Shapeways

NJII Welcomes Thomas Murphy, Michael Chirico, Tom Villani to the Leadership Team

Retrieved on: 
Tuesday, April 30, 2024

NEWARK, N.J., April 30, 2024 /PRNewswire-PRWeb/ -- New Jersey Innovation Institute (NJII), a New Jersey Institute of Technology (NJIT) subsidiary, today announced three new additions to the growing leadership team. NJII welcomes Thomas Murphy as Director of Defense Manufacturing Technology, Michael Chirico as Compliance Officer, and Thomas Villani as Assistant Vice President of Artificial Intelligence and Machine Learning in the Entrepreneurship Division.

Key Points: 
  • NJII welcomes Thomas Murphy as Director of Defense Manufacturing Technology, Michael Chirico as Compliance Officer, and Thomas Villani as Assistant Vice President of Artificial Intelligence and Machine Learning in the Entrepreneurship Division.
  • NJII welcomes Thomas Murphy as Director of Defense Manufacturing Technology, Michael Chirico as Compliance Officer, and Thomas Villani as Assistant Vice President of Artificial Intelligence and Machine Learning in the Entrepreneurship Division.
  • NJII President, Dr. Michael Johnson comments, "As the Gateway to Innovation in New Jersey, these new additions to the team position NJII for strength and growth as we expand innovative methodologies such as Artificial Intelligence (AI)."
  • "As NJII continues to grow, we are delighted to onboard industry experts to further advance our mission," said NJII President, Dr. Michael Johnson.

Shapeways Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 28, 2024

NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, announced its results for the fourth quarter and year ended December 31, 2023.

Key Points: 
  • NEW YORK, March 28, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, announced its results for the fourth quarter and year ended December 31, 2023.
  • “Throughout 2023 we focused on executing our key strategic objectives of expanding our enterprise and software businesses,” said Greg Kress, Shapeways’ Chief Executive Officer.
  • To align with this backdrop, we have implemented a number of cost-reduction initiatives, including reductions in force completed in the fourth quarter of 2023, a reduction of new hires, and a reduction in non-critical capital and discretionary operating expenditures.
  • This online quoting portal allows seamless access for CNC customers and enhances Shapeways’ robust suite of enterprise manufacturing solutions.

Shapeways Holdings, Inc. Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Monday, March 25, 2024

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (Nasdaq: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today announced that on March 20, 2024 (the “Date of Grant”), the Company granted inducement stock options covering an aggregate of 15,000 shares of Shapeways’ common stock to 4 newly hired non-executive employees.

Key Points: 
  • NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (Nasdaq: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, today announced that on March 20, 2024 (the “Date of Grant”), the Company granted inducement stock options covering an aggregate of 15,000 shares of Shapeways’ common stock to 4 newly hired non-executive employees.
  • The awards were granted under Company’s 2022 New Employee Equity Incentive Plan (the “Inducement Plan”), which provides for the granting of equity awards to new employees of Shapeways by the Company’s compensation committee in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Each of the stock options granted as referenced in this press release has an exercise price of $1.71, the closing price of Shapeways’ common stock on the date prior to the Date of Grant.
  • Each stock option vests over a four-year period, with one-fourth of the shares vesting on the first anniversary of the employee’s start date (the “First Vesting Date”), and the remaining shares vesting in thirty-six equal monthly installments over the next three years, commencing with the first month following the First Vesting Date, subject to continued employment with the Company through the applicable vesting dates.

Shapeways to Report Fourth Quarter 2023 Financial Results

Retrieved on: 
Thursday, March 21, 2024

Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways”) a leader in the large and fast-growing digital manufacturing industry, will release its financial results for the fourth quarter and full year ended December 31, 2023, after the market close on Thursday, March 28, 2024.

Key Points: 
  • Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways”) a leader in the large and fast-growing digital manufacturing industry, will release its financial results for the fourth quarter and full year ended December 31, 2023, after the market close on Thursday, March 28, 2024.
  • Shapeways will host a conference call and webcast on Thursday, March 28, 2024, at 5:00 P.M.
  • ET.
  • To participate in the call, please dial 1-888-886-7786 or 1-416-764-8658 for international participants, ten minutes before the scheduled start.

Shapeways Announces 100% YOY Growth in its Multi-Million-Dollar Automotive Vertical

Retrieved on: 
Tuesday, January 23, 2024

Shapeways Enterprise Manufacturing Solutions continues to secure Tier 1 supplier and OEM direct multi-year production volume, including a recently expanded $1.5M contract with an industry-leading American automotive manufacturer.

