3D Hubs announced it has rebranded to ‘Hubs’ to better reflects the wide range of online manufacturing services the company offers.
The Additive Manufacturing Trend Report 2021 from 3D Hubs revealed that the AM market grew by 21 percent in 2020, to a total of $12.6B.
Protolabs anticipates the acquisition of 3D Hubs will accelerate its revenue growth rate and be marginally dilutive to non-GAAP earnings per share in 2021. 3D Hubs’ 2020 revenue is estimated to be $25 million and the company’s revenue has had a compound annual growth rate of over 200% since 2017. The transaction is expected to close by the end of January, subject to customary closing conditions.
3D Hubs Appoints Former Unilever VP, Sarah Newbitt, to Board as Company Doubles Revenue Despite COVID-19
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3D Hubs announced that Sarah Newbitt, former UK Vice President of Supply Chain at Unilever, as the latest addition to its board. This new appointment follows the company’s sustained growth, having doubled year-over-year net revenue in spite of COVID-19.
In an industry first, online manufacturing platform 3D Hubs recently announced that it has completely de-risked overseas manufacturing by opening warehouses in Chicago and Amsterdam to manage customs clearance and additional quality inspections.
[penci_blockquote style=”style-2″ align=”none” author=”” uppercase=”false”]The New Report from 3D Hubs reveals market sentiment & forecasts, analysis of online demand, 3D printing VC…
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