Sanjeev Singh Sahni to Succeed Randy Altschuler as CEO; Altschuler to Become Executive Chair NORTH BETHESDA, Md., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global AI-native marketplace connecting buyers and suppliers of custom manufacturing, announced that effective July 1, 2026, Co-founder and Chief Executive Officer, Randy Altschuler, will transition to become the Executive Chair of the Board. Sanjeev Singh Sahni, Xometry’s current President, will succeed Altschuler as Chief Exec ...

What happened According to a Securities and Exchange Commission (SEC) filing dated Feb. 17, 2026, Brown Capital Management sold 232,073 shares of Manhattan Associates (NASDAQ:MANH) during the fourth quarter of 2025. The estimated transaction value was $42.42 million, based on the average closing price for the period. At quarter’s end, the position’s reported value fell by $53.51 million, reflecting both the share sale and stock price movement. What else to know The sale reduced the stake to 2.67% of rep ...

Core Viewpoint - Xometry, Inc. will report its fourth quarter and full year 2025 financial results on February 24, 2026, before the market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a conference call and webcast at 8:30 a.m. ET on the same day [2] - An earnings presentation will accompany the press release and will be available on Xometry's Investor Relations website [2][3] Group 2: Company Overview - Xometry operates an AI-powered marketplace that connects buyers and suppliers in the custom manufacturing sector, aiming to digitize the manufacturing industry [4] - The company provides critical resources for manufacturers and streamlines procurement processes through real-time pricing and lead time data [4]

Core Insights - Aerospace and defense (A&D) organizations are investing in AI-driven solutions, additive manufacturing, and workforce upskilling to prepare for rapid growth in 2026 [1][2] Investment Trends - 41% of A&D leaders expect significant acceleration in 2026, surpassing general industry expectations [2] - 90% of A&D leaders consider reshoring essential for success, emphasizing domestic capacity and resilient supply chains [3] - 47% of leaders identify compliance as a primary supply chain vulnerability, highlighting the importance of adhering to standards like AS9100, ITAR, and CMMC [4] Technology Adoption - 85% of A&D leaders prioritize AI-driven solutions for enhanced pricing visibility and streamlined sourcing workflows, compared to 63% in general industry [7] - Additive manufacturing is projected to be the fastest-growing manufacturing process in 2026, driven by the need for rapid prototyping and access to advanced materials [7] Workforce Development - Nearly half (47%) of the A&D workforce is expected to be upskilled or reskilled due to increased use of AI-enabled tools [7] Company Positioning - Xometry's marketplace is ITAR-registered and CMMC Level 2-certified, providing access to AS9100D-certified facilities and comprehensive quality assurance [5]

Core Insights - Xometry, Inc. has officially extended its sponsorship of endurance driver Alexander Jacoby for the 2026 racing season, partnering with Swiss team CLX Motorsport [1][7] - Jacoby will compete in prestigious events such as the Asian Le Mans, Michelin Le Mans Cup, and European Le Mans Series, showcasing Xometry's brand in the engineering and motorsport communities [1][2] Company Overview - Xometry operates an AI-powered marketplace that connects buyers and suppliers in custom manufacturing, aiming to digitize the manufacturing industry through real-time pricing and lead time data [5] - The company provides critical resources for manufacturers to grow their business and streamlines procurement processes for buyers [5] Partnership Significance - The partnership with Jacoby reflects Xometry's commitment to excellence in manufacturing, paralleling Jacoby's disciplined execution and technical precision in racing [2][3] - Dmitry Kafidov, General Manager of Xometry Europe, emphasized the shared mindset of precision and speed between Xometry and Jacoby's racing approach [3] Racing Schedule - Jacoby's racing season includes iconic circuits globally, with highlights in the Asian Le Mans Series currently underway at the Sepang International Circuit, and future events in Dubai and Abu Dhabi [4][6]

Core Insights - Xometry, founded in 2013, is focused on creating an online marketplace platform aimed at digitizing the manufacturing industry, connecting designers, engineers, and procurement teams with over 10,000 vetted product manufacturers and service suppliers [1] Company Overview - The company specializes in various manufacturing services, including CNC machining, which is a critical component of modern manufacturing processes [1]

Core Insights - Xometry, founded in 2013, is focused on creating an online marketplace platform aimed at digitizing the manufacturing industry, connecting designers, engineers, and procurement teams with over 10,000 vetted product manufacturers and service suppliers [1] Company Overview - The company specializes in various manufacturing services, including CNC machining, which is part of its extensive offerings to facilitate connections within the manufacturing sector [1] Industry Context - The platform represents a significant shift in the manufacturing industry by leveraging digital technology to streamline the procurement process and enhance collaboration among stakeholders [1]

