Binder jet 3D printer manufacturer voxeljet (VJET) has announced that its revenue rose 35.4% in Q2 2022 amid a resurgence in demand for its proprietary 3D printers.
As revealed in its Q2 2022 financials, the firm generated €6.7 million in revenue over the quarter, €1.8 million more than it managed in Q2 2021, and a €1.6 million increase against the pre-COVID period of Q2 2019. While voxeljet’s system income fell in Q1, this trend has reversed in recent months, culminating in a recovery that CEO Dr. Ingo Ederer attributes to the winning of ‘major 3D printing orders.’
Following the publication of its results, voxeljet’s share price rose 8.5% in pre-market trading, reflecting investor satisfaction about its strong Q2 revenue performance.
“We are very happy with the results for the quarter,” said Ederer. “With the currently signed number of orders for 3D…