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Zenith Tecnica Acquired by Former Boeing and Amazon Executives, Adds Two EBM Systems and Relocates to Larger Facility
New Zealand-based EBM titanium 3D printing service provider Zenith Tecnica has been acquired by former Boeing and Amazon executives. The company specializes in electron beam melting of titanium alloy components for high-performance sectors such as aerospace and medical, serving clients including Lanteris Space Systems and NASA's Psyche mission. Prior to the acquisition, its six EBM systems were operating at full capacity. The new owners plan to add two more EBM systems and relocate to a larger facility, initiating a significant expansion phase aimed at becoming one of the world's largest and most capable EBM manufacturing partners. The new leadership brings operational experience from Boeing and Amazon's low Earth orbit satellite projects, as well as from highly regulated industries. Zenith's capacity expansion is expected to directly drive increased purchases of EBM-specific titanium alloy powder.
2026-07-08Changguang Satellite Raises 5 Billion RMB to Advance Jilin-1 Satellite Constellation
Changguang Satellite Technology Co., Ltd. completed an equity financing round of nearly 5 billion RMB in July, co-led by Changfa Group and Lushi Investment, with participation from Chengtong Fund and Dongfang Asset Management. This marks the second-largest single-round financing in China's commercial satellite and constellation sector. Proceeds will accelerate satellite batch production capabilities, advance the Jilin-1 satellite constellation networking, and deepen remote sensing data application development. Jilin-1 has built the world's largest sub-meter commercial remote sensing satellite constellation, with 161 satellites launched and 152 effectively in orbit. The company aims to have 300 satellites in orbit providing global all-weather coverage by end of 2027. The lightweight manufacturing demand for satellite structural components and antenna brackets will continue to drive procurement of aluminum alloy and titanium alloy metal powders for additive manufacturing.
2026-07-08Croom Medical Achieves Full In-House Production of Patient-Specific Orthopedic Implants, Cutting Lead Time from Weeks to Days
Irish orthopedic implant manufacturer Croom Medical now performs the entire in-house manufacturing process for patient-specific implants using titanium, cobalt-chrome, and tantalum, reducing lead time from weeks or months — as seen in traditional multi-supplier models — to just days. By consolidating design, 3D printing, machining, post-processing, and inspection under one roof with a unified quality system, the OEM retains design ownership, Croom Medical manages production, and provides regulatory submission files. Since entering metal additive manufacturing in 2010, the company has developed the TALOS tantalum printing platform and Biofuse lattice technology, and expanded its R&D and industrialization center in February this year. This in-house capability marks a natural extension of its 42-year vertical integration.
2026-07-08