MASSIVit 3D Printing Technologies

High-volume 3D Printing Solutions

Industrial Technologies
Public on TASE on Mar, 2021<br>

Company Overview

Snapshot

Founded in May 2013 by Moshe Uzan, Gershon Miller, and Igor Yakubov, MASSIVit 3D Printing Technologies operates with 51–200 employees. The company has raised $78.6 million across three funding rounds and is publicly traded on the TASE. In March 2021, the company completed its TASE IPO, raising $50 million.

Business overview

MASSIVit 3D Printing Technologies specializes in industrial 3D printing solutions, offering large-format printers such as the Massivit 10000, 5000, and 3000 series. These printers are designed for rapid production of large parts, molds, and prototypes across various industries including automotive, marine, and rail. The company's technology emphasizes high-speed manufacturing and cost-effectiveness, utilizing advanced materials like SikaBiresin, and operates within the Industrial Technologies sector, focusing on eco-efficient manufacturing and additive manufacturing.

Strategic signal

In June 2024, Massivit completed a successful launch at the world's largest printing exhibition in Germany, securing 15 new purchase orders for its Massivit 3000 large-format 3D printer. This indicates strong market demand and commercial traction for its latest offerings, signaling positive growth momentum and validating its product strategy for investors.

Company Intelligence Q&A

What was a significant recent product launch for MASSIVit 3D?
In May 2024, Massivit announced plans to launch an affordable large-format 3D printer at the drupa 2024 International Printing Show in Germany.
What strategic partnership did MASSIVit 3D recently form?
In March 2024, Massivit signed a Strategic MOU with Sika to co-market and co-brand advanced digital tooling materials for the Massivit 10000 Series. This was followed by a strategic cooperation agreement with SIKA in July 2024.
When did MASSIVit 3D become a public company?
MASSIVit 3D Printing Technologies completed its TASE IPO in March 2021, raising $50 million.
What was a key product recognition for MASSIVit 3D in late 2023?
In November 2023, the Massivit 10000-G won the prestigious ACE Award for Manufacturing Composites Excellence.
What was a notable operational change for MASSIVit 3D in 2024?
In July 2024, Massivit implemented layoffs and salary cuts after its valuation decreased by 720 million shekels from its peak.

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