Shapeways Announces Securing Two New Tier 1 Supplier Contracts
Portfolio Pulse from Benzinga Newsdesk
Shapeways has secured two new Tier 1 supplier contracts, which will result in more than $2.8 million in annual revenue for the next seven years. This demonstrates Shapeways' proficiency in partnering with Tier 1 manufacturers to support OEM volume production.
June 28, 2023 | 8:19 pm
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Shapeways' new contracts will significantly boost its annual revenue for the next seven years, indicating a positive outlook for the company.
The new contracts secured by Shapeways are expected to bring in over $2.8 million in annual revenue for the next seven years. This is a significant increase in revenue, which is likely to have a positive impact on the company's stock price in the short term.
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