The Dutch site of the insolvent 3D printing service provider Shapeways is experiencing a rebirth. Under the name Manuevo, former employees and two co-founders have acquired the assets from the insolvency estate and are planning to restart operations in Eindhoven.
Shapeways, founded in 2007 and for a long time one of the leading marketplaces for 3D printing services, filed for insolvency in July. The company had gone public in 2021 through a SPAC merger, but ran into financial difficulties and had to move from the NYSE to the Nasdaq.
Manuevo presents itself as a further development of Shapeways and aims to offer a broad spectrum of additive manufacturing solutions. The portfolio ranges from prototyping to mass production and includes technologies such as selective laser sintering, HP Multi Jet Fusion, binder jetting, stereolithography, multi-jet printing, DLP and direct metal laser sintering.
The restart of the European production capacities in the Netherlands is planned for August 5. Customers from the USA, the UK and the EU will receive their orders without additional import fees. Manuevo currently accepts orders by email, but is planning to reintroduce the API connection for existing customers and is working on reactivating the self-service option.
The takeover by the former team could prove to be an advantage, as existing expertise and established customer relationships can be utilized. At the same time, Manuevo faces the challenge of repositioning itself in a highly competitive market and regaining the trust of its customers.
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