Vision Miner Acquires AddWise for $14 Million, Enhancing 3D Printing Capabilities

Author

Slice of Manufacturing Team
June 30, 2024

Key Highlights:

  • Vision Miner acquires AddWise for $14 million, enhancing manufacturing capabilities.

  • Achieved a 120% revenue increase and high profitability, positioning for rapid expansion.

  • Trusted by industry giants like NASA, SpaceX, and Tesla for high-temperature performance materials.

  • Award-winning products including the Nano Polymer Bed Adhesive and 22 IDEX 3D Printer.

  • Strategic partnerships and expansions in the USA and Europe.

Source (PR Newswire)

Notable Quote

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"The acquisition of AddWise is a transformative milestone for Vision Miner. By combining our 8 years of experience and success in the industry with AddWise's advanced manufacturing capabilities, we are now better positioned than ever to deliver the most innovative and reliable industrial 3D printing solutions to our global customer base. Every week, we get the opportunity to work on something new and exciting. Getting to work on so many special and secret projects is simply rewarding. There is never a dull day at Vision Miner. Our mission is to revolutionize the additive manufacturing industry by providing the most advanced, reliable, and cost-effective solutions to businesses worldwide. With the acquisition of AddWise and our ongoing expansion, we are well-positioned to drive innovation and deliver unparalleled value to our customers."

Patrick Smith, Founder & CEO at Vision Miner

Our Take:

The acquisition of AddWise by Vision Miner marks a significant milestone in the additive manufacturing industry. This strategic move not only enhances Vision Miner’s manufacturing capabilities but also solidifies its position as a leader in the field. With a strong track record of innovation and trusted partnerships with industry giants, Vision Miner is well-equipped to expand its global footprint and continue driving advancements in 3D printing technology. The company’s focus on high-temperature performance materials and precision engineering sets it apart, making it a formidable force in various critical applications, from aerospace to defense. The future looks promising for Vision Miner as it leverages this acquisition to further its mission of providing cutting-edge, cost-effective solutions in the rapidly evolving 3D printing landscape.