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SecureTech Innovations Appoints Brian Zucker, CPA, to Board of Directors and Audit Committee
Globenewswire· 2026-03-31 12:30
Core Viewpoint - SecureTech Innovations, Inc. has nominated Brian Zucker as an Independent Director and member of the Audit Committee, enhancing its corporate governance as it prepares to list on the NASDAQ Capital Market [1][2]. Company Overview - SecureTech Innovations, Inc. is a diversified technology holding company focused on artificial intelligence, industrial 3D printing, and blockchain-based digital infrastructure [1][7]. - The company's subsidiaries include AI UltraProd, Piranha Blockchain, and Top Kontrol, which specialize in AI-driven manufacturing, Web3 security, and vehicle security technologies respectively [7]. Appointment of Brian Zucker - Brian Zucker brings over 30 years of experience in accounting, financial operations, and regulatory compliance within the securities industry [3]. - Zucker has held senior positions at various public companies and is a Certified Public Accountant with multiple FINRA licenses [4]. - His appointment is part of SecureTech's initiative to build a qualified and independent Board to support its growth [6]. Leadership Perspective - J. Scott Sitra, President and CEO of SecureTech, expressed confidence in Zucker's experience and its alignment with the company's goals for technology advancement and governance [5]. - Zucker stated his commitment to supporting strong financial controls and governance practices that benefit shareholders [6].
Materialise to Transfer RapidFit Business to Its Management Team
Globenewswire· 2026-03-31 06:30
Core Viewpoint - Materialise NV is transferring its RapidFit business to its management team, allowing RapidFit to operate as an independent company, which aligns with Materialise's growth strategy to focus on high-potential business lines [1][2]. Group 1: Business Strategy - The decision to make RapidFit an independent entity is intended to provide greater focus and flexibility, enabling the business to make customer-centric decisions and pursue growth opportunities [3]. - Materialise aims to concentrate its investments and resources on areas with the strongest growth potential, which supports its overall strategic direction [2]. Group 2: RapidFit Overview - RapidFit specializes in delivering custom 3D-printed jigs, fixtures, and quality control solutions, primarily serving the automotive and manufacturing sectors [4]. - The company utilizes advanced additive manufacturing technologies to create precise and lightweight tooling solutions that enhance production efficiency and support quality assurance processes [4]. Group 3: Transaction Details - The transaction is expected to close on or around April 30, 2026, and will not impact existing customer orders or ongoing projects [5]. - Financial terms of the transaction have not been disclosed [5].
Materialise to Transfer RapidFit Business to Its Management Team
Globenewswire· 2026-03-31 06:30
Core Viewpoint - Materialise NV is transferring its RapidFit business to its management team, allowing RapidFit to operate as an independent company, which aligns with Materialise's growth strategy to focus on business lines with the strongest potential [1][2]. Group 1: Transaction Details - The transaction will enable RapidFit to operate independently, providing greater focus and flexibility to make decisions closer to its customers and markets [3]. - The transaction is expected to close on or around April 30, 2026, and will not impact existing customer orders or ongoing projects [5]. Group 2: RapidFit Business Overview - RapidFit specializes in delivering custom 3D-printed jigs, fixtures, and quality control solutions primarily for the automotive and manufacturing industries [4]. - The company leverages advanced additive manufacturing technologies to provide precise and lightweight tooling solutions that enhance production efficiency and support quality assurance processes [4]. Group 3: Materialise Overview - Materialise has over three decades of experience in 3D printing, offering a range of software solutions and services that promote sustainable 3D printing applications across various industries [6]. - The company is headquartered in Belgium and operates one of the largest and most complete 3D printing facilities globally, combining a significant group of software developers in the industry [6].
