Metal AM Spring 2021 by Inovar Communications

Industry News

Materialise acquires option to purchase Link3D Materialise, headquartered in Leuven, Belgium, has acquired an option to purchase Link3D Inc., an additive workflow and manufacturing execution systems (MES) company headquartered in Boulder, Colorado, USA. The acquisition will allow Materialise to accelerate its roadmap to offer cloud-based access to its integrated software platform. It also is expected to broaden the company’s industrial customer base across North America, Europe and Asia-Pacific, offering Link3D customers a seamless connection to the Materialise Magics 3D Print Suite. Materialise expects to exercise the option before the end of 2021. “By joining forces with Link3D, we expect to be even better positioned to provide our customers with a solution to plan, manage and optimise their AM operations,” stated Fried Vancraen, CEO of Materialise. “This agreement exploits the synergy between the two companies and will help us to remove some of the complexity associated with scaling 3D printing as part of a connected, industrial manufacturing process.” Link3D offers additive MES workflow software to help companies scale their digital manufacturing operations across complex supply chains and IT environments. Its MES and workflow solutions help bolster

the overall adoption of AM for series production in major manufacturing industries, including aerospace, automotive, consumer, medical and energy. Additive Manufacturing continues to transform the factory floor as companies increasingly turn to AM for large-scale production. However, as these companies scale their AM processes and integrate these operations with existing production infrastructures, they are confronted with increasingly diverse, complex and distributed manufacturing environments. Materialise and Link3D both offer MES solutions that help these organisations gain control over their manufacturing floor. “At Link3D, it has always been our mission to help companies unlock the full potential of AM into their existing supply chains,” commented Shane Fox, Link3D CEO. Vishal Singh, Link3D’s co-founder and CTO, added, “By teaming up with Materialise, a global pioneer of the 3D printing industry, we expect to be able to offer our combined user base access to a robust and comprehensive manufacturing suite of solutions, enabling them to take Additive Manufacturing to the next level.” www.materialise.com www.link3d.co

Materialise has acquired an option to purchase Link3D (Courtesy Materialise)

Metal Additive Manufacturing | Spring 2021

PyroGenesis Canada applies for NASDAQ listing PyroGenesis Canada Inc., Montreal, Quebec, Canada, a developer and manufacturer of plasma atomised metal powders and a supplier of plasma-based metal powder production technology, has submitted an application to list its common shares on the NASDAQ Stock Exchange. The company will reportedly continue to maintain the listing of its shares on the Toronto Stock Exchange (TSX), and would trade on both exchanges under the ticker symbol ‘PYR’. The listing of PyroGenesis’ shares on the NASDAQ remains subject to the stock exchange’s approval and the satisfaction of all applicable listing and regulatory requirements. Based on its typical review process, this usually takes 6–8 weeks, PyroGenesis expects that its shares will be listed before the end of Q1 2021. According to the company, there will be no concurrent financing associated with this listing nor a reverse stock split. PyroGenesis has engaged Nelson Mullins Riley & Scarborough LLP as its US legal counsel to process the listing and, in connection with its application, the company states that it will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC). “We believe the company is entering a heightened growth phase and the timing could not be better for uplisting our shares to NASDAQ,” stated P Peter Pascali, CEO & chair of PyroGenesis. “We expect that the move to NASDAQ will increase awareness of PyroGenesis and its offerings, both within the financial community and amongst potential clients.” “We believe this listing will also enhance trading liquidity by broadening our appeal to a larger shareholder base, in the US and internationally, as we execute our business plan and drive long-term shareholder value,” he concluded. www.pyrogenesis.com

Vol. 7 No. 1