Company Overview
Snapshot
Founded in February 2005 by Hanan Gothait, XJet operates with 51–200 employees. The company has raised a total of $163.2M across 7 funding rounds from 12 investors. In October 2023, XJet downsized its IPO plans, proposing to offer 1M shares at $4 per share.
Business overview
XJet specializes in providing ceramic and metal additive manufacturing solutions, leveraging its patented NanoParticle Jetting technology. The company's 3D printers, including the XJet Carmel product line, are designed for the mass production of complex metal and ceramic parts. XJet serves diverse industries such as aerospace, automotive, medical, dental, and tooling, focusing on enabling the production of intricate geometries with the ease and versatility of inkjet printing. Its operations contribute to clean manufacturing by reducing material waste through additive processes.
Strategic signal
In October 2023, XJet significantly downsized its IPO plans, proposing to offer 1 million shares at $4 each. This adjustment signals a recalibration of market expectations or a strategic shift in its public offering approach, potentially reflecting broader market conditions or a revised valuation strategy for investors.
Log in to access full profile ›Company Intelligence Q&A
- When was XJet founded and by whom?
- XJet was founded in February 2005 by Hanan Gothait.
- What was a significant development regarding XJet's IPO plans?
- In October 2023, XJet further downsized its IPO plans, proposing 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 investor led XJet's December 2018 debt financing round?
- LIQUiDITY led XJet's debt financing round in December 2018.