logo-loader
view333D Ltd

333D secures exclusive rights

New technology to create 3D printed miniature figurines.

shutterstock_578045545_58ab682d349ce.jpg
Agreement with German based doob Group AG

333D (ASX:T3D) has secured exclusive rights to market doob Group AG ’s 360 degree camera array for the capture and creation of 3D printed miniature figurines into Australia and New Zealand.

333D is a Victora-based company focused on the technology, design and manufacture of 3D printers.

The company has now secured the exclusive rights to the German based doob 3D’s photogrammetry technology.

doob has developed both a 360 degree camera array that instantly captures a subject and post processing systems to create 3d print files that produce best in market miniature figurines.

This agreement will enable 333D to further leverage its investment in 3d printing hardware by producing full colour and incredibly accurate miniature figurines.

In securing this technology, 333D is now positioned to progress its agreement with the Australian Football League (AFL) as well as pursue similar agreements with other sporting associations.

Under the agreement, 333D will have exclusive sales and marketing rights for doob in Australia and New Zealand.

In consideration for the doob license, photogrammetry software and hardware and a Projet 660 3d printer, 333D will issue 15 million fully paid ordinary shares.

doob has seen significant take up and growth over recent years and now has stores across Germany, the U.S. and Japan, has revenues approaching $10 million per annum.

The new technology offers 333D the potential to pursue applications in other industry sectors as well.

333D’s shares were last trading 7.7% up intra-day, at $0.014.

The company had a cash balance of $1.5 million as at 31 December 2016.

Quick facts: 333D Ltd

Price: 0.001 AUD

ASX:T3D
Market: ASX
Market Cap: $1.07 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Pure Gold releases more impressive drill results from their underground work...

Pure Gold Mining (CVE: PGM- LSE: PUR) CEO Darin Labrenz joined Steve Darling from Proactive to discuss the company’s most recent drill results that show impressive numbers like 46.7 g/t gold over 7.0 metres and 57.0 g/t gold over 1.0 metre. Labrenz telling Proactive about that underground...

13 hours, 25 minutes ago

2 min read