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SEATTLE, Oct. 03, 2024 (GLOBE NEWSWIRE) -- 3DX Industries, Inc. (OTCM: DDDX), a leader in additive and precision manufacturing, updated shareholders today on its steady operational progress and strategic focus, highlighting the company’s resilience amidst ongoing consolidation in the 3D printing sector.
Throughout the year, 3DX Industries has continued to focus on optimizing its current operations and advancing key strategic initiatives. CEO Roger Janssen expressed optimism about the company’s position, noting, "We are encouraged by our continued progress in refining our manufacturing operations. We remain focused on exploring new opportunities in the additive manufacturing sector for future growth."
The broader 3D printing industry has experienced a wave of mergers and acquisitions, which underscores the resilience and long-term potential of additive manufacturing. Despite this consolidation trend, the continued progress of 3DX Industries showcases the company’s ability to adapt and thrive. "The ongoing consolidation reflects a commitment to creating stronger, more resilient companies capable of meeting the evolving demands of clients and stakeholders," Janssen noted.
This trend further validates 3DX Industries' strategic focus on its core competencies, such as the growing binder jet 3D printing segment, where the company continues to see increasing demand. The ability to produce high-quality, complex parts with greater efficiency has attracted significant interest from industries seeking advanced manufacturing solutions. "Our focus on binder jet 3D printing and other advanced technologies positions us well to capitalize on industry consolidation, providing a stable foundation for future growth," Janssen added.
While 3DX Industries has maintained its operational footprint, the company continues to optimize and enhance its existing capabilities in 3D metal printing, advanced photopolymer resin printing, and precision CNC machining. By refining these technologies and processes, 3DX is strengthening its competitive edge and ensuring sustained success in meeting the evolving demands of its clients. "We are well-prepared to deliver best-in-class services and remain committed to our shareholders and clients as the additive manufacturing industry continues to evolve," stated Nicholas Coriano VP of Business Development.
With a clear strategy in place and a focus on innovation, 3DX Industries is poised to continue its positive trajectory, ensuring long-term value for investors and shareholders.