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Contract extends the ‘Large-Format Metal 3D Printer Advanced Technology Demonstrator’ program for two additional years, completing the technology demonstration program
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Advances development of large-scale metal 3D printing for high-temperature, high-speed, flight-relevant applications
ROCK HILL, S.C., Aug. 10, 2026 (GLOBE NEWSWIRE) -- 3D Systems (NYSE: DDD) today announced it has been awarded an additional $9 million under the Air Force-funded ‘Large-Format Metal 3D Printer Advanced Technology Demonstrator’ program (GEN-II DMP-1000).
This award represents the next planned phase of the program 3D Systems has been executing since 2023, focused on the development and demonstration of large-scale, high-temperature, flight-relevant metal 3D printing technologies. Work under this phase will continue to be performed at the company’s San Diego, California and Rock Hill, South Carolina facilities. The program supports 3D Systems’ broader efforts to advance large-format direct metal printing systems capable of producing flight-critical components at scale.
“This award increases total project funding to $27.4 million and reflects the U.S. Air Force’s continued confidence in our technology, its development path, and our teams,” said Dr. Michael Shepard, Vice President, Aerospace & Defense, 3D Systems. “It has been exciting to see the system come together, and we look forward to working with additional partners on new applications as the platform matures.”
About 3D Systems
For 40 years Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at
www.3dsystems.com
.
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 including statements regarding the timing of product launches, regulatory approvals, market opportunities, expected revenue impact, and shareholder value. Forward-looking statements 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 many cases, forward-looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and 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" 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. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not, be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.
Investor Contact:
investor.relations@3dsystems.com
Media Contact:
press@3dsystems.com
3D Systems Secures Additional $9 Million Air Force Funding to Extend Large-Format Metal 3D Printer Program
3D Systems receives a $9 million extension for its large-format metal 3D printer program, enhancing flight-critical technology development.
Quiver AI Summary
3D Systems has received an additional $9 million to extend its ‘Large-Format Metal 3D Printer Advanced Technology Demonstrator’ program for two more years, enhancing the development of large-scale metal 3D printing technologies for high-temperature, flight-related applications. This funding increases the total investment in the program to $27.4 million, demonstrating the U.S. Air Force's ongoing support for 3D Systems' technological advancements. Work will continue at the company's facilities in San Diego, California, and Rock Hill, South Carolina, as they aim to produce flight-critical components at scale. Dr. Michael Shepard of 3D Systems expressed enthusiasm for the project and indicated plans to collaborate with additional partners as they progress.
Potential Positives
Potential Negatives
FAQ
What is the purpose of the GEN-II DMP-1000 program?
The GEN-II DMP-1000 program aims to develop large-scale, high-temperature, flight-relevant metal 3D printing technologies.
How much funding has 3D Systems received for this project?
3D Systems has received an additional $9 million, bringing total project funding to $27.4 million.
Where is the work for this program being conducted?
The program work is being carried out at 3D Systems’ facilities in San Diego, California, and Rock Hill, South Carolina.
Who is the primary partner in this project?
The project is funded by the U.S. Air Force, reflecting their confidence in 3D Systems' technology.
What industries does 3D Systems serve?
3D Systems serves industries including aerospace, medical, dental, defense, transportation, and durable goods.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DDD Revenue
$DDD had revenues of $94.6M in Q2 2026. This is a decrease of -0.27% from the same period in the prior year.
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$DDD Hedge Fund Activity
We have seen 102 institutional investors add shares of $DDD stock to their portfolio, and 69 decrease their positions in their most recent quarter.
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Full Release
ROCK HILL, S.C., Aug. 10, 2026 (GLOBE NEWSWIRE) -- 3D Systems (NYSE: DDD) today announced it has been awarded an additional $9 million under the Air Force-funded ‘Large-Format Metal 3D Printer Advanced Technology Demonstrator’ program (GEN-II DMP-1000).
This award represents the next planned phase of the program 3D Systems has been executing since 2023, focused on the development and demonstration of large-scale, high-temperature, flight-relevant metal 3D printing technologies. Work under this phase will continue to be performed at the company’s San Diego, California and Rock Hill, South Carolina facilities. The program supports 3D Systems’ broader efforts to advance large-format direct metal printing systems capable of producing flight-critical components at scale.
“This award increases total project funding to $27.4 million and reflects the U.S. Air Force’s continued confidence in our technology, its development path, and our teams,” said Dr. Michael Shepard, Vice President, Aerospace & Defense, 3D Systems. “It has been exciting to see the system come together, and we look forward to working with additional partners on new applications as the platform matures.”
About 3D Systems For 40 years Chuck Hull’s curiosity and desire to improve the way products were designed and manufactured gave birth to 3D printing, 3D Systems, and the additive manufacturing industry. Since then, that same spark continues to ignite the 3D Systems team as we work side-by-side with our customers to change the way industries innovate. As a full-service solutions partner, we deliver industry-leading 3D printing technologies, materials and software to high-value markets such as medical and dental; aerospace, space and defense; transportation and motorsports; AI infrastructure; and durable goods. Each application-specific solution is powered by the expertise and passion of our employees who endeavor to achieve our shared goal of Transforming Manufacturing for a Better Future. More information on the company is available at www.3dsystems.com .
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 including statements regarding the timing of product launches, regulatory approvals, market opportunities, expected revenue impact, and shareholder value. Forward-looking statements 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 many cases, forward-looking statements can be identified by terms such as "believes," "belief," "expects," "may," "will," "estimates," "intends," "anticipates" or "plans" or the negative of these terms or other comparable terminology. Forward-looking statements are based upon management’s beliefs, assumptions, and current expectations and 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" 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. Although management believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements are not, and should not, be relied upon as a guarantee of future performance or results, nor will they necessarily prove to be accurate indications of the times at which such performance or results will be achieved. The forward-looking statements included are made only as of the date of the statement. 3D Systems undertakes no obligation to update or review any forward-looking statements made by management or on its behalf, whether as a result of future developments, subsequent events or circumstances or otherwise.
Investor Contact: investor.relations@3dsystems.com Media Contact: press@3dsystems.com
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