3D Systems (NYSE:DDD) shares strengthened Monday, on word it has achieved a significant milestone in commercializing Oqton Manufacturing OS. This solution is designed to enable on-demand additive manufacturing (AM) in regulated markets by providing full factory-floor workflow integration thus transforming how products are brought to market. Baker Hughes, an energy technology company, is now in full production with Oqton Manufacturing OS in its central manufacturing facilities in Houston.
This marks a significant milestone in the commercial software agreement Baker Hughes entered with Oqton, a wholly owned, independently operated subsidiary of 3D Systems, in March 2023 and reinforces the companies’ shared vision to support decentralized manufacturing. The successful implementation of this solution by Baker Hughes demonstrates the Oqton Manufacturing OS’ ability to accelerate the design and production of additively manufactured parts across the entire manufacturing workflow to increase efficiency and facilitate regulatory compliance.
Baker Hughes began using Oqton Manufacturing OS and the Oqton operating system in June 2024 to scale the role of AM within its manufacturing workflow without compromising quality or the user experience. The system integration enables Baker Hughes to efficiently scale its production output while minimizing investments in the support structure. Additionally, the end-to-end system facilitates the monitoring of key performance indicators through the production workflow.
DDD shares acquired six cents, or 3.2%, to begin Monday trading at $1.94.
