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Aerospace & Defense Leaders Prioritize AI-Enabled Sourcing to Strengthen Domestic Supply Chains and Support Program Growth
Globenewswire· 2026-02-03 14:05
Survey data from Xometry shows A&D organizations are investing in AI-driven solutions, additive manufacturing and workforce upskilling to accelerate programs in 2026NORTH BETHESDA, Md., Feb. 03, 2026 (GLOBE NEWSWIRE) -- As aerospace and defense (A&D) programs accelerate and production demands increase, organizations across the defense industrial base are preparing for a period of rapid growth. To prepare, A&D leaders are investing in new capabilities to support speed, scale, and resilience, according to a n ...
Xometry Sponsors Endurance Driver Alexander Jacoby Across Key Circuits in Europe, the UK, and Asia for 2026
Globenewswire· 2026-01-29 14:05
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]
Xometry: Scaling The AI Operating System For Manufacturing (NASDAQ:XMTR)
Seeking Alpha· 2026-01-20 16:56
Founded in 2013, Xometry ( XMTR ) is a company developing an online marketplace platform to digitize the manufacturing industry, where it connects designers, engineers, or procurement teams with over 10,000 vetted product manufacturers or suppliers of various services, such as CNCAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses m ...
Xometry: Scaling The AI Operating System For Manufacturing
Seeking Alpha· 2026-01-20 16:56
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]
Thomas Launches New Platform Tools Helping Industrial Buyers Source the Right Suppliers
Globenewswire· 2026-01-15 14:05
Newly released Thomas Smart Search and Performance-Based Ad Listings power seamless sourcing and supplier promotion experiences Thomas Smart Search Learn more at Thomasnet.com NORTH BETHESDA, Md., Jan. 15, 2026 (GLOBE NEWSWIRE) -- Thomas, a leading digital platform connecting industrial buyers with more than 500,000 suppliers, announced the rollout of Thomas Smart Search, a powerful new tool that enables buyers to run complex, multi-capability searches and identify more relevant suppliers for their need ...
Xometry Marketplace Accelerates Solutions for Complex Manufacturing Demands in 2026
Globenewswire· 2026-01-08 14:05
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]
AI and reshoring reshape manufacturing in 2026, Randy Altschuler of Xometry
Youtube· 2025-12-30 12:18
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]
Xometry (NasdaqGS:XMTR) 2025 Conference Transcript
2025-11-19 20:42
Summary of Xometry Conference Call Company Overview - **Company**: Xometry (NasdaqGS: XMTR) - **Industry**: Custom Manufacturing Marketplace - **Business Model**: AI-powered marketplace connecting buyers and suppliers in a fragmented industry Key Points and Arguments Marketplace Dynamics - Xometry operates an AI-powered marketplace for custom manufacturing, addressing a historically offline and fragmented industry with hundreds of thousands of small manufacturers and millions of buyers [2][3] - The platform provides buyers with instant pricing, visibility into manufacturing options, and resilient supply chains, significantly reducing the time to obtain quotes from days or weeks to seconds [3][4] - Suppliers can join the marketplace at no cost, gaining access to a broader customer base without the burden of sales and marketing [5] Growth and Market Trends - Despite macroeconomic headwinds, Xometry has experienced accelerated growth, gaining market share by offering better value propositions compared to traditional methods [9][10] - The enterprise segment has shown significant traction, with a focus on integrating with customers' procurement platforms and enhancing the sales strategy to target larger accounts [13][15][19] - In 2024, Xometry reported 1,700 accounts with over $50,000 spent, up from 100 accounts with over $500,000 spent the previous year, indicating strong growth in enterprise customers [16] Financial Performance - Xometry expects marketplace growth of 27-28% for the full year 2025, driven by success across all segments and product initiatives [23][26] - The company achieved a gross profit margin of 35.7%, with gross profit dollars growing 40% year-over-year, and an adjusted EBITDA margin of 21% year-to-date [36] International Expansion - Xometry's international business has grown from $3 million in 2020 to a $120 million run rate, outpacing U.S. growth [40][42] - The company aims for 30-40% of marketplace revenue to come from international markets, leveraging technology developed in the U.S. for global expansion [39][40] Product Innovation and Customer Experience - Xometry has invested in product innovation, including the launch of the Work Center Mobile app to enhance supplier communication and job visibility [31][34] - The company is focused on personalizing the customer experience through data science and machine learning, aiming to become the preferred marketplace for customized parts [30][31] Advertising and Cross-Pollination Opportunities - The acquisition of ThomasNet presents a unique opportunity for advertising and cross-pollination within the Xometry ecosystem, enhancing the customer experience and supplier visibility [49][51] Future Outlook - Xometry envisions becoming a $100 billion-plus company, positioning itself as the leader in custom manufacturing by leveraging data, networks, and product innovation [68] Additional Important Insights - The company emphasizes the importance of balancing growth and profitability, with a focus on disciplined capital expenditure and operational efficiency [36][38] - Xometry's marketplace model allows for flexible sourcing across global suppliers, which is particularly advantageous in the context of tariffs and supply chain disruptions [47][48]
Xometry Recognized as One of North America's Fastest-Growing Companies on the 2025 Deloitte Technology Fast 500™ List
Globenewswire· 2025-11-19 14:05
Core Insights - Xometry, Inc. has been recognized on the Deloitte Technology Fast 500 list for the sixth consecutive year, highlighting its status as one of the fastest-growing technology companies in North America [1][4]. Company Performance - Xometry achieved a remarkable 150% revenue growth from 2021 to 2024, driven by its AI-powered marketplace, an expanding network of buyers and suppliers, and strong enterprise engagement [2][3]. - The company is on track to generate $1 billion in revenue for small- and medium-sized U.S. manufacturers through its marketplace during the same period [2]. Industry Recognition - The Deloitte Technology Fast 500 ranks companies based on their percentage of fiscal year revenue growth, emphasizing the importance of proprietary technology and intellectual property in driving revenue [4][5]. - To qualify for the Fast 500, companies must have a minimum of $50,000 in base-year operating revenues and at least $5 million in current-year operating revenues, with a growth rate of 50% or greater [5]. Company Overview - Xometry's AI-powered marketplace and cloud-based services are transforming the manufacturing industry by providing essential resources for manufacturers and streamlining procurement processes for buyers [6].
Xometry, Inc. 2025 Q3 - Results - Earnings Call Presentation (NASDAQ:XMTR) 2025-11-14
Seeking Alpha· 2025-11-14 23:12
Group 1 - The article does not provide any specific content related to a company or industry [1]