CNN has released an insightful video of an interview with 3D Systems founder and Chief Technology officer, Chuck Hull. Referring to him as the “quiet and unassuming” father of the 3D printing industry, they hit the nail on the head when they suggested to him that he is “the almost anonymous star of 3D printing”. It is believed that was exactly how he preferred it to be, leaving the prolific media engagement that 3D Systems necessarily undertakes to the more gregarious members of the management team like the outgoing Avi Reichental, 3D Systems’ CEO. Chuck Hull in front of the camera was relaxed and most comfortable when talking about his beloved technology. At 74 years old, he concedes he should probably have retired, but: “It’s still interesting – so I don’t.” Who can blame him?
Objex Unlimited is a 3D printing studio located in Toronto. We take pride in all of our products and services, offering the newest, and highest quality methods of production. With a highly skilled team of trained individuals we have no doubt that we can offer your business alternatives, which will save you work, time, and money. We use advanced 3D Printing Technology to produce Rapid Prototypes and highly detailed Concept Models directly from CAD Drawings. We can bring your CAD designs to life by creating real parts you can use and models that you can hold in your hand. Our commitment to you is to deliver in DAYS. Don’t let prototype production hold up your design cycle. Objex Unlimited is an Authorized Distributor of Artec 3D Scanners and 3D Systems Professional 3D Printers.
https://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.png00Objex Unlimitedhttps://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.pngObjex Unlimited2014-02-14 19:08:082014-04-25 14:21:13Father of 3D Printing Speaks with CNN |
3D Systems Corporation(NYSE: DDD) announced today that it anticipates its full year revenue to be in the range of $513 million to $514 million, within its previously raised revenue guidance range of $500 million to $530 million on over 30% organic revenue growth and over 50% total revenue growth for the fourth quarter of 2013. Compared to its expectations, the company experienced much stronger professional 3D printers and materials demand and softer on-demand parts and consumer demand during the fourth quarter. As a result, the company expects to report its December backlog nearly doubled sequentially to $28 million which included multiple advanced manufacturing 3D printers orders that it plans to deliver over the next year. These are preliminary, unaudited results based on current expectations and actual results may differ.
The company expects to report that its gross profit margin remained materially unchanged despite expanding unfavourable mix pressure that resulted in a slight decrease for the quarter. Consistent with management’s prior comments and actions, the company expects to report that its non-GAAP earnings per share compressed as a result of a substantial increase to its R&D expenditure related to its accelerated new product developments, a step up in sales and marketing expenses related to its rapid products channel expansion and higher costs related to its acquisition concentration during the quarter.
Accordingly, the company expects its non-GAAP earnings per share to be in the range of $0.83 to $0.87, below its previously expected guidance of $0.93 to $1.03 and its GAAP earnings per share to be in the range of $0.43 to $0.45.
The company expects to report final fourth quarter and full year 2013 results on February 28, 2014.
“Consistent with our previous comments, during the fourth quarter we made very significant R&D, manufacturing and marketing investments designed to accelerate revenue growth that resulted in substantially compressed earnings for the fourth quarter,” said Avi Reichental, President and Chief Executive Officer, 3DS. “As we previously stated, we are willing to tolerate earnings reduction and even slight gross profit margin compression during this period to substantially accelerate our growth rate and market share. We firmly believe that these accelerated investments that already resulted in the announcement of 24 new products over the past nine weeks position the company to double its revenue over the next couple of years on organic growth of at least 30% going forward and to achieve greater earnings power and profitability over the long term.”
Management believes that the ultimate measure of the company’s success will be the sustainable value it creates over the long term and expects greater value to be created as a direct result of its ability to extend and solidify its leadership position via these accelerated actions and investments. Management continues to balance its focus on growth with emphasis on long-term profitability, but given the near term opportunities, is choosing to prioritize growth because it believes that scale is central to achieving the full potential of its business model, and accordingly expects its 2014 revenue to be in range of $680 million to $720 million and expects GAAP earnings per share in the range of $0.44 to $0.56 and non-GAAP earnings per share to be in the range of $0.73 to $0.85.
