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Stock impact report

Shapeways Announces Expansion into Global CNC Market [Yahoo! Finance]

Shapeways Holdings, Inc. (SHPW) 
Company Research Source: Yahoo! Finance
in the digital manufacturing industry, announced today its further expansion into the USD $67.5B global CNC market, with the launch of its new CNC Instant Quote feature. This online quoting portal will provide seamless access for CNC customers and enhance Shapeways' robust suite of enterprise manufacturing solutions. “CNC machining is a natural extension of our manufacturing capabilities,” said Aidan O'Sullivan, General Manager of Enterprise Manufacturing Solutions at Shapeways. “In addition to our extensive in-house additive and traditional production, we've established a world-class, distributed fulfillment model to support our customers' needs.” With the launch of CNC Instant Quote, Shapeways customers can access a wide range of metal and plastic materials, like aluminum and ABS, and significant capacity—with over 50 high-precision machines ready to support prototype and production orders. Computer Numerical Control (CNC) machining is lauded for its precision, efficiency, and Show less Read more
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