3DX Industries Inc. (OTC:DDDX) Stock Continues to Edge Up: Here is Why
The global manufacturing leader 3DX Industries Inc. (OTC:DDDX) could be one of the companies that could well be worth adding to the watch lists today in light of the developments from Wednesday. The company, which is a specialist in advanced additive manufacturing capabilities, came into focus yesterday after it provided an update about some of its key projects across a range of industries.
The company announced that it was involved in manufacturing components for the innovative firewood laser measuring tool for optimizing chainsaw functions, the Firewood Prosizer. The company also announced that it had recently expanded its additive manufacturing expertise for the purpose of supporting a leading-edge medical device named Molecular Enhancer.
The product had been developed by a company based out of Washington and could help in the advancement of medical science to a considerable degree. 3DX Industries is involved in the production of important plastic 3D-printed components that are important for the functioning of the device. The company noted in its new release that its involvement in the project was also an indication of its flexibility to service different industries.
Another company that 3DX went into collaboration with is Tuff Trailer, a trailer manufacturer based out of Washington State. In that particular project, the company provided its specific expertise in additive manufacturing so as to produce customized parts from resin materials. In its news release, the company noted that the collaboration was an indication of its focus on precision and innovation with regards to manufacturing.
The company diversified its manufacturing collaborations with the continuation of its association with Motherwell Products. Motherwell is a well-known motorcycle accessories supplier for some of the leading brands like Honda, Suzuki, Harley-Davidson, and many more. The company also stated that it was its commitment to continue to create value for its shareholders.
The company had also been in the news on August 4 when it announced that it would be in attendance at the Bonneville Speedweek that was scheduled to be held at Wendover in Utah from August 5 to August 11, 2023. It ought to be noted in this regard that the Bonneville Salt Flats are known for a range of speed-breaking records that are set at a range of racing events held there. Bonneville Speed Week is the biggest event of the year and attracts racing drivers by the hundreds across all the different classes of racing.
At the event, 3DX Industries had been involved in the design and printing of customized racing parts for many years and remained one of the sponsors for Jessco Racing. Jessco Racing participated at the event with the hope of setting a new land speed record in the 3000 cc, pushrod, partial streamliner class. The company had been slated to be a part of the crew team at Jessco Racing. Additionally, the company also noted that it was also going to be a great opportunity to network with like-minded people and participate in conversations about the future of 3D printing.
