Something really cool is happening in Washington Heights—like, a thousand times cooler than that random MTV reality show from last year.
Military veteran Jerry Castanos—who spent eight years in Afghanistan and eleven years, total, overseas—recently opened a 3D printing store in the Washington Heights neighborhood of Upper Manhattan, where he grew up. The store, aptly named 3D Heights, is located on Broadway between 172nd and 173rd Streets, and is run by military veterans and local community members. Read More
Hey, have you guys heard of this cool new thing called 3D printing? It’s pretty neat! That’s the word from the analysts at Gartner, who’ve just released a report predicting a boom in sales.
In the firm’s first report on the 3D printers cheaper than $100K (so, enterprise and consumer, but not industrial-grade), Gartner predicts the market will grow 49 percent this year, predicting a weirdly precise sales figure of 56,507 units; hit 98,065 in 2014; and follow that with a “near doubling of unit shipments in 2015.” Read More
In news that may not make sense to people who are not rocket scientists, NASA has recently awarded Tethers Unlimited $500,000 to develop a robotic 3D printer that would build huge structures while in orbit, Gigaom reports.
The SpiderFab printer and assembly system would be able to throw together structures more than half a mile wide, Gigaom says. NASA would densely pack materials into existing spacecraft so that the SpiderFab could assemble it into “extremely large structures that are optimized for the space environment,” Tethers Unlimited CEO Rob Hoyt is quoted as saying. Read More
“This is a dream come true for an entrepreneur,” gushed MakerBot CEO Bre Pettis at this morning’s press conference announcing his company’s acquisition by Stratasys. “It’s an exciting new day for us.”
But much of the brief event was devoted to reassuring everyone that the quirky Brooklyn startup won’t change, even though it’s now a subsidiary of a massive, publicly traded company.
“MakerBot is MakerBot is MakerBot,” Mr. Pettis promised, after waxing nostalgic about the days when the company was so strapped for space that they once rented a Brooklyn apartment and started shoving in desks.”We’re a special place.” Read More
First Tumblr, and now comes another sizable New York City exit. Turns out the whimsical MakerBot won’t be raising a round, after all, because the desktop 3D-printing startup is being acquired by publicly traded behemoth Stratasys, for $403 million in stock. (Of course, that’s just the initial value, based on today’s $84.60 closing price for shares of Stratasys stock.) Stakeholders qualify for additional performance-based earnouts, with an initial total value of $201 million. Read More