Q4 and Full Year 2013 Conference Call and Webcast
3D Systems plans to hold a conference call and simultaneous webcast to discuss its financial results for the fourth quarter and full year 2013 on Friday, February 28, 2014, at 9:00 a.m. Eastern Time. The company expects to release these financial results and to file its Form 10-K on February 28, 2014.
The recorded webcast will be available beginning approximately two hours after the live presentation atwww.3dsystems.com/investor.
Forward-Looking Statements
Certain statements made in this release that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from historical results or from any future results or projections expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties, readers are urged to consider statements in the conditional or future tenses or that include terms such as “believes,” “belief,” “expects,” “estimates,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. Forward-looking statements may include comments as to the company’s beliefs and expectations as to future events and trends affecting its business and are necessarily subject to uncertainties, many of which are outside the control of the company. The factors described under the headings “Forward-Looking Statements,” “Cautionary Statements and Risk Factors,” and “Risk Factors” in the company’s periodic filings with the Securities and Exchange Commission, as well as other factors, could cause actual results to differ materially from those reflected or predicted in forward-looking statements.
Presentation of Information in This Press release
To facilitate a better understanding of the impact that several strategic acquisitions had on its financial results, the company reports non-GAAP measures that adjust net income and earnings per share by excluding the impact of amortization of intangibles, non-cash interest expense, acquisition and severance expenses, litigation settlements, loss on conversion of notes and stock-based compensation expense. A reconciliation of GAAP to non-GAAP results will be provided when the company reports its financial results.
Objex Unlimited is a 3D printing studio located in Toronto. We take pride in all of our products and services, offering the newest, and highest quality methods of production. With a highly skilled team of trained individuals we have no doubt that we can offer your business alternatives, which will save you work, time, and money. We use advanced 3D Printing Technology to produce Rapid Prototypes and highly detailed Concept Models directly from CAD Drawings. We can bring your CAD designs to life by creating real parts you can use and models that you can hold in your hand. Our commitment to you is to deliver in DAYS. Don’t let prototype production hold up your design cycle. Objex Unlimited is an Authorized Distributor of Artec 3D Scanners and 3D Systems Professional 3D Printers.
https://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.png00Objex Unlimitedhttps://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.pngObjex Unlimited2014-02-13 18:43:092014-04-25 14:21:273D Systems Announces Preliminary Full Year 2013 Results |
3D Systems (NYSE:DDD) announced that it plans to present at the Stifel Technology, Internet and Media Conference 2014 on Monday, February 10, 2014 at 10:55 AM PT at the Fairmont Hotel in San Francisco, CA. Damon Gregoire, Senior Vice President and CFO, will update investors on the operational and strategic progress the company is making.
Investors are invited to follow the real-time audio webcast of the presentation that will be available on 3D Systems’ website under the Investor Relations section at 3DSystems.com/investor.
Objex Unlimited is a 3D printing studio located in Toronto. We take pride in all of our products and services, offering the newest, and highest quality methods of production. With a highly skilled team of trained individuals we have no doubt that we can offer your business alternatives, which will save you work, time, and money. We use advanced 3D Printing Technology to produce Rapid Prototypes and highly detailed Concept Models directly from CAD Drawings. We can bring your CAD designs to life by creating real parts you can use and models that you can hold in your hand. Our commitment to you is to deliver in DAYS. Don’t let prototype production hold up your design cycle. Objex Unlimited is an Authorized Distributor of Artec 3D Scanners and 3D Systems Professional 3D Printers.
When purchasing a 3D printer one should ask himself or herself “Six 3D Printer Buying Decisions” questions before proceeding. The current array of buyable 3D printers is the largest in the history of the world, so having some parameters to make a decision is a good thing. The questions aren’t actually about 3D printers but rather about you. This is because the choice of 3D printer must fit its owner and that’s you.
