Vision Miner, a provider of industrial 3D printing solutions, acquires Addwise Manufacturiung, an industrial manufacturer of 3D printing machines and related products valued at $14 million. This strategic move solidifies Vision Miner’s position in the additive manufacturing industry, enhancing its in-house manufacturing capabilities and expanding its global footprint.
“The acquisition of AddWise is a transformative milestone for Vision Miner,” said Patrick Smith, Founder & CEO of Vision Miner. “By combining our 8 years of experience and success in the industry with AddWise’s advanced manufacturing capabilities, we are now better positioned than ever to deliver the most innovative and reliable industrial 3D printing solutions to our global customer base.”
Vision Miner has experienced continued growth since its founding in 2017. Recently achieving a 120% increase in revenue with profitability exceeding industry standards. Debt-free and financially strong, the company is well-positioned for rapid expansion, with projections to grow tenfold in the near future.
Vision Miner is an expert in printing high-temperature performance materials and has been trusted by industry giants such as NASA, Northrop Grumman, Lockheed Martin, SpaceX, Tesla, and the US Air Force and Army.
Vision Miner’s products, such as their patent-pending Nano Polymer Bed Adhesive and the successful 22 IDEX 3D Printer, have helped address production challenges of some AM users across industries.
The acquisition of AddWise is just the beginning of Vision Miner’s expansion plans. With new facilities in the USA and Europe, the company is poised for significant growth. The factory is expanding its production line while also bringing in new machinery for automation of their other products. With new products in development, Vision Miner will soon be entering more markets in the additive manufacturing industry.
Vision Miner currently has over 25 dealers worldwide and plans to continue expanding its global presence by accepting new qualified dealers to their team.
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