XJet

Company Overview

Snapshot

Founded in February 2005 by Hanan Gothait, XJet operates with 51–200 employees. The company has raised a total of $163.2 million across 7 funding rounds from 12 investors. In October 2023, XJet downsized its IPO plans to 1 million shares at $4 per share.

Business overview

XJet provides additive manufacturing solutions for ceramic and metal parts, catering to industries such as aerospace, automotive, medical, dental, and tooling. The company's core technology, patented NanoParticle Jetting, is featured in its XJet Carmel product line, which uses separate nanoparticle inks for build and support materials to enable the production of complex ceramic or metal parts. XJet's approach to 3D printing inherently contributes to sustainable production by reducing material waste, aligning with eco-efficient manufacturing practices within the Industrial Technologies sector.

Strategic signal

In October 2023, XJet downsized its IPO plans, proposing to offer 1 million shares at $4 per share. This adjustment signals a recalibration of market expectations or a strategic shift in its public offering strategy, which could impact investor sentiment and the company's immediate growth trajectory as it navigates capital markets.

Company Intelligence Q&A

When was XJet founded and by whom?

XJet was founded in February 2005 by Hanan Gothait.

What was a significant recent financial event for XJet?

In October 2023, XJet downsized its IPO plans to offer 1 million shares at $4 per share.

Which investors participated in XJet's September 2019 funding round?

In September 2019, XJet received funding from Shenzhen Hifuture Information Technology Co. Ltd and GEOC.

Which investors participated in XJet's January 2014 funding round?

In January 2014, XJet received funding from Gemini and Alumot.