Object, the hottest Israeli 3D printer manufacture

2022-08-16
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Israeli 3D printer manufacturer object plans to go public

according to media reports, Israeli 3D printing system provider objet has recently submitted a listing application to the SEC (securitiesandexchangecommission) and plans to raise more than 75Million US dollars

objet printer uses exclusive inkjet technology, resin consumables and integrated software to directly create 3D images from computer data. At present, objet has more than 2800 customers all over the world, covering a wide range of industries, including not only automobile manufacturing (Volkswagen), black Decker, medicine (Boston Scientific), toys (Hasbro) and sports equipment (Adidas) that plays a decisive role in the measurement of tension accuracy

according to statistics, objet's revenue in 2011 was $121 million, with a turnover increase of 38%; The net profit reached US $15million, with a profit increase of 42%. Although the revenue per unit fell by about 15%, the sales volume of 3D printers increased by 63%. In addition, objet has 40% of its revenue from resin design and 13% of its revenue from services

in February this year, object just reached a cooperation agreement with the well-known domestic channel digital China to determine the method of Jinan testing machine, and jointly expand the domestic rapid prototyping polyurethane 3D printing field

objet was founded in Israel in 1998 and plans to be listed on NASDAQ and traded under the code objt. According to sources, JPMorgan Chase and Goldman Sachs are the lead underwriters of this transaction

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