Financial PerformanceProto Labs reported better-than-expected financial results for their 1Q25, including revenue growth in the first quarter provided by a 10% jump in Network sales and a 2.5% increase in average revenue per customer.
Market PositionThe positive impact from recent consolidation in the additive manufacturing industry has reduced the number of competitors, benefiting ProtoLabs.
Strategic PartnershipsProtoLabs highlighted its participation in new aerospace programs, for example, Blue Origin’s Blue Moon Mark 1 lunar cargo lander, in a coalition which also includes NASA and Lockheed Martín.