Stratasys Selected for Multi-million Dollar U.S. Department of War Additive Manufacturing Program
Businesswire· 2026-03-30 12:15
Core Insights - Stratasys Direct has been selected for the U.S. Department of War's Joint Additive Manufacturing Acceptability (JAMA) IV Pilot Parts Program, a multimillion-dollar initiative aimed at accelerating the qualification and deployment of 3D-printed parts in military applications [2][3] - The U.S. defense additive manufacturing funding has surged to $3.3 billion in fiscal year 2026, reflecting an 83% increase compared to fiscal year 2025, driven by the growing demand for accuracy, scalability, and resilience in defense operations [4] - Stratasys has demonstrated significant operational benefits in military programs, such as the U.S. Air Force's use of Stratasys technology to produce components that save an estimated $14 million annually in fuel costs [5][6] Company Overview - Stratasys Direct, the contract manufacturing division of Stratasys, specializes in providing additive manufacturing solutions for highly regulated industries, including aerospace and defense, with a focus on production-scale parts [7] - The company operates under certified quality systems, including AS9100 and ISO 9001, ensuring compliance with industry standards and regulations [7] - Stratasys has established itself as a leader in the global shift to additive manufacturing, offering innovative 3D printing solutions across various sectors, including aerospace, automotive, and healthcare [8]
What's Going On With Velo3D Stock Friday?
Benzinga· 2026-03-27 14:03
This week’s move lower came despite a mix of earnings beats, improving liquidity, a growing backlog and commentary about demand heading into 2026. Here’s what investors need to know.Velo3D stock is trading in a tight range. What’s the outlook for VELO shares?Velo3D Q4 Revenue, EPS Top EstimatesVelo3D reported fourth-quarter revenue of $9.44 million, topping analyst estimates of $8.68 million. The company posted an adjusted loss of 54 cents per share, also beating estimates for a loss of 56 cents per share. ...
Why CFOs—not chief AI officers—are the secret to getting real value from AI
Fortune· 2026-03-27 11:30
Core Insights - The involvement of CFOs in AI projects significantly enhances the value extracted from these initiatives, with 76% of companies achieving substantial value when CFOs are responsible for AI outcomes [1][3]. Group 1: CFOs and AI Value - Only 2% of surveyed executives indicated that CFOs are tasked with achieving value from AI, yet their involvement correlates with a much higher success rate in value realization [3]. - CFOs can develop methodologies for AI implementation and scale them across the organization, bringing institutional credibility to the metrics used [3]. Group 2: Case Studies and Economic Impact - At DBS Bank in Singapore, CFOs are responsible for validating AI value metrics, contributing to an estimated economic value generation of approximately 1 billion Singapore dollars from data analytics and AI initiatives [4]. Group 3: AI Types and Challenges - Generative AI is identified as the most challenging type to establish value from, with 44% of respondents citing difficulties, likely due to challenges in measuring productivity [5]. - Agentic AI and analytical AI follow in difficulty, with 24% and 16% respectively, while rule-based AI is the least difficult to measure [6]. Group 4: Recommendations for AI Implementation - It is advised to involve finance teams in tracking and aggregating metrics related to AI value, as this can lead to a 23-point advantage in achieving high value when both employees and leaders are trained in AI [7]. - Organizations are encouraged to adopt a "narrow and deep AI" approach, focusing on specific processes rather than merely integrating AI into existing workflows [9]. Group 5: Workforce Impact - Only 2% of organizations have made significant AI-driven headcount reductions, but nearly 90% have reduced or frozen hiring in anticipation of AI's impact [8].