Key Points: 
  • Shapeways Enterprise Manufacturing Solutions continues to secure Tier 1 supplier and OEM direct multi-year production volume, including a recently expanded $1.5M contract with an industry-leading American automotive manufacturer.
  • Aidan O’Sullivan, General Manager of Enterprise Manufacturing Solutions at Shapeways, noted, “Flexibility and adaptability are key in meeting our customers' dynamic production demands.
  • This expanded contract reflects Shapeways’ commitment to building customer trust and signals its growing foothold in the automotive sector.
  • Looking forward, the company’s investment in high-quality, high-precision enterprise-level manufacturing will continue to appeal to automotive customers, as well as those in medical, robotics, and other industries.

Shapeways Holdings, Inc. Announces Reductions in Force and Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, December 20, 2023

These initiatives included a previous reduction in force completed in October 2023, a reduction of new hires, and a reduction in non-critical capital and discretionary operating expenditures.

Key Points: 
  • These initiatives included a previous reduction in force completed in October 2023, a reduction of new hires, and a reduction in non-critical capital and discretionary operating expenditures.
  • The Company currently estimates that it will incur one-time cash charges of approximately $0.45 million in connection with the reductions in force, primarily consisting of notice period and severance payments, employee benefits, and related costs.
  • In addition, on December 20, 2023 (the “Date of Grant”), the Company granted inducement stock options covering an aggregate of 25,625 shares of Shapeways’ common stock to 14 newly hired non-executive employees.
  • The awards were granted under Company’s 2022 New Employee Equity Incentive Plan (the “Inducement Plan”), which provides for the granting of equity awards to new employees of Shapeways by the Company’s compensation committee in accordance with Nasdaq Listing Rule 5635(c)(4).

Shapeways Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, announced its results for the third quarter ended September 30, 2023.

Key Points: 
  • NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Shapeways Holdings, Inc. (NASDAQ: SHPW) (“Shapeways” or the “Company”), a leader in the large and fast-growing digital manufacturing industry, announced its results for the third quarter ended September 30, 2023.
  • “In the third quarter we expanded our gross margin sequentially, as we saw a greater contribution from higher margin software sales.
  • As a result, our ability to recognize about $0.5 million in revenue from three enterprise contracts shifted from the third quarter to the fourth quarter.
  • Shapeways will host a conference call and webcast on Tuesday, November 14, 2023, at 5:00 P.M.

Cloud Computing Market worth $1,266.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 7, 2023

The Cloud Computing Market is expanding, and vendors are adopting a strategic focus to attract customers.

Key Points: 
  • The Cloud Computing Market is expanding, and vendors are adopting a strategic focus to attract customers.
  • These services are increasing the demand for the Cloud Computing Market.
  • In recent years, cloud computing has emerged as a game-changing technology that significantly benefits the industry.
  • North America is estimated to account for the largest market share in the global Cloud Computing Market in 2023, and this trend will continue during the forecast period.

Cloud Computing Market worth $1,266.4 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 7, 2023

The Cloud Computing Market is expanding, and vendors are adopting a strategic focus to attract customers.

Key Points: 
  • The Cloud Computing Market is expanding, and vendors are adopting a strategic focus to attract customers.
  • These services are increasing the demand for the Cloud Computing Market.
  • In recent years, cloud computing has emerged as a game-changing technology that significantly benefits the industry.
  • North America is estimated to account for the largest market share in the global Cloud Computing Market in 2023, and this trend will continue during the forecast period.

Shapeways to Report Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, October 24, 2023

NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shapeways Holdings Inc. (“Shapeways”), a leader in the large and fast-growing digital manufacturing industry, will release its financial results for the third quarter ended September 30, 2023, after the market close on Tuesday, November 14, 2023.

Key Points: 
  • NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shapeways Holdings Inc. (“Shapeways”), a leader in the large and fast-growing digital manufacturing industry, will release its financial results for the third quarter ended September 30, 2023, after the market close on Tuesday, November 14, 2023.
  • Shapeways will host a conference call and webcast on Tuesday, November 14, 2023, at 5:00 P.M.
  • ET.
  • To participate in the call, please dial 1-877-322-9565 or 1-412-542-4177 for international participants, ten minutes before the scheduled start.