Six 3D Printer Buying Decisions
Technical:
How technical are you? Are you comfortable building electronic and mechanical assemblies? How do you feel if a machine breaks? Do you feel excited about the opportunity to fix it? Or are you struck with fear and asking yourself, “who do I know that could fix this for me?” The answer will help you determine whether to purchase a 3D printer kit or a pre-assembled unit.
Time:
How much spare time do you have? How much of that spare time are you willing to put toward your 3D printing habit? If you don’t have a lot of time to devote to your machine, then perhaps you should seek machines that are pre-assembled and come with a reputation for reliability. On the other hand, if you don’t have very much time to spare, you might want to reconsider the 3D printing thing entirely.
Purpose:
What do you intend on making? Is it artwork (PLA suitable)? Is it Mechanical parts (ABS suitable)? How large might your desired objects be? If you can answer these questions, you will know the size and capabilities of your target machine.
Environment:
Where will you situate your machine? Is it in an area that can be ventilated outdoors easily? If not, then you should not be 3D printing ABS plastic indoors and might require a PLA-only machine. Also, consider how much noise you can withstand. While most current 3D printers are pretty quiet, there are still a few noisy ones available.
Wallet:
What’s your budget? CAD $500? $1000? $2000? The amount of money you spend on a machine will quickly narrow your choices, so long as they are compatible with the answers to the previous questions.
Operating System:
Most software’s for personal 3D printers these days is multi-platform, but sometimes it is not. Almost always you’ll find Windows compatibility and often Macintosh – but not always. Linux is more frequently left off the list. The moral of the story is: check out the software compatibility with your own equipment before you proceed, or you’ll be in for a surprise.
If you know the answers to these questions before shopping, you’ll have a much better chance of selecting a 3D printer that will succeed and meet all your needs.
Objex Unlimited is a 3D printing studio located in Toronto. We take pride in all of our products and services, offering the newest, and highest quality methods of production. With a highly skilled team of trained individuals we have no doubt that we can offer your business alternatives, which will save you work, time, and money. We use advanced 3D Printing Technology to produce Rapid Prototypes and highly detailed Concept Models directly from CAD Drawings. We can bring your CAD designs to life by creating real parts you can use and models that you can hold in your hand. Our commitment to you is to deliver in DAYS. Don’t let prototype production hold up your design cycle. Objex Unlimited is an Authorized Distributor of Artec 3D Scanners and 3D Systems Professional 3D Printers.
Nike Football debuted the Nike Vapor Laser Talon with a revolutionary 3D printed plate that will help football athletes perform at their best. The Nike Vapor Laser Talon was built to mater the 40-yard dash. The football cleat weighs a mere 5.6 oz. and is specifically designed to provide optimal traction on football turf and to help athletes maintain their “drive stance” longer.
https://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.png00Objex Unlimitedhttps://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.pngObjex Unlimited2014-01-16 16:03:452014-02-07 00:09:13Nike Debuts First Ever Football Cleat Built Using 3D Printing Technology
Prosthetics are not cheep, they can range from $5,000 to $50,000. “For people without one or more of their natural limbs, the process of acquiring a prosthetic one is exhausting.
Back in 2011, Scott Summit, the founder of Bespoke Innovations, showed 3D-printed, individually designed prosthetic legs that are unabashedly artificial and completely personal. Summit has spent the past six years researching and working on 3-D prosthetics. With a 3D scanner and a 3D printer, we can now create a prosthetic limb for individuals, says Summit.
Unfortunately, it still costs a boatload of money, especially for those people who are unable to afford to get one.
