries by empowering professionals and consumers everywhere to bring their ideas to life using its vast material selection, including plastics, metals, ceramics and edibles. 3DS' leading personalized medicine capabilities include end-to-end simulation, training and planning, and printing of surgical instruments and devices for personalized surgery and patient specific medical and dental devices. Its democratized 3D digital design, fabrication and inspection products provide seamless interoperability and incorporate the latest immersive computing technologies. 3DS' products and services disrupt traditional methods, deliver improved results and empower its customers to manufacture the future now.
Leadership through Innovation and Technology
Today its comprehensive range of 3D printers is the industry's benchmark for production-grade manufacturing in aerospace, automotive, patient specific medical device and a variety of consumer, electronic and fashion accessories.
More information on the company is available at www.3dsystems.com.
CONTACT: Investor Contact: Stacey Witten Email: investor.relations@3dsystems.com Media Contact: Wendy Pinckney Email: Press@3dsystems.com
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