XJet News
14 articles
XJet Further Downsizes IPO Plans to 1M Shares at $4/sh By Investing.com
XJet has filed to further downsize its proposed IPO to 1,000,000 shares at $4 per share. This is the second time the company has reduced its anticipated offering size. The company originally indicated a 2,000,000 share offering at $4-$6 per share, before bringing it down to 1,600,000 shares.
Public Trading
IPO Update: XJet Ltd. Proposes Terms For Micro-IPO (Pending:XJET)
XJet Ltd., an Israel-based company specializing in Nano-Particles Jetting (NPJ) process for creating thin layers of metal or ceramics material coatings on products, has filed a follow-up SEC registration statement detailing its capitalization, proposed IPO terms, and pricing information. The company plans to sell 1.6 million shares of common stock at a proposed midpoint price of $4.00 per share for gross proceeds of approximately $6.4 million. As of December 31, 2022, XJet had booked a fair market value investment of $206 million from investors including Lucion, ALUMOT, ARCHina and Abraxilev Ltd.
InvestmentPublic Trading
Israel's 3D printing firm XJet seeks to raise $10m from Nasdaq IPO
XJet, an Israeli company that develops inkjet technology for 3D printing of small metal and ceramic parts, is planning to raise $10 million through an initial public offering (IPO) on the Nasdaq. The company will offer 2 million shares at a price of $4 to $6 per share. XJets technology allows manufacturers to print small ceramic or metal parts with the ease and versatility of an inkjet printer. The company has raised about $100 million to date and reported revenue of $6 million in the year ending Dec. 31. The IPO proceeds will be used for scaling up, sales and marketing, and R&D manufacturing purposes. The global market for additive manufacturing is projected to reach about $76 billion by 2030.
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https://www.pim-international.com/syqe-medical-turns-to-xjet-for-high-temperature-ceramic-parts/
https://3dprint.com/274516/mtc-ncam-investing-in-xjets-ceramics-3d-printing-technology/
https://3dprint.com/262717/marvel-medtech-uses-additive-manufacturing-by-xjet-to-prevent-breast-cancer/
Marvel Medtech, a US-based startup, has developed a new approach to combat early-stage breast cancer. The companys innovation is a robotic guidance system that destroys cancer cells during breast MRI scans. The technology uses cryotherapy to freeze and destroy the cells before they can grow. The company has also developed a cryotherapy probe using XJets NanoParticle Jetting technology. The probe works in conjunction with the MRI and does not interfere with the machines magnetic field. The technology is expected to save lives, improve patient care, and potentially save billions of dollars in healthcare costs.
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Marvel Medtech And XJet Have Teamed Up To Disrupt Breast Cancer Detection And Treatment
Marvel Medtech and XJet have partnered to develop new therapies for breast cancer using MRI, cryoablation, and cryoimmunotherapy. Marvel Medtech has developed a revolutionary approach to breast cancer detection and treatment, and XJets 3D printing technology is ideal for fabricating the necessary tools. The partnership aims to make current detection and treatment protocols obsolete, reduce costs, and provide potentially curative treatments. Marvel Medtech is also in negotiation with POC Medical Systems to license a pre-screening test. Additionally, XJets printer is being used by the University of Delaware to develop antenna technology for 5G applications. The partnership and technology developments have a growth-positive impact on both Marvel Medtech and XJet.
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XJet Opens Largest Center for Metals and Ceramics
https://3dprint.com/194757/xjet-hanan-gothait-interview/
Israel-based 3D printing company XJet has unveiled the Carmel additive manufacturing system, which uses inkjet technology for production, focusing on ceramics and metals. The company has grown from a research and development start-up to a commercial business, increasing its staff by 50% in 2017, with similar growth expected in 2018. The Carmel system has been installed at Oerlikon in Germany and at the Youngstown Business Incubator in the US. XJet CEO Hanan Gothait said the company sees endless possibilities for the system, particularly in the medical and aerospace industries.
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https://3dprint.com/156419/xjet-at-formnext/
Israel-based XJet is making strides in the metal additive manufacturing industry with its inkjet printing technology. The company, which was founded in 2013, has received investment from Catalyst and Autodesk, and is set to launch its beta program in early 2017. XJets NanoParticle Jetting technology has been showcased in the US and Europe, and the company is now focusing on developing its materials capabilities. XJets technology could be beneficial to industries such as automotive and dental, as well as any industry that requires precision in small parts production.
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XJET Announces 3D Ceramic Capabilities - Additive Manufacturing (AM)
XJet Ltd., a pioneering NanoParticle Jetting technology company, has introduced ceramic inkjet 3D printing to its line of Additive Manufacturing capabilities. The company will showcase the ceramic 3D printed parts for the first time at formnext in Frankfurt, Germany. NanoParticle Jetting technology is being hailed as a game-changer in the industry due to its high levels of detail, surface finish, and accuracy. The expansion of NanoParticle Jetting to include ceramics will allow XJet to address a wider range of applications. The technology produces ceramic parts with the ease and versatility of inkjet printing, eliminating the need to handle dangerous powders. XJets 3D jetting technology offers new levels of small details, dispersion, and design freedom. XJet was founded in 2005 and has filed more than 50 registered and pending patents.
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3D Printing Industry-The Authority on 3D Printing & Additive Manufacturing
Xjet, a 3D printing company, has developed a new method called NanoParticle Jetting (NPJ) to print metal using inkjet heads. Unlike traditional metal 3D printing techniques, Xjets method does not involve melting the metal. Instead, the metal is transformed into nano-particles and suspended in a unique liquid. The liquid evaporates when it touches the tray, leaving behind a perfectly packed metal structure with no porosity. Xjets NPJ technology offers advantages such as high layer resolution, reduced material usage, simplified post-processing, and easier clean-up. The company plans to launch the technology next year and is considering applications in the medical instrument industry. Xjet will be showcasing its technology at FormNext Frankfurt in November.
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Executive Discusses XJet's Liquid Metal 3D Printer
Dror Danai, Chief Business Officer at XJet Limited, discusses the companys positioning and its new NanoParticle Jetting (NPJ) technology at the RAPID 2016 conference on additive manufacturing.
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https://3dprint.com/133777/xjet-nanoparticle-rapid-2016/