Richard Van As, a South African carpenter, who lost four fingers from his right hand to a circular saw two years ago, decided to build his own hand. Working together with Ivan Owen in Seattle, they invented Robohand, a device that is made from cables, screws, 3-D printing and thermoplastic. It uses the rotation of a joint to enable five plastic digits to grasp. The device costs only about $500. In order to spread the device as widely as possible, Van As and Owen made the Robohand an Open Source design available online so everyone in the world can download and build one for themselves.
Image credit: London Science Museum
Then 17-year old inventor Easton LaChappelle from Colorado, built a prosthetic arm by generating most of the parts through a 3D printer. Currently LaChappelle has completed the third version of his robotic hand and the costs is only around $250. His ‘Arduino Robotic Arm’ is up to shoulder and has the same functionality as a human arm.
Eric Ronning, Mechanical engineering sophomore at University of Wisconsin-Madison invented a 3D printable prosthetic hand for amputees in developing countries. Named the Manu Print, the hand has a unique design that allows users to close and open each finger individually by applying only one tensile force. The hand is similar to the human hand and is purely mechanical and has no electronic parts. And the total mateial costs is only 20$.
Then, there was another project: Zero Point Frontiers, an engineering company in Huntsville, has built an new hand for two-year-old Huntsville toddler Kate Berkholtz who was born without fingers on her left hand. Zero Point Frontiers used their 3D printer to help this little girl by creating her a much needed prosthetic, and this 3D printed hands only costs about $5.
In September, Bristol, UK based Joel Gibbard (23) launched the Dextrus hand on indiegogo, a 3D printed robotic hand that offers much of the functionality of a human hand in a very low cost. It uses electric motors instead of muscles and steel cables instead of tendons. 3D printed plastic parts work like bones and a rubber coating acts as the skin. The hand can be connected to an existing prosthesis using a standard connector to give an amputee another option, and it costs less than $1,000.
Though these products are not as high quality as high-end prosthetics, they are functional, simple and low cost. In some parts of the world, the choice is between having a mediocrely-fitting prosthetic and not having one at all. That is the situation that spurred these inventors to action. These 3D-printed product has already benefitted a lot of children. With the increasing affordability of 3D printers, future robohand could be a lot cheaper and, also a lot of more capable.”
Watch below a nice story from CBS news about 12-year old Leon McCarthy and his awesome 3D printed prosthetic hand.
Two years ago, Paul McCarthy began searching for an inexpensive yet functional prosthetic hand for his son Leon, who was born without fingers on one of his hands. McCarthy came across a video online with detailed instruction on how to use a 3-D printer to make a prosthetic hand for his son.
Kicking off the school year is never easy. It is often tough to find motivation in the early classes, long lectures, and lack of sleep. We thought it would be a great opportunity to look back at a group of students that have truly pushed the envelope on their past year, to provide a little motivation to those students looking for a finish line. Over the last few months our team here at Objex Unlimited has been thrilled to be working with a wide range of extremely talented clients. With this said, there is nothing like the Humber College Thesis Show. Showcasing students from the Bachelor of Applied Technology (Industrial Design) degree program, this annual show is an outstanding display of talented, and innovative designers. Amongst their hours of research, design, and engineering work, these students are required to present accurate, and realistic concept display models. Working in conjunction with Objex Unlimited, a great deal of these students were able to accurately replicate their prototypes and design models. This was a fantastic experience for both the students and our team here at Objex Unlimited – to be able to provide these talented students with the resources they need to continue to evolve and innovate their designs.
During the show we had the opportunity to award two of these outstanding designers with the “best hard models in show”. Both Brent Vanderwoude and Jacob Migneault took home the prize.
https://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.png00Objex Unlimitedhttps://objexunlimited.com/objexunlimited/wp-content/uploads/2017/11/OBJEX_LOGO_WHITE_17-copy-300x153.pngObjex Unlimited2013-09-10 21:36:282014-02-07 00:40:25KICKING OFF THE SCHOOL YEAR – A LOOK BACK – HUMBER COLLEGE 2013 THESIS SHOW