Core Insights - Thomas has launched Thomas Smart Search and Performance-Based Listings to enhance the sourcing experience for industrial buyers and suppliers [1][4]. Group 1: Thomas Smart Search - Thomas Smart Search allows buyers to conduct complex searches in their own words, improving the relevance of supplier matches [2][3]. - The new search functionality has resulted in over a 15% increase in supplier evaluations compared to the previous system [3]. Group 2: Performance-Based Listings - Performance-Based Listings enable suppliers to set budgets and only pay for interactions with potential buyers, optimizing advertising spend [4]. - Advertisers can target specific geographic and capability markets, enhancing the effectiveness of their campaigns [4]. Group 3: Platform Enhancements - The integration of DataDome enhances traffic quality by identifying human and non-human interactions quickly, ensuring a secure and seamless experience for users [4]. - The platform offers over 80,000 industry-focused categories for advertisers to choose from, allowing for customized ad budgeting and performance tracking [6].

Core Insights - Xometry, Inc. has announced several platform enhancements aimed at supporting engineers and procurement professionals in adapting to the rapid evolution of materials and manufacturing processes [1] Expanded High-Performance Materials - Xometry has expanded its additive manufacturing capabilities by introducing eight new materials for Fused Deposition Modeling (FDM) and Stereolithography (SLA) technologies, which are essential for advanced applications in aerospace, defense, medical devices, and automotive industries [3] - The new materials in the FDM catalog include PETG, Nylon 6 CF, Stratasys Antero 800NA, Antero 840CN03, PAEK VICTREX AM 200, ULTEM 1010 CG, and ABS-CF10, while the SLA offerings now feature Accura SL 5530, designed for high-temperature resistance [3] Enhanced Flexibility in Manufacturing Selection - Xometry is enabling buyers to choose how and where their parts are manufactured, reflecting the need for flexibility in global logistics [4] Recent Updates and Features - The latest updates build on previous enhancements, including the launch of Instant Quoting for Injection Molding in the U.S. and the global expansion of the Teamspace collaboration suite, reinforcing Xometry's role in supporting resilient supply chains [5] - A "Preferred Subprocess" feature has been launched to allow CNC customers to specify exact machining approaches while benefiting from instant pricing and lead times [9] - New "looser" tolerance options have been introduced, allowing for an average price reduction of 5% on applicable parts, facilitating easier scaling of production [9] - Xometry achieved CMMC Level 2 certification in early 2025, enhancing its support for aerospace and defense customers with stringent security requirements [9] - Upcoming features will expand sourcing controls, allowing buyers to designate permitted and restricted production regions based on compliance, risk, and cost considerations [9]

Core Insights - A significant trend is emerging where approximately 80% of US companies are expected to bring manufacturing back to the US, indicating a shift towards reshoring and nearshoring practices [1][3] - The concept of "Made in America" is evolving into "Made to Win," suggesting that companies that do not rebuild domestic manufacturing capacity may lose market share [2][3] Manufacturing Outlook - 29% of CEOs have already brought back work to the US, with a larger percentage planning to do so, highlighting a competitive advantage for those who reshore [3] - The return of manufacturing is not solely dependent on Federal Reserve rate cuts; factors such as AI advancements and national security concerns are also driving this trend [5][7] AI and Automation - By 2026, AI is expected to reshape the manufacturing workforce, transitioning from pilot projects to integral operations, which will enhance productivity and favor localized manufacturing [6] - The integration of AI in manufacturing is anticipated to create more automation, further supporting the trend of bringing work back to the US [6] National Security Concerns - Manufacturing is increasingly viewed as a national security issue, with bipartisan support for ensuring domestic capabilities in critical industries [7] - This perspective is consistent across different administrations, emphasizing the importance of self-sufficiency in manufacturing [7] Supply Chain Strategies - Companies are diversifying their global supply chains, moving away from reliance on a single country to ensure resilience against various risks [10][12] - The focus is on establishing operations in multiple locations to maintain supply chain integrity regardless of political or economic changes [10][12] Workforce Dynamics - The narrative around blue-collar jobs is shifting, with high-tech manufacturing roles becoming more attractive to younger generations, particularly in the context of AI integration [13][14] - These high-paying, high-demand jobs are critical for national security and are expected to draw interest from Gen Z workers [14]