CFOs On the Move: Week ending March 27
Yahoo Finance· 2026-03-27 09:05
Group 1: Executive Appointments - Kieran Kelliher has been appointed as the chief financial officer of the Dallas Mavericks, previously serving as vice president of finance and administration at the Chicago Bulls for 12 years [2] - Lee Quackenbush has been named chief financial officer of Cox Farms, having led the Value Creation program at Mars during its $36 billion acquisition of Kellanova [3] - Brittany Cerwin has been promoted to finance chief at Middleby, previously serving as chief accounting officer since May 2023 [4] - Chelsea Lantz has been appointed interim CFO of Nu Skin Enterprises, replacing James Thomas who stepped down after 15 years [5] - Phyllis Nordstrom will continue as the permanent chief financial officer of 3D Systems after serving as interim CFO since August 2025 [6] Group 2: Background and Experience - Kieran Kelliher has a background in finance and administration, having also led efforts for the 2020 NBA All-Star Game and the launch of the Windy City Bulls [2] - Lee Quackenbush has extensive experience in finance, having previously worked at General Motors and led finance at Spreetail before joining Mars [3] - Brittany Cerwin has been with Middleby since 2011 and has experience as an auditor at Grant Thornton [4] - Chelsea Lantz joined Nu Skin in 2011 and has experience in internal audit and financial controls from her time at PricewaterhouseCoopers [5] - Phyllis Nordstrom has held senior roles at MTS Systems, PricewaterhouseCoopers, Target, and U.S. Bank prior to her current position [6]
拓竹招人!SHEIN招人!10+好公司一起招人!丨人才留言板第二期
36氪· 2026-03-26 10:14
Group 1 - The article highlights over 50 quality job positions across various fields including AI large models, embodied intelligence, quantum computing, 3D printing, and semiconductors, aiming to help individuals find their next career breakthrough [2] - The featured companies include state-owned AI firms, listed technology leaders, global unicorns, and cutting-edge tech startups, with over 60% of the positions being Series B and above [3] Group 2 - Zhongchengjiao Technology is the first state-owned transportation vertical large model company in Shanghai, possessing a data asset worth hundreds of billions and a dual-engine technology system [6] - Qunhe Technology, a Pre-IPO company, is the largest space design platform globally and the parent company of Cool Home, led directly by its founder and chief scientist [8] - Meiri Interactive, a listed company, is recognized for having the highest "data inclusion rate" in China, empowering various industries with data intelligence [13] - Lipusi Semiconductor, in its B+ round, focuses on high-end SiC modules for new energy and high-power charging, actively recruiting top talent [15] - Tuo Zhu Technology, a B-round unicorn in 3D printing, has redefined personal manufacturing with its extreme hardware and software integration [19] - SHEIN, a leading global fashion retail platform, leverages large-scale data and algorithm applications [13]
Why Velo3D Stock Is Plummeting Today
Yahoo Finance· 2026-03-25 19:04
A chart line going down over hundred-dollar bills. Image source: Getty Images. Velo3D stock sinks after Q4 sales decline 25% year over year Velo3D (NASDAQ: VELO) stock is getting hit hard in Wednesday's trading despite a bullish backdrop for the broader market. The company's share price was down 21.6% as of 2:40 p.m. ET. At the same point in the daily session, the S&P 500 and Nasdaq Composite were up 0.7% and 0.9%, respectively. Velo3D published its fourth-quarter results after the market closed yesterday, ...
SecureTech Reports Record Revenue and First Annual Profit for FY2025
Globenewswire· 2026-03-25 12:30
Core Insights - SecureTech Innovations, Inc. has achieved significant financial milestones in FY2025, marking a transformative year for the company [2][6] - The company reported total revenue of $7.7 million, a substantial increase from the previous year's nominal revenue, primarily due to the acquisition of AI UltraProd [8] - SecureTech recorded its first-ever annual net profit of $203,298, with net income attributable to shareholders amounting to $112,777 [8] Financial Performance - Total revenue for FY2025 was $7,720,757, compared to $14,235 in FY2024, indicating a dramatic increase [4] - Gross profit reached $1,902,259, with a gross margin of 24.6%, down from 76.0% in FY2024 [4] - The company achieved operating income of $235,749, a significant turnaround from an operating loss of ($403,586) in FY2024 [4] - Total stockholders' equity improved to $10,599,938 from a deficit of ($440,042) in FY2024, reflecting a strengthened balance sheet [4][8] - The outstanding share count was reduced by approximately 78%, or 61 million shares, enhancing shareholder value [8] Strategic Focus - The company aims for NASDAQ uplisting, organic growth, and disciplined mergers and acquisitions (M&A) to build long-term shareholder value as it enters FY2026 [6] - SecureTech's portfolio includes advanced technologies in artificial intelligence, industrial 3D printing, cybersecurity, and blockchain, positioning it for future growth [6]